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The latest update is out from Cradle Resources Limited ( (AU:EE1) ).
Earth’s Energy Limited has released its quarterly activities report, highlighting significant progress in its geothermal projects. The company’s Paralana Project has confirmed its suitability for development as a Next-Generation Enhanced Geothermal System, potentially positioning it as a cornerstone for clean energy transition. Additionally, the company is exploring new prospects in the Flinders West Corridor and developing geothermal-powered data centers in Queensland, reflecting a strategic focus on commercializing geothermal energy solutions.
More about Cradle Resources Limited
Earth’s Energy Limited is a company operating in the geothermal energy sector, focusing on the development of Enhanced Geothermal Systems (EGS) and geothermal-powered data centers. Their market focus includes providing green baseload electricity, particularly targeting areas such as the Flinders West Corridor and Queensland.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.49M
Find detailed analytics on EE1 stock on TipRanks’ Stock Analysis page.
