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
