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Production / Operations

NSM Capital Sarl (Of Which Steadright is a Shareholder) Applies for License at Titanbeach One

By The Northwire Desk — AI Analysis Jan 22, 2026 · 08:15 SCM · 0.33 Steadright Critical Minerals Inc.
SCM · Price

Executive Summary

  • NSM Capital Sarl, in which Steadright holds a 75% interest, has formally submitted an application for the TitanBeach One Mining License (License No. 4039307) to Moroccan authorities.
  • The submission follows extensive technical, legal, environmental and organizational work and represents a key milestone toward advancing the TitanBeach titanium project in southern Morocco.
  • Ongoing meetings with regulators will address land allocation for processing facilities, underscoring continued constructive engagement with government bodies.

Key Details

  • License Application: TitanBeach One Mining License (No. 4039307) submitted by NSM Capital Sarl.
  • Ownership Structure: Steadright Critical Minerals Inc. holds a 75% equity stake in NSM Capital Sarl.
  • Project Scope: TitanBeach project comprises over 192 sq km of mineral exploration claims targeting titanium resources in southern Morocco.
  • Regulatory Interaction: Moroccan authorities have been cooperative; additional meetings are scheduled to discuss land allocation for processing infrastructure.
  • Milestone Significance: Marks a “significant milestone” in the path toward permitting and eventual production at TitanBeach.
  • CEO Comment: Matt Lewis, CEO & Director of Steadright, highlighted the achievement as the culmination of extensive effort and praised the collaborative Moroccan professionals involved.

Notable Quotes

“Our team is very pleased to see NSM Capital Sarl applying for a license. This is the culmination of a lot of time, effort and thought on the part of their team.” – Matt Lewis, CEO & Director, Steadright Critical Minerals Inc.

Read the original news release →

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