Greenland Mines acquires Sarfartoq Rare Earths Project in Greenland

Summary

Greenland Mines Ltd has signed an agreement to acquire the Sarfartoq Rare Earths Project in Greenland, enhancing its portfolio of critical minerals. The project contains approximately 27 million kg of neodymium oxide and 8 million kg of praseodymium oxide. Neo Performance Materials will become a strategic shareholder and secure offtake rights for up to 60% of future production.

Recent Coverage

• Why a $35 Million Greenland Rare Earth Deal Just Put One Small-Cap on Every Investor's Radar

  PR Newswire • May 21

• Greenland Mines Signs Definitive Agreement to Acquire the Sarfartoq Neodymium-Praseodymium Rare Earths Project in Greenland

  PR Newswire • May 21