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Oslo Tingrett Favors State in Seabed Mining Case, Green Minerals Optimistic

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Oslo Tingrett Favors State in Seabed Mining Case, Green Minerals Optimistic

Green Minerals AS ( (DE:5IP) ) just unveiled an announcement.

The Oslo Tingrett has ruled in favor of the Norwegian State in a lawsuit filed by WWF challenging the decision to open the Norwegian continental shelf for mineral activities. Green Minerals AS, which plans to participate in the first licensing round and commence operations by 2026, welcomed the verdict and is preparing impact assessments to ensure sustainable mining practices.

More about Green Minerals AS

Green Minerals AS operates in the mineral extraction industry, focusing on the sustainable and responsible mining of seabed minerals, particularly on the Norwegian continental shelf.

YTD Price Performance: -17.00%

Average Trading Volume: 1,290

Technical Sentiment Consensus Rating: Buy

Current Market Cap: €4.3M

For a thorough assessment of 5IP stock, go to TipRanks’ Stock Analysis page.

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