The latest announcement is out from Green Minerals AS ( (DE:5IP) ).
Green Minerals AS has announced its Q4 2024 report and responded to a government delay in seabed mineral licensing by reducing its annual spending rate and preparing its license application. The company has also experienced a leadership change with Øivind Dahl-Stamnes taking over as CEO. These developments reflect Green Minerals’ adaptive strategy in maintaining its focus on the green transition while navigating regulatory timelines.
More about Green Minerals AS
Green Minerals AS is a specialized deep-sea mining company focusing on the exploration and extraction of critical minerals necessary for the green energy transition. The company aims to provide these minerals in a responsible and sustainable manner, significantly reducing the social and environmental impact compared to terrestrial mining. Green Minerals addresses strategic needs for the EU and the USA by supplying key minerals and rare earth elements (REE).
YTD Price Performance: -12.87%
Average Trading Volume: 1,290
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €4.65M
See more insights into 5IP stock on TipRanks’ Stock Analysis page.