| Market cap (m) | £11.1 |
| Enterprise value (m) | £11.5 |
Alien Metals Ltd is a mining exploration and development company. The principal activity of the company is to create and develop a multi-commodity portfolio of exploration and mining projects in jurisdictions with established mining communities, stable political backgrounds, and where operational controls can be assured. The company focuses on iron ore, silver, nickel, copper, and PGM mineral resource exploration. Its projects include Brockman Iron, Hancock Ranges, Vivash Gorge, Elizabeth Hill, and the Munni Munni project, among others. It has two geographical segments, Australia and the United Kingdom.
On 1 Dec 2025, Alien Metals- subsidiary agreed a conditional sale with GreenTech Metals for a majority interest in the Munni Munni project, with Alien retaining an interest and being free-carried to feasibility study. Completion requires a placement, shareholder approvals, and execution of a JV and ancillary agreements. Alien issued notice of AGM for 22 December.
On 3 Dec, GreenTech reported placement commitments, satisfying one condition; it may commence work at Munni Munni at its own risk, with drilling planned to support conversion of the resource to current reporting standards. On 4 Dec, West Coast Silver and Artemis signed a non-binding MoU to assess processing Elizabeth Hill material at Radio Hill, involving technical data sharing and potential future toll arrangements.