Energy Transition Minerals Asks Greenland High Court to Remove Denmark as Party to Lawsuit; Shares Fall 3%

MT Newswires Live
2025/11/17

Energy Transition Minerals (ASX:ETM) wrote to the High Court of Greenland requesting that the Danish government be removed as a party to its ongoing legal action regarding the Kvanefjeld project in Greenland after recent decisions by the Arbitral Tribunal and Copenhagen City Court, according to a Monday Australian bourse filing.

This will allow the company's lawsuit against Greenland's government to proceed directly to the handling of the merits of the claim, the filing added.

The firm alleges that it was unlawfully denied an exploitation license for the project and that the project was unlawfully put on hold.

The Copenhagen court ruled that the Greenlandic authorities shall not be parties to the Danish proceedings brought by the company's Greenland Minerals subsidiary, while the Tribunal referred the claims concerning confirmation of the right to an exploitation license for the project for determination by the courts instead of arbitration, the filing said. The tribunal also decided that the government of Denmark should not be a party to the case.

Energy Transition Minerals' shares fell past 3% in recent trading on Monday.

免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。

热议股票

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10