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Greenland Minerals Limited ( (AU:ETM) ) has shared an update.
Energy Transition Minerals reported substantial procedural progress in its long-running legal and arbitration battles over the Kvanefjeld project, with recent rulings in Copenhagen and by the arbitral tribunal clearing the way for the primary case to advance toward a merits hearing in the High Court of Greenland. The company has moved to streamline the litigation by withdrawing Denmark as a party in Greenland, is seeking to have the Danish case stayed, and maintains it has satisfied all statutory, technical and environmental conditions for an exploitation licence, a stance that underscores the project’s potential importance to Greenland and to ETM’s future. At the same time, ETM advanced its diversification strategy by progressing the court-approved acquisition of the Penouta mine in Spain, securing judicial backing, filing key regulatory applications and beginning technical and operational reviews to prepare for a restart, with transaction completion targeted for the second quarter of 2026, which would add a producing tin-tantalum-niobium asset to its portfolio.
The most recent analyst rating on (AU:ETM) stock is a Hold with a A$0.19 price target. To see the full list of analyst forecasts on Greenland Minerals Limited stock, see the AU:ETM Stock Forecast page.
More about Greenland Minerals Limited
Energy Transition Minerals Ltd is a resources company focused on critical minerals projects, including the Kvanefjeld rare earths project in Greenland and the Penouta tin-tantalum-niobium mine in Spain, aimed at supplying materials essential for the global energy transition. The company is increasingly targeting international capital markets, particularly the United States, and is strengthening its advisory and management capabilities to support this strategic focus.
Average Trading Volume: 6,376,682
Technical Sentiment Signal: Buy
Current Market Cap: A$376.5M
Find detailed analytics on ETM stock on TipRanks’ Stock Analysis page.