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European Green Transition Announces Positive REE Project Results

European Green Transition Plc (GB:EGT) has released an update.

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European Green Transition Plc has announced promising results from its Olserum Rare Earth Elements project in Sweden, confirming significant REE mineralization with high-grade zones and an 800-meter mineralized trend. The company’s confidence is bolstered by the findings, supporting a fully permitted and low-cost drill program planned for the second half of 2024, with the aim of attracting a development partner. This project underscores EGT’s strategic focus on contributing to Europe’s green energy transition by securing a domestic supply of critical REEs.

For further insights into GB:EGT stock, check out TipRanks’ Stock Analysis page.

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