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The latest announcement is out from Greenland Minerals Limited ( (AU:ETM) ).
Energy Transition Minerals Limited has received judicial approval to acquire the Penouta Tin-Tantalum-Niobium Mine in Spain for €5.2 million. This acquisition is strategically significant as Penouta is the only developed tin-tantalum-niobium project in the EU, aligning with Europe’s goals for critical mineral production. The transaction diversifies ETM’s portfolio, offering early cash flow potential and supporting its vision to be a leading critical minerals developer.
More about Greenland Minerals Limited
Energy Transition Minerals Limited (ASX: ETM) is a company focused on developing and producing critical minerals, with a significant project in Greenland and recent expansion into Spain. The company aims to enhance its portfolio with strategic acquisitions aligned with Europe’s critical mineral production goals.
Average Trading Volume: 8,308,321
Technical Sentiment Signal: Buy
Current Market Cap: A$186.1M
Find detailed analytics on ETM stock on TipRanks’ Stock Analysis page.