Greenland Mines Ltd has completed the acquisition of the Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland from Neo North Star Resources. The project features a significant resource base and high-grade magnet rare earths, with a planned annual production that could represent 34% of non-Chinese NdPr oxide refining.
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.
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.
Greenland Mines (GRML) has released its first S-K 1300 Technical Report Summary for the Sarfartoq Nd-Pr Rare Earths Project in southwest Greenland. This milestone includes the project's first Indicated Mineral Resource estimate.
