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Greenland Resources Partners with EKN for Molybdenum Supply - TipRanks.com

Oct 15, 2024

Greenland Resources Inc. (TSE:MOLY) has released an update.

Greenland Resources Inc. receives a letter of intent from Sweden’s EKN for a credit guarantee to import molybdenum from Greenland, aligning with EU sustainability goals. This positions the company as a key supplier for the EU’s green steel industry, especially in Scandinavia. The Malmbjerg project promises significant production with low environmental impact.

For further insights into TSE:MOLY stock, check out TipRanks’ Stock Analysis page.