Eurasia Mining- Initiation of Coverage

Eurasia Mining joined AIM in 1999 as a Russia-focused metals and mining company. Initially in a JV with Anglo Platinum, the company undertook extensive exploration (gold, gold-copper & PGMs) in the Urals and the Kola Peninsula, which led to the West Kytlim and Monchetundra discoveries that Eurasia went on to acquire. The company has successfully advanced battery metals and hydrogen metal mines into production in the Russian Arctic. Eurasia received approaches in 2020 and brought in UBS to manage the sales process, which was derailed by the Ukraine conflict.