Greenland Mines' Sarfartoq Project To Supply Approximately 34% Of NdPr Oxide Refined Outside China Annually As Neo Performance Materials Becomes Strategic Shareholder With Up To 60% Offtake Rights
Maiden S-K 1300 economic study represents only the ST1 Nd-Pr rare earth deposit within the Sarfartoq REE carbonatite districtAt 2025 consumption levels, the NdPr oxide Sarfartoq is expected to produce annually from ST1
A company called Greenland Mines found a big pile of rare earth materials (stuff needed for phones and cars) and a partner company agreed to buy most of it. This is good news because it shows the mine is real and people want what it will make.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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