CHARLOTTE, N.C. and LUSAKA, Zambia, May 28, 2025 (GLOBE NEWSWIRE) — Terra Metals Inc., a U.S.-based critical minerals development company, and Metalex Commodities, a global energy and resources investment firm, have concluded final negotiations to establish Lunda Resources, a new copper and cobalt production powerhouse in Zambia. The agreement, which includes a $100 million initial funding commitment, will be signed next month at the U.S. Embassy in Lusaka, underscoring the strategic alignment with U.S. government priorities on critical mineral security.Logistics and export infrastructure
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