Business
Greenland Resources Reports Positive Meeting With the Ministry of Mineral Resources
TORONTO / Nov 24, 2021 / Business Wire / Greenland Resources Inc. (NEO:MOLY, FSE:2LF) (“Greenland Resources” or the “Company”) is pleased to announce that a mee
About this update from Greenland Resources Inc.
[{"type":"text","content":"TORONTO / Nov 24, 2021 / Business Wire / Greenland Resources Inc. (NEO:MOLY, FSE:2LF) (“Greenland Resources” or the “Company”) is pleased to announce that a meeting took place in Nuuk, Greenland on November 17, 2021 between Dr. Ruben Shiffman, Chairman of Greenland Resources, Mr. Jørgen Hammenken-Holm, Deputy Minister for the Ministry of Mineral Resources and Ms. Naaja Nathanielsen, the Minister for Housing, Infrastructure, Minerals, Justice, and Gender Equality in Greenland. During the meeting, the Company provided an update on the Malmbjerg molybdenum project. Ms. Nathanielsen reaffirmed the government support and importance of the Malmbjerg molybdenum project in East Greenland development, as well as the commitment to continue with the pro mining Mineral Strategy 2020-2024 approved by the Government of Greenland. Dr. Shiffman explained management’s successful track record on previous mining projects, with an emphasis on stakeholder social responsibility, and discussed the next steps in advancing the Malmbjerg molybdenum project to production. Minister for Housing, Infrastructure, Minerals, Justice and Gender Equality, Naaja H. Nathanielsen commented: “The development of a strong environmentally and socially responsible mining industry, will enhance the diversification of Greenland’s economy for the benefit of all the people of Greenland. The Malmbjerg molybdenum project located in East Greenland has the potential to make a positive economic and social contribution to Greenland as well as to the European Green Deal and the European Raw Material Alliance”. Dr. Shiffman, Chairman of Greenland Resources said: ”We thank the Minister and her team for the ongoing support. It has been a very positive experience to work with such a talented team. As an Associate Member of the European Union, and part of the European Raw Material Alliance network through their Ministry of Mineral Resources, Greenland has the enviable advantage of being able to supply critical minerals to the European Green Deal from a long-term responsible source. The world class Malmbjerg molybdenum project will be a big part of Greenland and will anchor east coast development. Molybdenum is a critical element in all green energy technologies; the European Union is the second largest molybdenum user in the world but has no production.” Qualified Person Statement Mr. J...