Empire Metals Limited (LSE:EEE) has raised £7 million through a subscription of new ordinary shares with existing institutional investors. The capital will fund the next stage of development at the company’s Pitfield Titanium Project in Western Australia, focusing on resource expansion, metallurgical testwork, and pilot-scale production aimed at delivering high-purity TiO₂ product samples.
The company said the proceeds will also support team expansion and initial work toward a potential dual listing on the ASX, reflecting its strategy to broaden market access and investor engagement. The successful funding round highlights the strong strategic appeal of the Pitfield Project and positions Empire Metals to advance into its next phase of growth, strengthening its market presence and long-term value potential.
More about Empire Metals Ltd
Empire Metals Ltd is an exploration and resource development company focused on fast-tracking the commercialization of the Pitfield Titanium Project in Western Australia. The project hosts one of the world’s largest and highest-grade titanium resources, with a Mineral Resource Estimate of 2.2 billion tonnes at 5.1% TiO₂. Empire Metals aims to produce high-value titanium products — including metal and pigment-grade materials — supported by strong logistics and infrastructure for global distribution.
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