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80 Mile Plc Advances Hydrogen Valley Acquisition and Secures Financing for Biofuel Initiatives

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80 Mile Plc Advances Hydrogen Valley Acquisition and Secures Financing for Biofuel Initiatives

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An announcement from Bluejay Mining ( (GB:80M) ) is now available.

80 Mile Plc has progressed to stage two of acquiring a 24% interest in Hydrogen Valley, aiming for a full plant restart by Q3 2025 to produce biofuels and sustainable aviation fuels. Leveraging Mendelsohn’s expertise, Greenswitch is poised to secure significant funding through various Italian and EU grant programmes, enhancing its biofuel and green hydrogen initiatives, which could positively impact the company’s operational and financial growth.

More about Bluejay Mining

80 Mile Plc is an exploration and development company listed on the London AIM market, Frankfurt Stock Exchange, and the U.S. Pink Market, focusing on high-grade critical metals in Tier 1 jurisdictions such as Greenland and Finland. The company is advancing key projects like the Disko-Nuussuaq nickel-copper-cobalt-PGE project in Greenland, and the Outokumpu project in Finland, while also expanding into the energy sector with the acquisition of White Flame Energy.

YTD Price Performance: -1.11%

Average Trading Volume: 20,779,043

Technical Sentiment Consensus Rating: Buy

Current Market Cap: £10.6M

See more insights into 80M stock on TipRanks’ Stock Analysis page.

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