Green Minerals AS announced that the company has entered a framework agreement with a global battery manufacturer (the Client). The agreement involves geological and engineering support related to topics within key battery metals. The framework agreement commences in fourth quarter 2022 and will initially last through second quarter 2023.

As part of the agreement, the company will recognize its first revenue in fourth quarter 2022. This represents a deviation from the original guidance given at the time of listing on Euronext Growth, where the first revenue was expected to be recognized in 2026. Revenue under the agreement is expected to be small.