FilingReader Intelligence
Green Minerals cuts losses 66% amid deep-sea mining progress
August 7, 2025 at 02:05 PM UTC•By FilingReader AI
Green Minerals AS reported losses of NOK 1,912 in Q2 2025, down 66% from NOK 5,653 a year earlier. The company cut its quarterly cash burn rate by approximately 80% from 2024 levels.
A US Executive Order now supports deep-sea mining, while Norwegian licensing awards are expected in Q2 2026. Green Minerals also adopted a Bitcoin treasury strategy with an initial purchase of $105,994.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
Primary Source Document
OSL:GEM•Oslo Stock Exchange
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