Greenland approves Sarfartoq rare earths license transfer to Greenland Mines - GRML News | RalliesGreenland approves Sarfartoq rare earths license transfer to Greenland Mines
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GRML• License transfer approved for Sarfartoq project
- Greenland Mines secured Greenland government clearance to take over Mineral Exploration License MEL 2020-32 for the Sarfartoq carbonatite complex.
- The license transfer from Neo Performance Materials advances the planned acquisition of the Sarfartoq Nd-Pr rare earths project.
- Regulatory sign-off satisfies a key closing condition, positioning the company to move toward completing the asset purchase.