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European Green Transition Plc ( (GB:EGT) ) has issued an announcement.
European Green Transition plc has secured a three-year extension for its Pajala copper-graphite licenses in Northern Sweden, granted by the Swedish Mining Authority. This extension, valid until March 2028, allows EGT to advance discussions with potential partners or acquirers, enhancing the project’s attractiveness amid strong copper prices. The extension provides potential partners sufficient time for project planning, aligning with EGT’s strategy to monetize its Swedish projects and focus on acquiring businesses that support the green energy transition.
More about European Green Transition Plc
European Green Transition plc, listed on the AIM market of the London Stock Exchange under the ticker ‘EGT’, operates in the green transition sector in Europe. The company focuses on capitalizing on opportunities arising from Europe’s shift towards a renewable-focused economy, aiming to expand its portfolio of green economy assets through mergers and acquisitions, particularly targeting revenue-generating businesses that support the green transition.
YTD Price Performance: -21.05%
Average Trading Volume: 38,804
Technical Sentiment Signal: Strong Buy
Find detailed analytics on EGT stock on TipRanks’ Stock Analysis page.