GreenX Metals Advances Exploration and Secures Major Arbitration Award

GreenX Metals ( (AU:GRX) ) has shared an announcement.

GreenX Metals Limited has been selected for BHP’s 2025 Xplor program, receiving US$500,000 to accelerate exploration at the Tannenberg Copper Project in Germany, where the exploration license has been expanded significantly. The company is also well-positioned to benefit from increased U.S. interest in Greenland’s critical minerals, with promising projects like Eleonore North and Arctic Rift Copper Project. Additionally, GreenX has been awarded up to £252 million in compensation from arbitration against Poland, with plans to return the majority of the cash to shareholders, despite Poland’s legal challenges to the award.

More about GreenX Metals

GreenX Metals Limited operates in the mining industry, focusing on the exploration and development of mineral projects. The company is engaged in copper and critical minerals exploration, with significant projects in Germany and Greenland. GreenX aims to leverage strategic partnerships and funding to advance its exploration initiatives.

YTD Price Performance: 11.76%

Average Trading Volume: 7,262

Technical Sentiment Signal: Hold

Current Market Cap: £105.3M

Find detailed analytics on GRX stock on TipRanks’ Stock Analysis page.