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Greenland Minerals Limited ( (AU:ETM) ) has provided an update.
Energy Transition Minerals Ltd (ETM) has taken a significant step in advancing its legal claim regarding the Kvanefjeld Project in Greenland by requesting the High Court of Greenland to remove Denmark as a party to the case. This action follows recent legal clarifications and aims to clear procedural hurdles, allowing ETM to argue its case substantively. The company asserts its right to an exploitation license for one of the world’s largest rare earth deposits, a claim that has been delayed due to Greenland’s 2021 Uranium Act. ETM’s pursuit of this license highlights broader issues of international investment protection and the security of rare earth supplies, which are vital for clean energy and technology industries.
More about Greenland Minerals Limited
Energy Transition Minerals Ltd (ETM) is a company involved in the mining industry, focusing on the extraction and development of rare earth elements. These elements are crucial for clean energy, technology, and defense sectors, positioning ETM as a key player in the global supply chain for these critical materials.
YTD Price Performance: 123.08%
Average Trading Volume: 5,992,338
Technical Sentiment Signal: Buy
Current Market Cap: A$172.3M
For detailed information about ETM stock, go to TipRanks’ Stock Analysis page.