Canadian mining firm Steadright Critical Minerals has begun its preliminary economic assessment for the TitanBeach project, aiming to extract titanium-rich sands from Morocco’s Atlantic coast.
The project, developed in partnership with Critical Foundation Metals (25 percent stake), will be studied by ABG Exploration, with soil analysis conducted in Marrakech and Quebec labs.
The site’s geological richness, shaped by ancient coastal processes, was confirmed by Moroccan expert Omar Qayou. Titanium, used in aerospace, defense, and medical industries, is seeing global demand surge amid supply chain constraints. It is officially classified as a critical material by Canada, the EU, and the US.
To fund exploration, Steadright launched a CAD 970,000 private placement round. CEO Matt Lewis described the launch as a “key step” in expanding into strategic minerals, highlighting Morocco’s favorable geology and effective local partnerships.
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