The last key milestone, back in August was this RNS
Zeb Nickel Corp - Environmental Authorisation Granted for Zeb Nickel Project.
"The Project now awaits the approval and granting of the mining right from the DMPR, the final regulatory approval required for the project to commence with mining activities"
Perhaps the next , major , milestone is coming soon? |
 The most recent report:
“ URU Metals Limited
Chairman’s Statement
For the Period Ended 30 September 2024
I am pleased to present to our shareholders and stakeholders the consolidated financial statements of the Group for the
period ended 30 September 2024.
URU’s focus remains firmly on the Zeb Nickel Sulphide Project. This remains a key venture for URU Metals, given our
73.67% interest in Zeb Nickel Corp. The demand for nickel, essential in lithium-ion batteries and the burgeoning electric
vehicle market, continues to grow, highlighting the importance of our project.
The global market primarily offers Class 2 nickel, but our Zeb Project, with its Class 1 nickel sulphide deposits, stands
out for its quality and scarcity. Our recent exploration work this year has further confirmed the project's status as a premier
undeveloped nickel resource and the focus will be on identifying a higher-grade nickel sulphide resource.
The nickel market in 2024 is experiencing a surplus mainly due to the increased production of Class 2 nickel, particularly
from Indonesia. However, demand from the EV sector and for high-quality nickel sulphide is growing, which should lead
to a tighter market in the coming years. This increasing demand, coupled with limited high-grade nickel sulphide supplies,
points towards a future where the demand for nickel should outpace supply, leading to potential market deficits by the
mid-2020s
Our ongoing commitment at URU is to develop metals critical for rechargeable batteries, such as nickel, graphite, and
lithium. The Zeb Nickel Project in Limpopo remains at the forefront of our efforts, with the potential to hold a key
position in the global nickel market.
We thank our shareholders for their continued support and look forward to another year of progress and development at
Zeb Nickel Corp. |
I have held shares in URU for more years than I care to recall and have large losses. Its principal asset is a large interest in Zeb Nickel a Company listed in Canada exploring for Nickel. |
Anyone following ? |
good weekend media coverage for URU |
should see this well above 250.00 later today |
expect may see 300.00+ monday next week |
185.00 paid mms ready to move above 200.00 |
Up 64 percent now ..... this may finish above 100 percent today with 8 minutes to close |
up 51 percent mms ready to let go |
2.00+ incoming before close mms ticking up |
up 49 percent now |
number 3 on the leaderboard risers ....could really rally in the last 30 minutes |
up 33 percent |
You need to be smashed in and buried |
may see this finish in top spot today quite easily |
in the top 5 risers moving up swiftly |
up 30 percent here we go |
mms ticking up |
may see a 100 percent day today |
in the top 10 risers now |
Up 20 percent moving up nicely |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
