Eurobattery Minerals Publishes 2024 Year-End Report

Eurobattery Minerals AB released its year-end report for 2024, enhancing its path in the battery mineral industry while working on an Environmental Permit Application in Finland. CEO Roberto García Martínez highlighted key advancements, including the submission of the environmental permit application for their Hautalampi project and acquiring full ownership of FinnCobalt Oy, a strategic move for future mining operations. Challenges such as geopolitical uncertainties and high energy prices persist, but the company remains committed to its role in Europe's journey towards mineral self-sufficiency.

In 2024, Eurobattery Minerals submitted an application to recognize Hautalampi as a Strategic Project under the Critical Raw Materials Act. Additionally, a non-binding off-take agreement was established with Boliden AB for Hautalampi copper concentrates. Financials showed an operating loss of SEK 7,999 thousand, with earnings per share improving from SEK -0.97 in Q4 2023 to SEK -0.05 in Q4 2024.