Greenland Mines hails EU strategic project status for Neo’s Silmet 2.0 rare earths expansion
GRML•Greenland Mines welcomed the EU’s designation of Neo’s Silmet 2.0 rare earth separation upgrade in Estonia as a CRMA Strategic Project. Neo holds offtake rights for up to 60% of future Sarfartoq ore or mineral concentrate.
1. EU strategic designation
Greenland Mines backed the EU’s selection of Neo’s Silmet 2.0 rare earth separation upgrade in Estonia as a CRMA Strategic Project. The EU announcement covered 46 projects across 16 member states, aimed at diversifying critical raw material supply.
2. Sarfartoq supply link
Neo holds offtake rights for up to 60% of future Sarfartoq ore or mineral concentrate. Greenland Mines described Sarfartoq and Silmet as a potential Greenland-to-Europe supply chain, and said it continues development work across technical, environmental, regulatory and commercial milestones.
