VDM Group Limited confirmed that the prospecting license for the company's Cachoeiras do Binga (CdB) Copper Project in Angola (55.25% owned by VDM) has been renewed until 11 January 2026. The CdB Project is located east of the regional capital and coastal city of Sumbe (airport and port) and approximately 385 km south of the Angolan capital city of Luanda. The CdB Project covers 3,854kms2 and is approximately 32kms from East to West and 129kms from North to South. The CdB Project shows characteristics of a typical central African sediment-hosted copper deposit.