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Greenland Minerals Limited ( (AU:ETM) ) has issued an update.
Energy Transition Minerals Ltd has received a favorable ruling from the Copenhagen City Court, allowing it to pursue an exploitation license for the Kvanefjeld project and potential damages claims against the Governments of Greenland and Denmark. This decision removes procedural barriers and marks a significant step forward in a case that tests the commitment to the rule of law in the global race for critical minerals. The ruling enables the company to advance its claims efficiently, with the main case proceeding in Greenland and a subsequent case potentially in Denmark, bringing long-awaited legal certainty to the process.
More about Greenland Minerals Limited
Energy Transition Minerals Ltd (ASX:ETM) is a company focused on the development and exploitation of mineral resources, particularly rare earth elements. The company is engaged in the Kvanefjeld mining project in Greenland, which is one of the world’s largest known deposits of rare earth elements.
YTD Price Performance: 87.18%
Average Trading Volume: 8,385,893
Technical Sentiment Signal: Buy
Current Market Cap: A$144.5M
For detailed information about ETM stock, go to TipRanks’ Stock Analysis page.