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Power Metal Resources PLC on Monday said its subsidiary GSA Environmental Ltd is in advanced talks with multiple parties for the licensing of its core metals extraction technologies. The London-based natural resources exploration business said GSA had also recently completed an initial commission for a global titanium dioxide producer into the treatment of its metal rich wastes streams. Power Metal owns 75% of GSA. Power Metal said waste streams associated with titanium dioxide are becoming an ‘increasingly pressing issue’ for producers due to higher disposal costs and the push for zero landfill. Power Metal Chief Executive Officer Sean Wade said: ‘It is encouraging to see the progress being made across GSAe and the potential its projects will bring. With the growing demand for critical materials, the use of economic extraction from waste provides an innovative solution and GSAe is building a secure network in Saudi Arabia, the UK, and Europe to reduce the anticipated and ongoing supply deficits in the key materials via sustainable waste extraction.’ Shares in Power Metal were up 4.7% to 14.03 pence in London on Monday afternoon. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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