@MetalsCapital Targets Construction Q4 Start for Taprobane Mineral Sands Project - Capital Metals' Taprobane project in Sri Lanka boasts 17.6% average grade versus a global average under 5%, representing one of the world's highest-grade mineral sands deposits - Sri Lanka approved its first national minerals policy since 1999 in February 2026, identifying mining as a key source of foreign investment following the country's debt restructuring - Two mining licenses already secured with a 30-person team on the ground; construction could begin Q4 2026 pending final mining license approval - Stage 1 requires $25 million capex ($18M debt, $5M offtake prepay) targeting $40 million annual revenue with $18 million all-in costs and 75%+ IRR - Three-stage capacity expansion plan (125,000 tons concentrate each phase) with optional $10 million mineral separation plant enabling downstream value capture youtu.be/XFbV3hafcIw