GI

Greenland Resources Inc

MOLY.NE
NEMaterials
$1.49
USD
-0.04(-2.61%)
At close: May 20, 00:00 UTC
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Market Cap

$256.86M

EPS

-0.06

About

Greenland Resources, Inc. engages in the acquisition, exploration, and development of mineral projects. The company is headquartered in Toronto, Ontario and currently employs 0 full-time employees. The company went IPO on 2025-12-05. The Malmbjerg Molybdenum Project is an open-pit pure molybdenum project located within Greenland Resources with mineral exploration license MEL 2018/11 in east central Greenland, 30 kilometers from the coast, 600 kilometers north-west (NW) of Iceland and 20 kilometers from Mestersvig airport. The Project is located in the Schuchert River catchment valley and also has magnesium as a byproduct. The Malmbjerg Molybdenum Project is an open-pit operation with an environmentally friendly mine design focused on reduced water usage, low aquatic disturbance and low footprint due to modularized infrastructure. The Proven and Probable Reserves are 245 million tons at 0.176% MoS2, for 571 million pounds containing molybdenum metal.

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