By: NewMediaWire
September 23, 2026
Greenland Mines (GRML) Applauds Signing of U.S.-Denmark-Greenland Security Agreement
LOS ANGELES, CA - September 23, 2026 (NEWMEDIAWIRE) - Greenland Mines (NASDAQ: GRML) applauded the formal signing at the United Nations General Assembly of a new security agreement among the United States, the Kingdom of Denmark and Greenland. The company said the agreement formalizes the framework announced Friday and marks a milestone in strengthening long-term Arctic and North Atlantic security while underscoring Greenland growing strategic importance to the United States and Western alliance.
Greenland Mines said its Sarfartoq and Skaergaard projects are positioned to support critical-minerals supply for the United States, Europe and other Western allies. Sarfartoq Initial Assessment includes a high-case pretax net present value of approximately $2.05 billion and planned annual neodymium-praseodymium (“NdPr”) oxide production equal to approximately 34% of all NdPr oxide currently refined outside China at 2025 consumption levels, while Skaergaard is a large-scale palladium-platinum-gold and vanadium-bearing mineral system.
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About Greenland Mines Ltd
Greenland Mines Ltd is a Nasdaq-listed resource development and mining company focused on the development of the Skaergaard Project in southeast Greenland and the Sarfartoq neodymium-praseodymium rare earths project in southwest Greenland. The Company’s strategy is centered on building a multi-asset platform with exposure to rare earth magnet materials, precious metals and select midstream processing opportunities, while advancing its assets and broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.
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Forward Looking Statements
Certain statements in this article are forward-looking, as defined in the Private Securities Litigation Reform Act of 1995. These statements involve risks, uncertainties, and other factors that may cause actual results to differ materially from the information expressed or implied by these forward-looking statements and may not be indicative of future results. These forward-looking statements are subject to a number of risks and uncertainties, including, among others, various factors beyond management's control, including the risks set forth under the heading "Risk Factors" discussed under the caption "Item 1A. Risk Factors" in Part I of the Company's most recent Annual Report on Form 10-K or any updates discussed under the caption "Item 1A. Risk Factors" in Part II of the Company's Quarterly Reports on Form 10-Q and in the Company's other filings with the SEC. Undue reliance should not be placed on the forward-looking statements in this article in making an investment decision, which are based on information available to us on the date hereof. All parties undertake no duty to update this information unless required by law
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