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Green Minerals Secures Marine Minerals License Extension in Pacific Ocean

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Green Minerals Secures Marine Minerals License Extension in Pacific Ocean

Green Minerals AS ( (DE:5IP) ) has provided an announcement.

Green Minerals AS has extended its Memorandum of Understanding to secure its first marine minerals license in the Clarion Clipperton Zone of the Pacific Ocean. This agreement, extended until 2027, positions the company to explore a significant resource base, potentially enhancing its role in the global mineral market.

More about Green Minerals AS

Green Minerals AS is engaged in the sustainable extraction of minerals and rare earth elements through deep sea mining, aiming to support the green energy transition while minimizing the environmental and social impacts associated with terrestrial mining. The company addresses strategic mineral needs for the EU and the USA.

YTD Price Performance: -35.86%

Average Trading Volume: 8,000

Technical Sentiment Signal: Buy

Current Market Cap: €4.39M

See more data about 5IP stock on TipRanks’ Stock Analysis page.

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