Greenland Mines forms strategic advisory board to advance Sarfartoq rare earth, Skaergaard metals projects
GRML•Offtake rights for future production
Neo Performance Materials retains offtake rights for up to 60% of future Sarfartoq ore or mineral concentrate output.
Sarfartoq assessment and resource details
The Sarfartoq Initial Assessment outlined a high-case pre-tax NPV (8% real) of about USD 2.05 billion and a pre-tax IRR of 118.6%.
The 2026 S-K 1300 Sarfartoq resource totals 12.2 million tons, including 6.9 million tons Indicated at 1.6% TREO.
Strategic advisory board formed to support project development
Greenland Mines formed a Strategic Advisory Board to accelerate development of Sarfartoq rare earths and Skaergaard palladium-platinum-gold.
Initial appointees are Constantine E. Karayannopoulos, Thomas Abraham-James and Bent Olsvig Jensen. The board is expected to guide studies, permitting and partnerships.
