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Leading Edge Materials ups stake to 90% in Romanian JV, plans major underground exploration at Avram Iancu.

Company Fundamentals
27 May 2026
Globe News Wire
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Bullish
pluang ai news

Leading Edge Materials has increased its ownership in the Romanian Bihor Sud Exploration JV to 90%, recognizing eight years of investment. The company plans a comprehensive underground exploration program at Avram Iancu, targeting polymetallic and cobalt-nickel mineralization over a 2 km by 300 m area. The program, starting June/July 2026, aims to systematically sample and analyze mineral zones to advance project understanding and value. This move highlights the company's commitment to expanding its critical raw materials portfolio in Europe.

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