Green Minerals AS: Fourth-Quarter Results 2022

Asker, Norway – 17 February 2023 – Green Minerals AS (“the Company”) announced today results for the fourth quarter of 2022 which ended 31 December 2022.

Q4 HIGHLIGHTS:

  • Revenue of NOK 0.3 million (nil prior year quarter)
  • EBITDA of NOK -4.0 million (NOK -4.5 million prior year quarter)
  • Started up the work on a Concept study for “Harsh Environment Deep Sea Mining System” through the consortium led by OSI.
  • Signed a frame agreement with an international battery manufacturer.
  • The public consultation on the Environmental Impact Assessment was closed on 27 January 2023
  • NPD published its Resource Report for the Norwegian EEZ on 27 January 2023
  • Norwegian authority’s opening process is still on track and time
  • Signed a MoU for a large polymetallic nodule license in the primary area of the CCZ
  • Longer term market outlook for key battery metals remains robust

Please find the full report and a presentation attached.

AUDIOCAST INFORMATION:

Date: 17 February 2023

Time: 10:30 CEST

There will be a Q&A session at the end of the presentation, and written questions can be submitted through the audiocast solution. To join the live audiocast, follow the link below. Please note that a recorded version will be available shortly after the presentation.

https://forms.office.com/e/xy1xdbMQPk

Attachments

Previous Article

EMINENT Project Kick-off: Towards Sustainable Decarbonisation

Next Article

The Metals Company and Low Carbon Royalties Form Strategic Partnership

Write a Comment

Leave a Comment

Your email address will not be published. Required fields are marked *

Subscribe to our newsletter