Rare Earth Mining News in Southwest Greenland

Greenland Mines Ltd
Greenland Mines Ltd
GRML
southwest Greenland

Greenland Mines Completes Acquisition of World-Class Rare Earth Nd-Pr Magnet and Defense Mine Asset Following Greenland Government Approval

Greenland Mines has completed the acquisition of the Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland. The project features a significant resource base and compelling economics, with planned production potentially representing 34% of NdPr oxide refined outside China.

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Greenland Mines Ltd
Greenland Mines Ltd
GRML
southwest Greenland

Greenland Mines Sarfartoq Nd-Pr Rare Earth Project Valued Up to US$2.05 Billion With Pre-Tax IRR of 118.6% and Significant Additional Upside Potential

Greenland Mines has released an Initial Assessment for the Sarfartoq Nd-Pr project in Greenland, valuing it at up to US$2.05 billion pre-tax with an IRR of 118.6%. The study includes a maiden hybrid open-pit and underground mineral resource estimate and confirms successful flotation metallurgy.

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