Business
Greenland Resources Signs MOU With Nuna Group of Companies for Construction at Malmbjerg
TORONTO / Jun 07, 2023 / Business Wire / Greenland Resources Inc. (NEO:MOLY, FSE:M0LY) (“Greenland Resources” or the “Company”) is pleased to announce that it s
About this update from Greenland Resources Inc.
[{"type":"text","content":"TORONTO / Jun 07, 2023 / Business Wire / Greenland Resources Inc. (NEO:MOLY, FSE:M0LY) (“Greenland Resources” or the “Company”) is pleased to announce that it signed a Memorandum of Understanding (“MOU”) with Nuna Group of Companies (“Nuna”), for the construction and commissioning of the infrastructure at the Malmbjerg Molybdenum Project (the “Project”). Nuna is a Canadian majority Inuit-owned world class civil construction company that specializes in remote Arctic infrastructure, construction, and logistics. Nuna’s expertise includes mine construction, maintenance and operations, and the construction and oversight of specialty technical services that include maritime structures and docking, fuel farm and storage facilities, electrical reticulation setup, tailings management facility (TMF) operations, and aviation facilities, among others. The Company views Nuna’s successful long track record in developing mine projects in the Canadian Arctic combined with the collaboration of the Nunavut Inuit and the Greenlandic Inuit people, as well as the government of Canada’s views of molybdenum as a critical mineral, as very favourable for the development of the Project. The MOU sets the path for the construction and commissioning of the mining, processing and TMF management infrastructure to tie in all the unit operations associated with mining, Ropecon conveyor transportation, metallurgical processing and shipping the final product to EU end users. About Nuna Nuna is a Canadian majority Inuit owned world class civil construction company that specializes in remote Arctic infrastructure, construction, and logistics. Nuna has gained a strong reputation as a quality heavy civil contractor specializing in Northern Canada Arctic climate earth moving, mining and heavy industrial construction, project port infrastructure and local personnel training. Nuna’s extensive training experience maximizes opportunities for local and Indigenous employment. Nuna’s ownership consists of Kitikmeot Corporation (51%) and North American Construction Group (49%). To learn more, visit https://nunagroup.com. About Greenland Resources Inc. Greenland Resources is a Canadian public company with the Ontario Securities Commission as its principal regulator and is focused on the development of its 100% owned world-class Climax type pure molybdenum deposit located in ce...