KEFI Gold awarded exploration licence in Ethiopia for critical metals
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KEFI Gold and Copper PLC has been awarded an exploration licence for the Konso critical metals area in Ethiopia, previously explored by Vale. The area is believed to have significant copper, tantalum, and lithium deposits.
December 04, 2024 | 8:00 am
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Vale previously explored the Konso area in Ethiopia, identifying significant deposits of copper, tantalum, and lithium. KEFI Gold and Copper PLC has now been awarded the exploration licence for this area.
Vale's previous exploration in the Konso area is mentioned, but they exited Ethiopia in 2012. The news is more relevant to KEFI's future activities than to Vale's current operations.
CONFIDENCE 90
IMPORTANCE 20
RELEVANCE 50