80 Mile PLC, a listed exploration and development company, provided updates on Greenswitch Srl, a subsidiary of Hydrogen Valley Ltd, in which 80 Mile has a stake, and announced an increased interest in Hydrogen Valley to 49%. Greenswitch signed an MOU with Tecnoparco in Italy to supply up to 40,000 tonnes per year of biofuel, aiming to replace palm oil imports and enhance sustainability. Tecnoparco, a multi-utility company in Basilicata, will benefit from shorter supply chains and reduced shipping costs through this agreement. 80 Mile's Managing Director expressed enthusiasm for potential future agreements in the biofuel sector. Additionally, 80 Mile's increased stake in Hydrogen Valley aligns with its expansion in sustainable energy markets. By renegotiating acquisition terms, the company saved significant funds and reduced shareholder dilution. 80 Mile focuses on high-grade critical metals and renewable energy, with projects in Greenland and a growing presence in Italy's renewable energy sector. The company's strategy emphasizes advancing key projects, value creation through partnerships, and sustainable energy solutions.