Uru Metals Ltd - mineral exploration and development company which counts Zebedelia nickel project in South Africa as ‘flagship’ asset - Reports no revenue in half-year ended September 30, unchanged annually. Net loss narrows to $374,000 from $436,000 year-on-year. Administrative expenses decline 9.1% to $396,000 from $436,000 on-year. Says Zebedelia project remains ‘key venture’ for firm, given its near-74% stake in Zeb Nickel Corp. ‘The demand for nickel, essential in lithium-ion batteries and the burgeoning electric vehicle market, continues to grow, highlighting the importance of our project,’ Uru adds.

Current stock price: 51.80 pence

12-month change: down 65%

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