By: NewMediaWire
October 2, 2026
Greenland Mines (GRML) Management Outlines Pipeline, Path From Exploration to Production
- Company president notes access to NA capital and finance experts, key management team and deep operational, logistical and technical expertise.
- The company’s first project is Skaergaard, a deposit dominated by palladium and gold.
- Greenland Mines’ second project, Sarfartoq, targets neodymium and praseodymium, two rare earth elements used in powerful magnets.
LOS ANGELES, CA - October 2, 2026 (NEWMEDIAWIRE) - China mines more than two-thirds of the world’s rare earth elements and processes up to 90% of them. That concentration concerns Western governments and manufacturers alike. Export controls from Beijing have already pushed up prices and disrupted supply chains for the magnets used in cars, wind turbines and defense systems. Analysts project a 36% global shortfall in neodymium and praseodymium supply by 2030, even accounting for new production outside China. Greenland Mines’ (NASDAQ: GRML) wants to be part of the answer. In a newly released podcast, Greenland Mines president Dr. Bo Moller Stensgaard laid out how Greenland Mines plans to develop two large mineral deposits outside China’s reach.
During the IBN MiningNewsWire podcast, Stensgaard spoke about the company’s strategy, leadership team and project pipeline, describing Greenland Mines as built specifically around its Greenland assets. “We have access to North American capital and finance market experts, and we have a management team spanning the U.S., Denmark and Greenland, bringing…
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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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