Greenland Resources

Greenland Resources is a Canadian reporting issuer regulated by the Ontario Securities Commission, focused on the development of its flagship project, Malmbjerg. This project is a world-class Climax type pure molybdenum mineral deposit located near tidewater in east central Greenland. Molybdenum is a critical mineral essential for green energy technologies and infrastructure, making it a key component in the European Green Deal. The company aims to supply clean molybdenum to Europe, which currently uses 25% of the global molybdenum supply but has no domestic production. The environmentally friendly processing methods employed at Malmbjerg ensure minimal deleterious elements are released into the water, aligning with sustainable practices. Greenland Resources serves the green energy sector and European markets, leveraging its strategic mineral assets to generate revenue through mining and mineral sales. The business model focuses on extracting and processing molybdenum, which is then sold to industries involved in green energy and infrastructure development. This approach not only supports green initiatives but also has the potential to significantly reduce unemployment in Greenland and generate substantial tax revenues for the region.

Keywords: molybdenum, green energy, European Green Deal, mining, sustainable processing, Greenland, mineral deposit, infrastructure, unemployment reduction, tax generation.