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Bluejay Mining ( (GB:80M) ) has provided an announcement.
80 Mile PLC has secured three strategic Memorandums of Understanding (MOUs) with major energy companies, including a Fortune 500 entity, Ludoil Energia, and JEnergy, enhancing its Ferrandina biofuels plant’s operations. These agreements ensure a steady supply of renewable feedstocks and secure 50% of the plant’s capacity, positioning the facility as a key player in Europe’s transition to low-carbon energy. The company has also acquired full ownership of Hydrogen Valley, further solidifying its strategic importance in the renewable fuels supply chain.
More about Bluejay Mining
80 Mile PLC is an exploration and development company listed on AIM, FSE, and OTC, focusing on renewable energy solutions. The company operates the Ferrandina biofuels facility in southern Italy, producing sustainable aviation fuel, hydrotreated vegetable oil, and biodiesel, which are in strong demand across Europe.
Average Trading Volume: 60,019,522
Technical Sentiment Signal: Hold
Current Market Cap: £29.49M
See more data about 80M stock on TipRanks’ Stock Analysis page.