Key points
- Q1 2023 underlying EBITDA was NOK -2.4 million, compared with NOK -2.2 million in the prior-year quarter.
- The company signed a memorandum of understanding for a large polymetallic nodule licence in the Clarion-Clipperton Zone.
- Green Minerals initiated a study on blending onshore ore with SMS ore.
- A concept study for a Harsh Environment Production System is progressing.
Oslo, Norway – 25 May 2023 – Green Minerals AS (“the Company”) announced today results for the first quarter of 2023 which ended 31 March 2023.
Q1 HIGHLIGHTS:
- Underlying EBITDA of NOK -2.4 million (NOK -2.2 million prior year quarter)
- Signed a MoU for a large polymetallic nodule license in the CCZ
- Norway moves towards opening of the NCS
- Study for blending onshore ore with SMS ore initiated
- Concept study for Harsh Environment Production System is progressing
- Longer term market outlook for key battery metals remains strong
Please find the presentation attached.
AUDIOCAST INFORMATION:
Date: 25 May 2023
Time: 10:00 CEST
Link: https://msteams.link/SQDI
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 above. Please note that a recorded version will be available shortly after the presentation.
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