Aldebaran Files PEA on Sedar+ and Announces Termination of the Option Agreement with Nuton Holdings Ltd. [Canadian Business Journal (Canada)]
Rio Tinto Plc (RIO)
US:NYSE Investor Relations:
riotinto.com/investors-87.aspx
Company Research
Source: Canadian Business Journal
VANCOUVER, British Columbia, Nov. 24, 2025 (GLOBE NEWSWIRE) —Aldebaran Resources Inc.Company(TSX-V: ALDE, OTCQX: ADBRF)www.sedarplus.cawww.aldebaranresources.comAdditionally, the Company announces that Nuton Holdings Ltd., a Rio Tinto venture (“Nuton”), has provided notice of termination of the option to joint venture agreement announced on November 7, 2024, under which Nuton had the right to acquire a 20% interest in the Altar project. Nuton’s decision comes as they are shifting priorities to focus on later-stage projects that could potentially deliver nearer-term production. Despite the termination, Nuton and Aldebaran could still enter a licensing agreement to deploy the Nuton®John Black, Chief Executive Officer and Director of Aldebaran, commented:The PEA demonstrated that the base case concentrator scenario for Altar is a long-life project delivering significant copper, gold, and silver production at attractive cash costs while minimizing upfront capital. With an NPV (8%) of US$2
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