Critical Metals Corp. has received Greenland government approval for the mining and closure plans at its Tanbreez rare earths project. The project, which has an estimated NPV of $2.1 billion, is a significant heavy rare earth deposit targeting production in late 2028 or early 2029.
Eclipse Metals reported encouraging mineralogical results from ALS Metallurgy on four composite samples from the Ivigtût project in Greenland. The analysis shows that NdPr is predominantly hosted in specific mineral groups (87.5% to 94.3%), establishing a basis for future flotation and reagent-optimisation testing.
Greenland Mines has completed the acquisition of the Sarfartoq Nd-Pr rare earths project and reported a significant resource upgrade at the Skaergaard palladium-gold-platinum project. The company also secured a strategic offtake agreement with Neo Performance Materials and is advancing its 'North Atlantic Critical Metals Corridor' strategy.
Greenland Mines has received an exploration license for its Sarfartoq rare earths project, satisfying a key condition for its $35 million acquisition from Neo Performance Materials. The project contains significant indicated and inferred rare earth resources, with the company planning an updated resource estimate this summer.
Greenland Mines has released a landmark S-K 1300 Mineral Resource Estimate for the Sarfartoq project, marking the first time the project has achieved an Indicated resource category. The estimate includes a new 'Hybrid' scenario combining open pit and underground mining, totaling 12.2 million tonnes at 1.32% TREO.
