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The latest announcement is out from Greenland Minerals Limited ( (AU:ETM) ).
Energy Transition Minerals Ltd is currently facing legal challenges with the Governments of Greenland and Denmark regarding the Kvanefjeld Rare Earths Project due to the Uranium Act, which has implications for the project’s exploitation license. Additionally, the company has secured the Penouta Mine in Spain, although the mineral resource estimates for this project are considered foreign and not yet compliant with the JORC Code, indicating potential uncertainties in resource classification.
More about Greenland Minerals Limited
Energy Transition Minerals Ltd (ETM) is involved in the critical metals industry, focusing on projects such as the Kvanefjeld Rare Earths Project in Greenland and the Penouta Tin-Tantalum-Niobium Mine in Spain. The company is engaged in the exploration and potential exploitation of these mineral resources, which are essential for various high-tech and green energy applications.
Average Trading Volume: 7,404,440
Technical Sentiment Signal: Buy
Current Market Cap: A$144.5M
See more data about ETM stock on TipRanks’ Stock Analysis page.