SEHK:1277Oil and Gas
Kinetic Development Group (SEHK:1277) Is Up 17.2% After Securing Long-Term Sierra Leone Rutile Rights – Has The Bull Case Changed?
In December 2025, the board of Kinetic Development Group announced that its Sierra Leone subsidiary Metal Mining had signed cooperation agreements with Minenet to develop and operate a rutile project in Rotifunk, securing exclusive rights to explore, mine, process, and sell heavy sand minerals within a designated 50 square kilometre area until 2049.
This long-term project, involving about US$18,000,000 of initial investment, plans up to five production lines and could materially expand...