Newcastle Municipality
10h
·
MEDIA STATEMENT
FOR IMMEDIATE RELEASE
Date: 03 June 2026
MAYOR DUBE WELCOMES STRATEGIC LIONS BAY RESOURCES INVESTMENT AS NEWCASTLE ADVANCES ITS ECONOMIC GROWTH AGENDA
Newcastle Municipality has welcomed a significant private sector investment that is set to contribute towards industrial revitalisation, economic growth and job creation, following a strategic engagement between His Worship the Mayor, Councillor D.X. Dube, and representatives of Lions Bay Resources on Wednesday, 03 June 2026.
Held at the Mayor’s Parlour, the engagement marked an important milestone in Newcastle Municipality’s ongoing efforts to attract investment, stimulate economic activity and position Newcastle as a preferred destination for industrial development and business growth.
The investor engagement, led by the Speaker of Council, Councillor T.M. Zulu, was attended by the Deputy Mayor of Newcastle Municipality, Councillor A.T. Nkosi, the Mayor of Amajuba District Municipality, Councillor T.E. Mthembu, Chairperson of Development Planning and Human Settlements, Councillor Bertie Meiring, as well as senior municipal officials.
During the engagement, Lions Bay Resources confirmed that the acquisition of the former KCE Plant located within the Karbochem Industrial Park has been successfully concluded. This development officially initiates Phase One of a strategic investment programme that will see the refurbishment and redevelopment of the facility into an energy generation plant over the next twelve months.
The investment represents a significant step towards the revitalisation of Newcastle’s industrial assets and demonstrates growing confidence in the municipality’s long-term economic prospects.
Welcoming the investment, Mayor Dube described the project as a catalyst for economic renewal and a clear indication that Newcastle remains an attractive destination for strategic investment.
“The redevelopment of the Karbochem Industrial Park represents far more than an investment in infrastructure. It is an investment in people, jobs, enterprise development and the future prosperity of Newcastle. As a municipality, we remain committed to fostering strategic partnerships that unlock economic opportunities, strengthen local industries and improve the quality of life of our residents,” said Mayor Dube.
The Mayor further emphasised that the investment aligns directly with the Municipality’s 2026/2027 Integrated Development Plan (IDP), Vision 2035 and broader economic development objectives aimed at driving inclusive growth and expanding economic participation.
“As we advance our development agenda, we require partners who share our vision of a thriving, competitive and investment-ready Newcastle. The commitment demonstrated by Lions Bay Resources sends a strong message that Newcastle remains open for business and continues to offer significant opportunities for industrial growth, innovation and investment,” he added.
Max147
pred 2 týždňami
Should I ????
I originally bought at 40p , I then bought more to average down to 17p .. I bought the maximum so I couldn’t average down anymore. However I look today and I can buy more ……tbh i wrote these off but would like opinions. Yes I know it’s a big risk but I did the same with Zynwold lithium …bought at 5p and they’ve nearly doubled . I can’t see MET 1 reaching 30, 40p again but who knows….whats your thoughts folks please.
JimBah
pred 4 týždňami
News
Metals One has highlighted progress at its 35%-owned NovaCore Uranium Inc., a U.S.-based developer of the Red Basin Uranium Project in New Mexico, where historical and recent surveys indicate the potential for significant U₃O₈ resources. NovaCore is undertaking a minimum US$1.25 million pre-IPO raise at US$1.00 per share, implying a US$6.7 million pre-money valuation that marks a clear uplift on Metals One’s earlier entry price and will leave the AIM-listed group with a roughly 29.5% stake.
The financing, backed by specialist sector investors, is intended to fund pre-drilling work through 2026, including permitting, field mapping, assays and detailed radiometric surveys, ahead of an expected stock market listing in the third quarter of 2026 and a maiden drilling programme soon after. Management at both companies position the Red Basin project as a high-potential uranium opportunity within a politically supportive U.S. jurisdiction, giving Metals One leveraged exposure to a structurally tight uranium market driven by plans to expand nuclear capacity and rising demand for low-carbon baseload power.
JimBah
pred 4 týždňami
News
• Metals One will showcase its North American uranium, vanadium and gold assets at a New York investor conference to bolster visibility around its U.S. OTCQB listing.
• The company is highlighting a no-capex uranium waste recovery deal and its diversified gold interests in Nevada, Peru and South Africa to attract a broader global investor base.
petedmeat25
minulý mesiac
do people still have hope
despite today, does anyone actually believe in this long term?
Nik123
minulý mesiac
Today's update
DISA Technologies Agreement –
Metals One PLC has expanded its partnership with DISA Technologies to advance uranium waste recovery at its Uravan Belt Project in Colorado.
What the agreement actually does
DISA will use its patented High-Pressure Slurry Ablation (HPSA) technology to process abandoned uranium mine waste dumps across the site. This is not traditional mining — it focuses on reprocessing historic waste piles that still contain recoverable uranium and critical minerals.
Scope of the project
Covers 8 waste dumps at the Uravan Project (Colorado)
Located in the historic Uravan Mineral Belt, a former major US uranium-producing region
Material includes legacy mine waste with remaining uranium and vanadium content
Commercial structure (key point for investors)
Metals One pays zero CAPEX and zero OPEX
DISA fully funds:
Permitting
Operations
Processing
Environmental remediation
Metals One receives a gross revenue royalty of 2.5%–4.0% on recovered saleable concentrates
Revenue share depends on commodity price environment
Technology advantage (HPSA system)
Mobile, modular processing units
Designed for surface waste reprocessing
Can remove ~90% of uranium and radium contamination
Generates both:
Saleable uranium/critical minerals
Environmental remediation benefits
Why it matters strategically
Potential near-term cash-flow exposure without capital risk
Aligns with US and EU policies encouraging critical minerals recovery from legacy waste
Converts historic environmental liabilities into monetisable resources
Expands Metals One beyond pure exploration into revenue-linked mining services exposure
Char6
minulý mesiac
Wtf
Max147
minulý mesiac
Anyone ??
Trading has been suspended, then not suspended a few times this morning…why the stop start …any know please
Sam010
minulý mesiac
Halts
Keep getting halted man😔
CaptPrice
minulý mesiac
To all the people that sold at lower
Oof
Max147
minulý mesiac
Great news …
I’m no longer -90%. …I’m minus 88% …I need 17p for green 😂😂😂😂😂😂 anyway let’s see what happens over the next 30 years…..you never know!!!!!!! 😂
Lurrrb
minulý mesiac
Oh look!…
… I’m still -£1200 😂
Hope this is the start of something good for the bag holders. Much love x
Just informing...😊
https://otp.tools.investis.com/clients/uk/metals_one_plc/rns/regulatory-story.aspx?cid=2778&newsid=2057240
Maanmannetjie
minulý mesiac
Met1 support group
This sinking ship has become an emotional support group sadly. The orchestra is still playing, hoping to go out on a high. Some managed to get off in life boats without any belongings and the rest of us are just huddled together waiting for the final wave to sink us completely 🫠🎻🚣🏼👫🌊🚢
ForwardEver
minulý mesiac
Are you guys still here?
Táto stránka môže zahŕňať obsah vytvorený komunitou, za ktorý Trading 212 nezodpovedá. Vždy všetko preskúmaj. Trading 212 poskytuje iba službu realizácie príkazov a neponúka investičné poradenstvo ani správu portfólia.
Investovanie bez provízií pre každého
Nakupuj a predávaj Metals One PLC +0,050 GBX (3,45 %) a viac než 13 000 svetových akcií a ETF
Budovanie bohatstva je o zvyku. Automatizuj ho pomocou Pie.
Investuj do hotových Pies alebo si vytvor vlastné výberom z tisícov akcií a ETF
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Euronext Lisabon
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Nepretržitá podpora
Priemerný čas odozvy 29 sekúnd
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Vynikajúca
Hodnotenie 4,6 / 5 na základe 95 210 hodnotení
Trustpilot
Hodnotenie 4,6 / 5 na základe 95 210 hodnotení
Trustpilot
Pozvaný(á)
Instant access to my savings
Instant access to my savings. Easy to use app. Great interest!! Love that you can track it daily
Pozvaný(á)
Good experience
App is easy to use, deposits and withdrawals are easy to make. Good service
Pozvaný(á)
Great experience
It’s great being able to see my investment grow with a good interest rate.
Pozvaný(á)
Very easy to use
Easy to use
Best platform I have used
Pozvaný(á)
Easy to do
Easy to do, clear instructions, straightforward and tidy software did what tge software needed to do.
Pozvaný(á)
Support for multiple accounts within a…
Support for multiple accounts within a single app
User-friendly and intuitive interface
Fast deposits, payments, and share purchases with minimal delays
A clear dashboard that shows everything at a glance
Easy navigation between accounts and investments
Real-time updates on balances, transactions, and portfolio performance.
Pozvaný(á)
Easy to use
Easy to use, good interest rate, access to savings made easy.
Pozvaný(á)
Easy to set up
Easy to set up, great interest rate , regular updates !
Pozvaný(á)
App is simple
App is simple, easy to use, many setting possibilities. Love it
Pozvaný(á)
The app works well and the whole set up…
The app works well and the whole set up is easy and is very clear.
I really like it - so far.
Pozvaný(á)
Easy to use app
Easy to use app. Keeps me informed and easy to track
Pozvaný(á)
The speed of transferring and withdrawing is the best on the market!!!
The simplicity of staying fully in control of my funds is excellent. The speed of transferring in and out of my account is excellent, so if I need to dip in on occasion my funds are in my current account within seconds. Likewise paying in is instant. Love it!!!
Pozvaný(á)
Great platform to start the investment and trading journey
The interface is user friendly and smooth. Easy to understand what's happening.
Based on own research you can create your portfolio and track them. Alot of important stocks are available.
I couldn't ask for more as a starter in the Investment world.
Pozvaný(á)
Great interest rate
Great interest rate, easy to use app, sit back and watch your money grow
Pozvaný(á)
Very easy to invest and keep track of my investments Simple and easy to invest and keep…
Simple and easy to invest and keep track of my savings, with very good interest rates.
Pozvaný(á)
Great first time saver
Really quick and easy to use brilliant for a first time savings account.
Pozvaný(á)
User friendly and love investing…
User friendly and love investing Trading212 as Beginner.
Pozvaný(á)
Lovely interface and low fees
Lovely interface and low fees
Highly recommended for beginner investors
Pozvaný(á)
Easy app
Easy app, no fuss deposits and no fuss withdrawals.
Pozvaný(á)
Good communication
I like the way you get a notification each day to tell you how much you’ve earned
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Naše ocenenia
Často kladené otázky
Aká je cena akcie Metals One (MET1)?
Aktuálna cena Metals One (MET1) je 1,5 GBX.
Aké je 52-týždňové maximum MET1?
52-týždňové maximum pre MET1 je 29,21 GBX.
Aké je 52-týždňové minimum MET1?
52-týždňové minimum pre MET1 je 1,15 GBX.
Aká je týždenná výkonnosť MET1?
Za posledný týždeň sa cena MET1 zmenila o 15,38 %.
Aká je mesačná výkonnosť MET1?
Za posledný mesiac sa cena MET1 zmenila o 2,74 %.
Aká je 3-mesačná výkonnosť MET1?
Za posledné tri mesiace sa cena MET1 zmenila o -11,24 %.
Aká je 6-mesačná výkonnosť MET1?
Za posledných šesť mesiacov sa cena MET1 zmenila o -11,24 %.