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Future Metals has begun a detailed engineering assessment of the Savannah processing plant to develop its Panton platinum group metals project in a capital-efficient manner. This follows an MoU with Zeta Resources to evaluate the use of Savannah for processing Panton ore.

The Savannah plant has been under maintenance since January 2024. Initial reviews indicate that the plant is structurally sound, and key equipment is in good condition, although refurbishment of various systems is necessary.

The existing plant can accommodate additional equipment for Panton material processing. An earlier assessment suggested using Savannah could lower upfront capital costs by over 40% compared to building a new facility. Future Metals is also revising its mineral resource estimate for Panton and exploring copper targets within the Alice Downs Corridor.