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7 stories mentioning ASX:ETMUpdated 14d ago

Every FINWIRES story that references ASX:ETM, newest first.

Asia

Energy Transition Minerals Completes Penouta Mine Acquisition in Spain

Energy Transition Minerals (ASX:ETM) has completed the acquisition of the Penouta Tin-Tantalum-Niobium mine in north-west Spain, according to a Tuesday Australian bourse filing.The company's subsidiary, ETM Spain, is now progressing its application for the grant of a new exploitation concession for Section C, which will provide the regulatory pathway to recommence mining operations at Penouta.As part of the permitting process, ETM Spain will progressively submit additional supporting documentation, including detailed environmental, social, and rehabilitation impact assessments. Final technical studies are expected to be completed in the first half of 2027.

ASX:ETM
Asia

Energy Transition Minerals Receives Spanish Regional Government Approval for Transfer of Penouta Mine Licenses

Energy Transition Minerals (ASX:ETM) said it has received approval from the Regional Government of Galicia in Spain for the transfer of existing mining licenses for the Penouta tin-tantalum-niobium mine to its unit ETM Spain, satisfying a key condition precedent to completion of the acquisition, according to a Wednesday Australian bourse filing.The company said ETM Spain will now work with the liquidator of Strategic Minerals Spain to execute the transfer deed and complete the acquisition, with settlement of the total purchase price of about 5.2 million euros expected shortly.The company's shares rose past 2% in recent Wednesday trade.

ASX:ETM
Asia

Energy Transition Minerals Says Greenlandic Government Declines Subsidiary's Request to Extend Exploration License; Shares Hit 1.5-Year Low

Energy Transition Minerals (ASX:ETM) said the Greenlandic Government declined a request by the company's Greenland Minerals subsidiary to extend exploration license 2010/02, covering the Kvanefjeld project, according to a Monday filing with the Australian bourse.The decision was made after Greenland Minerals was given 48 hours to respond to geological assessments, and its request for a one-week extension was denied, the filing said.The ruling does not affect the company's ongoing legal proceedings regarding the treatment of its interests in Greenland, per the filing.Shares fell 21% in midday trade Monday and earlier reached their lowest since December 2024.

ASX:ETM
Asia

Update: Energy Transition Minerals Finds 10 New Rare Earth Element Mineralized Target Zones at Greenland Exploration License, Shares Up 9%

(Updates to add stock movement in the headline and the last paragraph)Energy Transition Minerals (ASX:ETM) found 10 new rare earth element mineralized target zones across its Kvanefjeld exploration license in Greenland, according to a Friday filing with the Australian bourse.The discovery, made after the analysis of assay results from samples gathered during the 2025 semi-regional exploration program, included a 1.8 kilometer-long rare earth element mineralized trend containing uranium concentrations below Greenland's Uranium Act threshold of 100 parts per million, the filing said.Areas of interest also included mineralized trachyte rocks, which have become more accessible due to a decrease in permanent ice and snow coverage, per the filing.The company's shares rose 9% in recent Friday trade.

ASX:ETM
Asia

Energy Transition Minerals Finds 10 New Rare Earth Element Mineralized Target Zones at Greenland Exploration License

Energy Transition Minerals (ASX:ETM) found 10 new rare earth element mineralized target zones across its Kvanefjeld exploration license in Greenland, according to a Friday filing with the Australian bourse.The discovery, made after the analysis of assay results from samples gathered during the 2025 semi-regional exploration program, included a 1.8 kilometer-long rare earth element mineralized trend containing uranium concentrations below Greenland's Uranium Act threshold of 100 parts per million, the filing said.Areas of interest also included mineralized trachyte rocks, which have become more accessible due to a decrease in permanent ice and snow coverage, per the filing.

ASX:ETM
Asia

Energy Transition Minerals Updates Mineral Resource Estimate for Spain Tin-Tantalum-Niobium Mine; Shares Fall 4%

Energy Transition Minerals (ASX:ETM) updated the mineral resource estimate for the Penouta tin-tantalum-niobium mine and processing facility in Galicia, Spain, according to a Monday Australian bourse filing.The Penouta deposit mineral resource came in at 108 million tonnes at 437 parts per million (ppm) grade of strontium, 80 ppm grade of tantalum pentoxide, and 91 ppm grade of niobium pentoxide.The company's shares fell 4% in recent trading on Monday.

ASX:ETM
Asia

Energy Transition Minerals Terminates Memorandum of Understanding With Le Shan Shenghe Rare Earth; Shares Rise 5%

Energy Transition Minerals (ASX:ETM) said it terminated its non-legally binding memorandum of understanding with Le Shan Shenghe Rare Earth as it focuses on preserving its legal rights in Greenland and pursuing its Penouta project in Spain, according to a Thursday Australian bourse filing.The company and Shenghe remain engaged, and the matter remains unresolved at this time after the cessation of their strategic relationship, per the filing.The company said the ASX will not make a determination in relation to the matter should third party adjudication be required.Energy Transition Minerals' shares rose 5% in recent trading on Thursday.

ASX:ETM

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