Greenland Resources announces positive feasibility study for Malmbjerg Molybdenum project
2022-02-25 13:42:13 [Print]
Canada-based Greenland Resources Inc
The Feasibility Study presents a very compelling economic case for the development of the Malmbjerg Molybdenum Project.
Malmbjerg can be the industrial anchor for east coast development in Greenland, which is the nearest point to the EU. The Project can supply 25% of EU molybdenum demand with a very clean product from a responsible EU associate member . The EU is the second largest molybdenum consumer in the world and has no domestic production of its own.
. recently announced the results of the NI 43-101 Definitive Feasibility Study for its 100% owned Malmbjerg Molybdenum project located in east central Greenland.The Feasibility Study presents a very compelling economic case for the development of the Malmbjerg Molybdenum Project.
Malmbjerg can be the industrial anchor for east coast development in Greenland, which is the nearest point to the EU. The Project can supply 25% of EU molybdenum demand with a very clean product from a responsible EU associate member . The EU is the second largest molybdenum consumer in the world and has no domestic production of its own.