on Eurobattery Minerals AB
Eurobattery Minerals Extends Letter of Intent for Tungsten Project
Stockholm, 7 August 2024 - On 7 May 2024, Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”) signed a non-binding letter of intent (LOI) to invest in a majority stake in the Spanish company Tungsten San Juan SL (TSJ). The company has now announced that both parties have mutually agreed to extend the term and exclusivity of the LOI until further notice. All other terms and conditions of the LOI remain unchanged.
Eurobattery Minerals aims to make Europe self-sufficient in responsibly mined battery minerals by focusing on several nickel-cobalt-copper projects. These efforts are key to supplying critical raw materials and promoting a cleaner world.
R. H.
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