Halo Minerals PLC
LLSE:HALO7.64
GBX
+0.39
(+5.37%)
Halo Minerals PLC
LSE:HALO
(London Stock Exchange)
Recent
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7.64
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yld
- -
ROIC.AI
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- Halo Minerals PLC is a United Kingdom-based critical metals exploration, development, and environmental remediation company focused on the extraction and production of battery and industrial metals through the sustainable reprocessing of historical mining waste. The company specializes in the recovery of mineral commodities from legacy tailings deposits, aiming to support the global energy transition while restoring contaminated ecosystems. Its operations are structured around mineral processing, environmental reclamation, and mine development. Halo Minerals PLC offers a defined portfolio of commodities and operational capabilities, including: refined copper products, comprising commercial-grade copper cathodes and high-purity copper concentrates extracted through hydrometallurgical leaching and flotation processes; precious metals, including byproduct gold precipitates recovered from treated tailings; environmental remediation services, delivering ecological reclamation of coastal shorelines and marine environments via the removal, processing, and safe re-deposition of historic mining waste; and technical project management services, covering resource modeling, JORC-compliant mineral resource estimation, metallurgical testwork, and processing facility design. The company primarily targets global industrial off-takers, international commodity traders, smelters, refiners, and downstream manufacturers in the renewable energy, electric vehicle, and electrical transmission sectors. Geographically, Halo Minerals PLC maintains its corporate headquarters in London, United Kingdom, and conducts its principal resource operations in northern Chile. The company operates through its wholly owned subsidiary, Copper Bay Ltd, which controls the rights and mining concessions to its flagship Playa Verde copper and gold tailings project situated along the coast of Chañaral in the Atacama Region of Chile. The Playa Verde asset holds a JORC-compliant resource estimate of approximately 53 million tonnes grading 0.24 percent copper, containing an estimated ore reserve of 32.2 million tonnes at 0.25 percent copper. Originally incorporated in 2007 under the Companies Act in England and Wales, the company is headquartered in London, United Kingdom, and trades publicly on the AIM market of the London Stock Exchange under the ticker symbol HALO. In recent corporate and operational developments, the company executed a comprehensive strategic pivot toward sustainable tailings reprocessing and critical metal production. In March 2025, the company completed the acquisition of Copper Bay Ltd for a total deferred consideration of 7.5 million U.S. dollars linked to production milestones, securing full operational ownership of the Playa Verde tailings project. In January 2026, the company formally rebranded and changed its name from Guardian Metals PLC to Halo Minerals PLC following shareholder approval. In March 2026, Halo Minerals PLC completed its admission to trading on the AIM market of the London Stock Exchange, successfully raising 4.0 million pounds sterling in gross proceeds through an institutional equity placing to fund project engineering and working capital. Operationally, the company obtained its Environmental Impact Assessment approval from Chilean authorities in late 2025, which was fully ratified in July 2026 when the First Environmental Tribunal of Chile dismissed all legal claims against the permit. Halo Minerals PLC is currently advancing its Definitive Feasibility Study and engineering workstreams to reach a Final Investment Decision, targeting the commencement of commercial production in 2028.