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Palco Metals Limited has announced the approval of a Scheme of Amalgamation with Palco Recycle Industries Limited, passed unanimously at the EGM. The consolidation aims to streamline operations between the two entities, potentially enhancing operational efficiency and shareholder value. Voting turnout was strong with over 75% of shares polled, and 100% of votes cast in favor of the merger. This structural move signals a strategic alignment within the group's metals and recycling businesses, likely benefiting stakeholders through consolidated resources and simplified management.