• Strategic Minerals published its annual report for the year ended Dec. 31, 2025, highlighting a step-up in activity at the Redmoor tungsten-tin-copper project in Cornwall while the Cobre magnetite operation in New Mexico continued to fund group overheads.
• Redmoor drilling restarted for the first time since 2018, with 5,048 meters completed in 2025, supporting an updated JORC inferred resource of 17.4 million tonnes at 0.65% WO3 equivalent.
• An updated economic sensitivity analysis lifted the project’s base-case potential to an after-tax NPV(8%) of USD 1.54 billion, with an IRR of 40%.
• Cobre delivered its third-highest annual ore sales in 14 years, with access to the stockpile extended to March 31, 2029.
• Work continued to exit the Leigh Creek Copper Project in South Australia, with Cuprum Metals exercising a call option in December 2025 and the first installment of the initial payment received.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Strategic Minerals plc published the original content used to generate this news brief on May 19, 2026, and is solely responsible for the information contained therein.