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The latest update is out from Greenland Minerals Limited ( (AU:ETM) ).
Energy Transition Minerals Ltd’s subsidiary, Greenland Minerals A/S, is engaged in arbitration with the Government of Greenland over the Kvanefjeld Project, a significant rare earth elements deposit. The Arbitration Tribunal has clarified jurisdictional matters, allowing the case to proceed in court regarding the exploitation license, while arbitration on contract breach and damages may continue later. This development is crucial for ETM’s efforts to advance the project, which holds potential economic and strategic value for Greenland and the global renewable energy sector.
More about Greenland Minerals Limited
Energy Transition Minerals Ltd (ASX: ETM) is an exploration and development company focusing on developing and financing supply chains for metals and materials critical to global decarbonization. The company manages exploration projects in Western Europe, North America, and Greenland, and is involved in projects like the Penouta Tin-Tantalum-Niobium Mine in Spain and the Villasrubias Lithium-Tantalum exploration project. ETM also holds lithium projects in Quebec, Canada.
Average Trading Volume: 8,734,303
Technical Sentiment Signal: Buy
Current Market Cap: A$188.1M
Learn more about ETM stock on TipRanks’ Stock Analysis page.