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Eurobattery Minerals Releases 2024 Annual Report Highlighting Key Developments

On June 26, 2025, Eurobattery Minerals AB published its Annual Report for 2024. The report includes an auditor's remark on a significant uncertainty about the company's going concern status. The company acknowledges this, citing its reliance on external capital and efforts to secure additional financing through strategic partnerships and agreements.

Key milestones in 2024 for the Finnish Hautalampi project include acquiring full ownership and securing a 10-year offtake agreement with Boliden AB. Progress was made in the environmental permit application, and a collaboration with Okun Energia Oy aims to achieve carbon-zero mineral production through local solar power.

For the Spanish Corcel Project, while awaiting approval, the company remains focused on aligning with EU goals for sustainable mineral supply. This underlines Eurobattery's ambition to become a key player in Europe's mining sector amid increasing demand for responsibly sourced raw materials.

R. H.

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