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Electric Royalties Anticipates Growth Amid Advances
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Electric Royalties Anticipates Growth Amid Advances

Electric Royalties (TSE:ELEC) has released an update.

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Electric Royalties Ltd. reports progression in its diverse mining interests, including anticipation of revenue growth from the Penouta Tin-Tantalum Mine after a 30% increase in tin prices and continued advancements in the Seymour Lake lithium project. Despite legal challenges over a permit, the company’s Penouta Mine in Spain remains operational under a separate permit, with Strategic Minerals Europe exploring legal options to reinstate the suspended permit. Electric Royalties highlights ongoing developments across its 40 royalties portfolio, emphasizing growth without additional costs.

For further insights into TSE:ELEC stock, check out TipRanks’ Stock Analysis page.

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