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Bluejay Mining ( (GB:80M) ) just unveiled an announcement.
80 Mile Plc has increased its interest in Hydrogen Valley to 49%, enhancing its position in the sustainable and renewable energy markets. This move is part of its broader strategy to expand its portfolio in clean energy solutions. Additionally, its subsidiary Greenswitch has signed a Memorandum of Understanding with Tecnoparco for the supply of up to 40,000 tonnes of biofuel annually, marking a significant step towards reducing Tecnoparco’s reliance on imported palm oil and enhancing sustainability. This agreement could pave the way for further similar deals, potentially benefiting both companies and the broader industry.
More about Bluejay Mining
80 Mile Plc is an exploration and development company listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. OTC Market. The company focuses on high-grade critical metals in Tier 1 jurisdictions, with projects in Greenland and a developing industrial gas and biofuels business in Italy. Its strategy includes advancing key projects and creating value through partnerships and strategic acquisitions, with a focus on base metals, precious metals, industrial gas, and sustainable energy solutions.
Average Trading Volume: 23,119,698
Technical Sentiment Signal: Sell
Current Market Cap: £10.23M
Learn more about 80M stock on TipRanks’ Stock Analysis page.