Steadright Critical Minerals, a Canadian company, announced on August 13, 2026, that it has been granted a mining permit covering approximately 16 square kilometers for its TitanBeach Titanium Beach One project in Morocco. The permit was issued to NSM Capital SARL, a subsidiary in which Steadright holds a 76.5% stake.
The permit is located in the coastal region of Morocco, known for heavy mineral sands containing titanium. Titanium is a key metal used in aerospace, defense, and consumer products due to its strength and corrosion resistance.
Steadright stated that this permit is a significant step forward for the project, which aims to develop a titanium beach sand operation. The company plans to conduct further exploration and feasibility studies to assess the economic viability of the deposit.
The announcement was made via a press release, and the company emphasized its commitment to responsible development and local partnerships. No specific production timelines or resource estimates were disclosed in the initial announcement.
