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An update from European Lithium ( (AU:EUR) ) is now available.
European Lithium Ltd has commenced a 2000m diamond drilling program at the Tanbreez Rare Earth Project in Greenland, aiming to enhance the Mineral Resource Estimate and advance the Bankable Feasibility Study. The company holds a significant investment in Critical Metals Corp., aligning with its vision to become a key supplier for critical metals in Europe. The project has received a non-binding Letter of Interest from the Export-Import Bank of the United States for a US$120 million funding package, which is expected to support the completion of pre-production activities and the commencement of mining.
More about European Lithium
European Lithium Ltd is a company operating in the mining industry, focusing on the exploration and development of lithium and rare earth projects. Its primary market focus is on supplying critical metals and supporting the lithium-ion battery supply chain in Europe.
YTD Price Performance: 100%
Average Trading Volume: 3,078,026
Technical Sentiment Signal: Buy
Current Market Cap: A$122M
See more insights into EUR stock on TipRanks’ Stock Analysis page.