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European Lithium Advances Tanbreez Project with New Drilling Contract

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European Lithium Advances Tanbreez Project with New Drilling Contract

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European Lithium ( (AU:EUR) ) has shared an update.

European Lithium Ltd announced that Critical Metals Corp. has signed a US$2.0M diamond drilling contract for the Tanbreez Rare Earth Project in Greenland. This initiative aims to enhance the resource classification and expand the Tanbreez Fjord Deposit, potentially strengthening the company’s position in the critical metals market and impacting stakeholders positively by advancing the project’s development.

More about European Lithium

European Lithium Ltd is a company focused on the supply of critical metals and the lithium-ion battery supply chain in Europe. It holds a significant stake in Critical Metals Corp., aligning with its vision to become a key supplier in this sector.

YTD Price Performance: 45.24%

Average Trading Volume: 1,963,075

Technical Sentiment Signal: Hold

Current Market Cap: A$88.61M

For an in-depth examination of EUR stock, go to TipRanks’ Overview page.

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