Greenland Mines releases $2.05B valuation study for Sarfartoq REE project

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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

August 25, 2026 12:01 AM EDT

Maiden S-K 1300 economic study represents only the ST1 Nd-Pr rare earth deposit within the Sarfartoq REE carbonatite district

At 2025 consumption levels, the NdPr oxide Sarfartoq is expected to produce annually from ST1 alone would represent approximately 34% of all NdPr oxide refined outside China

CHARLOTTE, N.C., Aug. 25, 2026 (GLOBE NEWSWIRE) -- via IBN Greenland Mines Ltd (Nasdaq: GRML) ("Greenland Mines" or the "Company"), a Western-aligned critical minerals developer, today announced that the Company has released an independent Initial Assessment ("IA") on the Sarfartoq Nd-Pr Rare Earth Element Project in southwest... More