Key points
- Underlying EBITDA was NOK -2.0 million, compared with NOK -2.3 million in the prior-year quarter.
- Norway’s parliament will vote on opening the Norwegian EEZ for marine minerals activities on 9 January 2024.
- ISA set a new target date of 2025 for finalizing the Mining Code for international waters.
- A mineral processing study at GTK in Finland is progressing with encouraging results.
Oslo, Norway – 03 November 2023 – Green Minerals AS (“the Company”) announced today results for the third quarter of 2023 which ended 30 September 2023.
Q3 HIGHLIGHTS:
- Underlying EBITDA of NOK -2.0 million (NOK -2.3 million prior year quarter)
- The date for the parliamentary decision on opening the Norwegian EEZ for marine minerals activities is set to January 9th, 2024.
- ISA moving forward with the Mining Code for international waters, new target date in 2025.
- Mineral processing study at GTK (Finland) is progressing with encouraging results.
Please find the report and presentation attached.
AUDIOCAST INFORMATION:
Date: 03 November 2023
Time: 10:00 CEST
Link: https://1msteams.link/AGSD
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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