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Sunrise Energy Metals (ASX:SRL) continues to advance Sunrise Complex SubscribeBe the first with the news that moves the market Sunrise Energy Metals (SRL), formerly known as Clean TeQ, is continuing to advance the development of its Sunrise Battery Materials Complex During the most recent quarter, SRL completed a study which confirmed the availability and cost of renewable energy to supply the external power requirements for the project The proposal eliminates around one third of the project’s total carbon emissions and positions Sunrise as one of the world’s largest battery metals produc...

Lotus Resources upgraded to BUY rating off the back of Hylea sale: BW Equities The sale means the company can focus on its Kayelekera uranium asset and will provide additional funding to underpin the ongoing development program. The company will retain exposure to Hylea by way of shares in Sunrise Energy Metals. Lotus Resources Ltd’s (ASX:LOT) recent sale of its Hylea Cobalt Project in NSW to Sunrise Energy Metals (ASX:SRL) has secured the company a BUY rating from BW Equities analyst Daniel Seeney. The company will divest its 100% interest in the Hylea Project for $1.0 millio...

Lotus Resources sells non-core Australian asset for $2.5 million to strengthen focus on uranium project Since acquiring the Kayelekera Uranium Project in 2019, the Hylea Project has become non-core to the company’s long-term strategy. The transaction is anticipated to close following ministerial approval for the transfer of the exploration licences for the Hylea Project. Lotus Resources Ltd (ASX:LOT) has reached an agreement to divest its Hylea Cobalt Project in central New South Wales, to Sunrise Energy Metals Limited (ASX.SRL) for total consideration of $2.5 million. This sal...