ACDC Metals Lodges Retention Licence Application for Goschen Central Project.

ACDC Metals Limited (ASX: ADC) has submitted a retention licence application for its Goschen Central Project in Western Victoria, a significant step in advancing the development of this large critical and strategic minerals asset. The 10-year licence, covering existing exploration licence EL 5278 and an additional nine square kilometres, supports further exploration and development. This follows key milestones such as an updated mineral resource, successful metallurgical test work, and a completed scoping study demonstrating a robust economic model.

The scoping study highlighted an AU$384 million NPV8 and 24% IRR (pre-tax), confirming strong potential for zircon, titanium, and magnetic rare earth production. The Victorian regulatory environment remains supportive, with recent approvals granted to similar projects. ACDC plans to continue advancing mineralogy studies to enhance geological confidence. With this move, ACDC positions Goschen Central as a cornerstone of the state’s critical minerals strategy, reinforcing its importance in Australia’s supply chain.

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