BUZZ-Australia's Energy Transition jumps most in 14-1/2 years on Trump's Greenland comments

Reuters

Jan 08, 2025

** Shares of Energy Transition Minerals ETM.AX rise as much as 53.9% to A$0.08, their strongest trading session since September 2010

** The critical minerals explorer hits its highest level since April 19, 2022

** U.S. President-elect Donald Trump refused on Tuesday to rule out using military or economic action to pursue acquisition of Greenland

** Greenland is rich in rare-earths deposits and hosts various resources including uranium

** Energy Transition operates Kvanefjeld project in Greenland, which contains one of the biggest rare-earths deposits in the world

** The project has been under arbitration after Greenland banned uranium mining and ceased development of the project in 2021

(Reporting by John Biju in Bengaluru)

((John.Biju@thomsonreuters.com;))

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19, 2022</p><p>** U.S. President-elect Donald Trump refused on Tuesday to rule out using military or economic action to <span>pursue acquisition</span> of Greenland</p><p>** Greenland is rich in rare-earths deposits and hosts various resources including uranium</p><p>** Energy Transition operates Kvanefjeld project in Greenland, which contains one of the biggest rare-earths deposits in the world</p><p>** The project has been under <span>arbitration</span> after Greenland <span>banned</span> uranium mining and ceased development of the project in 2021</p><p> (Reporting by John Biju in Bengaluru)</p><p> 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53.9% to A$0.08, their strongest trading session since September 2010** The critical minerals explorer hits its highest level since April 19, 2022** U.S. President-elect Donald Trump refused on Tuesday to rule out using military or economic action to pursue acquisition of Greenland** Greenland is rich in rare-earths deposits and hosts various resources including uranium** Energy Transition operates Kvanefjeld project in Greenland, which contains one of the biggest rare-earths deposits in the world** The project has been under arbitration after Greenland banned uranium mining and ceased development of the project in 2021  ","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","ETM.AU":"ENERGY TRANSITION MINERALS LTD"},"translate_title":"BUZZ-特朗普的格陵兰岛言论导致澳大利亚能源转型14年半来最大增幅","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ETM.AU":0.9},"content_text":"BUZZ-Australia's Energy Transition jumps most in 14-1/2 years on Trump's Greenland comments ** Shares of Energy Transition Minerals ETM.AX rise as much as 53.9% to A$0.08, their strongest trading session since September 2010** The critical minerals explorer hits its highest level since April 19, 2022** U.S. President-elect Donald Trump refused on Tuesday to rule out using military or economic action to pursue acquisition of Greenland** Greenland is rich in rare-earths deposits and hosts various resources including uranium** Energy Transition operates Kvanefjeld project in Greenland, which contains one of the biggest rare-earths deposits in the world** The project has been under arbitration after Greenland banned uranium mining and ceased development of the project in 2021 (Reporting by John Biju in Bengaluru) 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