LSE:MET1
AIM All-Share
Metals One PLC
Industrial Metals and Mining
1.3175p 0.0175p 1.35% (as of close on 15/7/26)
| Market cap (m) | £14.9 |
| Enterprise value (m) | £7.2 |
Metals One PLC is a diversified critical minerals and natural resources investment and exploration company. The Group holds a portfolio of exploration and evaluation assets covering uranium, gold, copper, battery metals, vanadium, nickel, cobalt, zinc, silver, graphite, and platinum group elements, along with listed and unlisted equity investments in junior resource companies. Its projects include the Uravan Uranium-Vanadium Project, Graphite Project, and others. The Group operates through the Exploration and Corporate segments, with exploration activities comprising Finnish and Norwegian operations and the associated holding companies. It has project interests in the USA, Finland, Norway, Peru, Tanzania, and South Africa.
Last Updated: 06/07/2026
Metals One entered conditional heads of terms with Lions Bay Capital and affiliates for Lions Bay to acquire all of Lions Bay Resources (LBR). Metals One holds a stake in LBR and an option to increase it. Consideration would be Lions Bay shares; Fidelity Minerals shares would be transferred in partial debt repayment; remaining debt would become a loan from LBR.
Metals One also reported full-year results, with a widened pretax loss and higher administrative expenses. It completed financings and stated its current focus is developing a gold business in South Africa and exploring uranium claims in North America, alongside other majority and minority project interests.
