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Future Metals NL (ASX:FME)

ALERT: Price-sensitive ASX Announcement for FME
Current share price for FME : $0.016 0.002 (14.29%)+
Announcement
Release
9 Jul 2026 8:35AM
Price at Release
$0.014
Full Release
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Summary
Future Metals NL has announced a significant advancement in the Panton Project with an updated Mineral Resource Estimate (MRE). This new estimate is underpinned by a Net Smelter Return (NSR) framework that captures the economic contributions of platinum, palladium, gold, nickel, and chromite. The updated MRE shows a total of 82.3 million tonnes with potential for economic extraction, supporting the development of a new Scoping Study. As reported, the first half of 2026 was highly productive, with expectations for continued progress in the second half.
Key Points
  • Updated Mineral Resource Estimate for the Panton Project.
  • Introduction of a Net Smelter Return framework.
  • Economic contributions captured for platinum, palladium, gold, nickel, and chromite.
  • 82.3 million tonnes identified with reasonable potential for extraction.
  • Development of a new Scoping Study underway.
  • Significant progress reported in the first half of 2026.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.