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European Green Transition reports strong H1 2024 performance; highlights key project developments [Video]

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European Green Transition reports strong H1 2024 performance; highlights key project developments

European Green Transition CEO Aiden Lavelle joined Steve Darling from Proactive to share an update on the company’s robust performance during the first half of 2024. The company’s oversubscribed IPO raised £6.5 million, with its share price increasing by 20-50% at times, reflecting strong investor confidence.

Lavelle highlighted significant progress at the company’s flagship Olserum Rare Earths project, where recent metallurgical testing confirmed the potential for further expansion and monetisation. This development positions the Olserum project as a cornerstone for the company’s future growth.

In addition, Lavelle discussed ongoing efforts to monetise existing projects, underscoring the importance of the Limni copper tailings recycling project in Cyprus. Early sampling results from Limni have been highly encouraging, supporting the project’s potential as a revenue-generating asset. Alongside this, the company’s carbon credit project in Ireland further demonstrates its commitment to sustainable growth and innovative revenue streams.

European Green Transition continues to advance its portfolio of projects, focusing on sustainable initiatives that align with its mission of driving the green transition in Europe.

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