on Eurobattery Minerals AB
Eurobattery Minerals Targets 2027 Tungsten Production in Spain
Eurobattery Minerals AB has received a Buy recommendation from Mangold Fondkommission, with a 12-month target price set at SEK 0.45 per share. This suggests a potential upside of over 130% from current levels. The report covers two key projects: the San Juan tungsten project in Spain and the Hautalampi nickel-copper-cobalt project in Finland.
The San Juan project stands out due to high-grade mineral resources and all necessary permits secured for production to start in Q1 2027. A significant loan facility of SEK 60M is in place, and a letter of intent has been signed for concentrate sales. The project is also under consideration for Strategic Project status under the EU Critical Raw Materials Act.
As Eurobattery pursues increased capital market visibility, the report provides a comprehensive view of the company's operations and future potential.
R. H.
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