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Energy Transition Minerals (ASX: $ETM) acquires lithium projects in Quebec

Energy Transition Minerals Ltd Quarterly Activity Report


Energy Transition Minerals Ltd (ASX: $ETM) has released its quarterly activity report, highlighting key developments including the acquisition of lithium projects in Quebec's James Bay district, an update on legal proceedings against the Governments of Greenland and Denmark, field work campaign at Villasrubias lithium project in Spain, participation in the 'Critical Raw Materials' week conference in Brussels, and implementation of corporate and administrative cost savings.

Executive Commentary on Recent Developments


The Company is pleased to announce the acquisition of the Solo and Good Setting lithium projects in Quebec's James Bay district, which aligns with our strategy to expand our portfolio in the critical metals complex. We are optimistic about the potential for additional discoveries of lithium mineralization in this region, supported by extensive hydropower capacity and access to specialized labor. Additionally, we are actively engaged in the ongoing arbitration with the Governments of Greenland and Denmark, and we remain committed to the Kvanefjeld rare earths project. Our participation in the 'Critical Raw Materials' week conference in Brussels provided valuable opportunities for engagement and collaboration, and we are focused on optimizing our operational footprint to ensure a strong balance sheet and sustainable business operations.

Summary of Quarterly Activity Report and Outlook


Energy Transition Minerals Ltd's acquisition of lithium projects in Quebec's James Bay district demonstrates its commitment to expanding its exploration portfolio in the critical metals complex. The Company's focus on identifying and determining project areas with high potential for lithium mineralization, coupled with ongoing legal proceedings and field work campaigns, reflects its dedication to advancing its global mineral projects. The Company's participation in industry conferences and implementation of cost-saving measures further underpin its strategic approach to sustainable growth. Looking ahead, Energy Transition Minerals Ltd aims to continue its exploration and development efforts, leveraging its strong balance sheet and operational optimization initiatives to support its business objectives and contribute to the decarbonization of the world.

Sourcehttps://announcements.asx.com.au/asxpdf/20240131/pdf/05zy8gthwm6w7c.pdf

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