Welcome to our dedicated page for Empire Metals news (Ticker: EPMLF), a resource for investors and traders seeking the latest updates and insights on Empire Metals stock.
Empire Metals Limited reports developments as an AIM-quoted and OTCQX-traded resource exploration and development company focused on titanium. Company news centers on the Pitfield Titanium Project, including mineral resource work, metallurgical testing, engineering and economic studies, and product-quality updates for titanium dioxide feedstock.
Recurring announcements also cover capital raisings, share issuances, employee benefit trust and option matters, operating and financial results, portfolio actions involving non-core assets, and market-access items such as DTC eligibility for U.S. electronic clearing and settlement.
Empire Metals (OTCQX:EPMLF) reported interim results for the six months to 30 June 2026, highlighting major advances at the Pitfield Titanium Project in Western Australia. The company completed its largest drilling campaign to date (712 holes, 34,844m), underpinning an upgraded post-period Mineral Resource Estimate of 8.16 billion tonnes at 4.3% TiO₂ for 349 million tonnes of contained TiO₂, including a first Measured Resource of 374 million tonnes at 5.8% TiO₂.
According to Empire, an integrated metallurgical flowsheet has been defined, producing high-purity (99%+) TiO₂ pigment, with optional titanium sponge feedstock and high-grade alumina by-product. The group reported a loss of £1.88 million (vs £1.70 million loss in 2025), raised £8 million via a subscription of 26,666,667 shares at 30p, sold its 75% interest in the Eclipse Mining Lease for A$750,000, and ended the period with cash of £12.4 million. Preparation for a dual listing on the ASX remains on track for H2 2026.
Empire Metals (OTCQX: EPMLF) reported an upgraded JORC 2012 Mineral Resource Estimate for its Pitfield titanium project in Western Australia, which the company states confirms Pitfield as the world's largest titanium resource. The MRE totals 8.16 billion tonnes at 4.3% TiO2, containing 349 million tonnes of TiO2 across the Thomas and Cosgrove deposits.
The estimate includes a first Measured Resource of 374 Mt at 5.8% TiO2, Indicated of 3.65 Bt at 4.3% TiO2 and Inferred of 4.2 Bt at 4.1% TiO2. A near-surface weathered zone of 4.39 Bt at 4.4% TiO2 supports simple mining, while prior test work showed an integrated, conventional flowsheet producing 99%+ purity TiO2 for pigment and metal feedstocks.
Empire Metals (OTCQX:EPMLF, LON:EEE) has appointed Mr. Chris Dodds as General Manager (Project Delivery) and Ms. Emma Neale as Senior Advisor (Approvals) to support rapid advancement of its flagship Pitfield Titanium Project in Western Australia.
According to the company, Dodds brings over 20 years of mining, processing and major-project experience with organisations such as Alcoa, Wood, Iluka Resources, UGL and SIMPEC, and will lead project delivery through feasibility into potential commercial development. Neale, an environmental specialist with more than 14 years’ experience in approvals and impact assessment across Western Australia and internationally, will manage Pitfield’s approvals strategy and implementation.
Empire Metals highlights Pitfield as a large-scale, high-grade titanium resource with a Mineral Resource Estimate of 2.2 billion tonnes at 5.1% TiO₂, containing 113 million tonnes of TiO₂, and notes that conventional processing has already produced a 99.25% TiO₂ product.
Empire Metals (OTCQX:EPMLF, LON:EEE) has adopted a new Long-Term Incentive Plan (LTIP) and granted share-based awards to directors, senior management and employees. The package comprises 8,250,000 nil-cost share awards to be met from shares already held by the Employee Benefit Trust and 12,000,000 options over new ordinary shares at an exercise price of 40 pence. Together, these Awards represent about 2.67% of issued share capital, while total outstanding share-scheme commitments now equate to roughly 12.70% of issued capital.
Vesting is split into four 25% tranches, triggered only if the closing share price trades at or above targets of £0.50, £0.63, £0.78 and £0.98 for 10 consecutive trading days, subject to continued service. Managing director Shaun Bunn and finance director Greg Kuenzel each receive 3,000,000 EBT Awards and 3,000,000 options; non-executive director Phil Brumit receives 250,000 EBT Awards and 500,000 options. Other employees receive the balance, while chairman Neil O'Brien and non-executive director Peter Damouni receive no Awards. The director grants are treated as related-party transactions under AIM Rule 13 and, according to Empire Metals, have been considered fair and reasonable by the independent directors after consulting SP Angel Corporate Finance.
Empire Metals (OTCQX:EPMLF) completed the sale of its 75% interest in the Eclipse Mining Lease, a non-core gold asset near Kalgoorlie, Western Australia.
Total cash consideration is A$750,000, fully received, supporting the strategy to focus capital and management on the Pitfield Titanium Project.
Empire Metals (OTCQX:EPMLF) will host a live investor presentation on the Investor Meet Company platform at 09:00 BST on 30 June 2026. Managing Director Shaun Bunn and Finance Director Greg Kuenzel will discuss recent progress at the Pitfield Project and upcoming commercialisation milestones.
Empire Metals (OTCQX:EPMLF) reported extensive drilling results from the Thomas Prospect at the Pitfield Project in Western Australia. The high-grade weathered central core extends over about 6.25km² with an average drilled thickness of 47m.
Thomas drilling totalled 178 holes for 9,816m, including multiple intercepts near or above 8% TiO₂ and a peak sample of 2m @ 21.44% TiO₂. An upgraded Mineral Resource Estimate is targeted for Q3 2026 to support mine planning, with engineering studies and continuous pilot testwork scheduled into Q4 2026. Assay results from Cosgrove and wider exploration drilling are expected in late June and July 2026.
Empire Metals (OTCQX:EPMLF) has defined an integrated metallurgical flowsheet for the Pitfield Titanium Project in Western Australia, producing 99%+ TiO₂ pigment, titanium sponge feedstock and a high-grade alumina co-product.
Bench-scale work shows up to 98% titanium extraction, >34% TiO₂ concentrates, 98.7% Al₂O₃, and >90% gangue rejection. Empire expects continuous piloting to start in Q3 2026 and believes the route offers a cost advantage versus conventional ilmenite sulphate processes.
Empire Metals (OTCQX:EPMLF, AIM:EEE) announced the appointment of Zeus Capital as joint corporate broker with immediate effect.
Zeus will work alongside existing joint brokers Canaccord Genuity and S. P. Angel Corporate Finance, supporting the exploration and development company’s capital markets and investor relations activities.
Empire Metals (OTC:EPMLF) reported a change in major shareholdings under TR-1 rules. Asian Investment Management Services now holds 8.28% of voting rights, up from 7.04%, representing 62,721,974 voting rights in ISIN VGG3036T1012.
The threshold was crossed and the issuer notified on 15 May 2026, with completion recorded in Kuala Lumpur, Malaysia.