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ETM Completes Penouta Acquisition and Advances Resource Development

1:40pm on Thursday 30th of July, 2026 AEST Mining
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ETM Completes Penouta Acquisition and Advances Resource Development

1:40pm on Thursday 30th of July, 2026 AEST
Key Points
  • Penouta mine acquisition completed and resource updated
  • Non-binding offtake MOU signed with Traxys for Penouta concentrates
  • Kvanefjeld exploration licence extension denied by Greenland government
  • New low-uranium rare earth zones discovered at Kvanefjeld
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