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European Lithium ( (AU:EUR) ) has provided an announcement.
European Lithium Ltd has announced an update to its scoping study for the Tanbreez Project in Greenland, incorporating additional mineral resource estimates for Feldspar and Arfvedsonite. This update supports the production targets outlined in the original scoping study and indicates potential for selling these minerals in overseas and domestic markets. The company maintains that the financial forecasts remain unchanged, although further exploration and studies are needed to confirm the economic viability of the project.
More about European Lithium
European Lithium Ltd is a company operating in the mining industry, focusing on the extraction and processing of rare earth minerals. The company is primarily involved in the production of concentrates such as Eudialyte, Feldspar, and Arfvedsonite, with a market focus on both domestic and international sales.
Average Trading Volume: 974,463
Technical Sentiment Signal: Sell
Current Market Cap: A$74.09M
See more insights into EUR stock on TipRanks’ Stock Analysis page.