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Greenvale Mining: Updates Queensland assets development roadmap

Greenvale Mining Updates Queensland assets development roadmap

  • Greenvale Mining (GRV) updates its “dual-lane” development program for its Alpha Torbanite project and its geothermal assets in Queensland
  • The company says it investigated several renewable energy solutions for offsetting at Alpha and decided geothermal power was the best option
  • Greenvale plans to kick off a geothermal exploration drilling program in Queensland’s Millungera Basin next year
  • Under the new roadmap, Greenvale says it is targeting a commissioning date for the Alpha project of late 2025 or early 2026
  • Shares in Greenvale are down 10.75 per cent and trading at 8.3 cents at 1:39 pm AEST
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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