An update from European Lithium Ltd. ( (AU:EUR) ) is now available.
European Lithium Ltd has announced a Maiden Mineral Resource Estimate (MRE) of 45 million tonnes at 0.4% REO for the Tanbreez Project in Greenland. This project is significant due to its high content of Heavy Rare Earth Elements (HREEs), which are more valuable than Light Rare Earth Elements (LREEs). The project is strategically positioned to supply the western hemisphere with critical minerals for various industries, including defense. The announcement marks a significant milestone for the company, as it now considers the Tanbreez Project material to its operations, following increased investment and partnership with Critical Metals Corp. The project is expected to undergo further development and drilling to expand its resource base.
More about European Lithium Ltd.
European Lithium Ltd is a company operating in the mining industry, focusing on the extraction and supply of rare earth elements (REEs). The company is involved in projects that aim to provide sustainable and reliable sources of critical minerals, particularly targeting markets in North America and Europe.
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