Greenland Mines Expands Sarfartoq Project By 262 km², More Than Doubling District Footprint To ~454 km²

Greenland Mines Ltd has expanded its Sarfartoq Project by acquiring an additional 262 km², increasing its total area to approximately 454 km². This expansion aims to enhance the development of the ST1 deposit, which has a high-case net present value (NPV) of $2.05 billion. The move follows a recent U.S.-Denmark-Greenland Security Agreement, underscoring Greenland's strategic significance in the rare earths sector.