Greenland Resources Inc. has signed a memorandum of understanding with Dillinger for a long-term supply of molybdenum from its Malmbjerg project in Greenland. The agreement aims to provide ferro-molybdenum, molybdenum-oxide, and briquettes, supporting the EU's demand for molybdenum, particularly for defense applications. The project is expected to produce 32.8 million pounds of contained molybdenum annually, meeting a significant portion of EU consumption and defense needs.
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