GreenlandMinesExtraordinary geology.
Distinctly Greenland.
Developing Greenland’s rare earths and precious metals for the industries that depend on them.
Explore Greenland MinesGreenland Mines is building on decades of geological work to advance rare earths and precious metals for modern industry.
The portfolio centers on magnet rare earths at Sarfartoq and palladium, gold, and platinum at Skaergaard. A strategic investment in AnorTech adds exposure to anorthosite and materials development.
The next phase builds on that foundation: refining resource models, testing processing routes, and advancing the engineering and environmental studies needed for development.
Explore the companyTwo mineral projects.
One Greenland focus.
Between Europe and North America, Greenland holds resources relevant to both markets. Greenland Mines’ North Atlantic Critical Metals Corridor vision brings those resources into a wider development strategy: linking Greenlandic projects with allied processing expertise, infrastructure, technology, and capital.
Resilient supply depends on investment across the chain. From mineral resources to processing and industrial production.
A broader base of mineral supply can reduce reliance on a single producing country. That material must then reach capable refiners and manufacturers.
Source: IEA, 2024. Mining and refining: magnet rare earths (Nd, Pr, Dy, Tb). Manufacturing: sintered permanent magnets. Each percentage measures a separate stage.
The United States, Greenland, and Denmark signed a security agreement on September 22, 2026, reinforcing cooperation in the Arctic and North Atlantic. For Greenland Mines, closer transatlantic cooperation strengthens the strategic rationale for developing mineral supply among trusted partners.
Rare earths must be separated into individual elements before they can enter magnet production. Neo Performance Materials operates that separation capacity at Silmet in Estonia. Its Silmet 2.0 development plan prepares the facility for new sources of raw material and received EU Strategic Project status on October 9, 2026.
Neo is also a Greenland Mines shareholder and holds rights to purchase up to 60% of future Sarfartoq ore or mineral concentrate. That existing relationship creates a potential route from Greenlandic resources to European processing, subject to development, qualification, and definitive agreements.
Greenland’s mineral potential sits between two major industrial markets. The North Atlantic Critical Metals Corridor is Greenland Mines’ strategy for developing that opportunity with trusted partners across Europe and North America, while creating lasting value in Greenland.
Sarfartoq provides the magnet rare-earth resource base; Skaergaard adds palladium, platinum, and gold. Technical programs are focused on resource evaluation, metal recovery, and the studies needed to advance development.
Neo’s shareholding and retained Sarfartoq offtake rights provide an existing commercial relationship with a European processor. The next work is to establish how future project material can meet processing requirements and agree definitive supply terms.
Industrial customers need material that meets defined specifications and can be delivered reliably. Product qualification, logistics, and customer agreements are essential to turning a mineral resource into a commercial supply route.
Development strategy: subject to technical results, approvals, financing, and commercial agreements. Neither project has a production decision; EU Strategic Project status applies to Silmet 2.0.
Read the October 12, 2026 announcementSupply figures: International Energy Agency, Rare Earth Elements, executive summary. Agreement: Danish Prime Minister’s Office, September 22, 2026. The agreement was signed; the government announcement states that entry into force is subject to national parliamentary procedures. EU designation: Commission Decision annex, October 9, 2026, item 35. Company strategy and Neo relationship: Greenland Mines, October 12, 2026. Strategic context does not constitute a government award, mineral license, or customer contract for Greenland Mines. Future supply depends on technical results, approvals, financing, product qualification, and definitive commercial arrangements, including offtake.
Electric motors that drive vehicles. Catalysts that reduce harmful exhaust emissions. Gold-plated contacts that protect electrical connections from corrosion. Look inside familiar technologies to see the materials at work.
Press the accelerator in an electric vehicle. Its motor turns electrical energy into movement. In permanent-magnet designs, neodymium and praseodymium help provide the magnetic strength that makes a compact motor possible.
Sarfartoq’s rare-earth resource is the starting point. Resource upgrading and processing studies are the next steps toward evaluating a future place in the magnet supply chain.
Interpretive 3D cutaways, not manufacturer designs or to scale. Examples describe material applications, not Greenland Mines products or customer relationships. Not all electric motors use rare-earth magnets; catalyst formulations and connector specifications vary.
The importance of a material is measured in what it enables. For rare-earth magnets, that extends from industrial motion to demanding aerospace and defense applications.
An actuator converts a control signal into physical movement. Compact permanent-magnet motors can perform that work inside industrial and aerospace systems—where controlled movement matters as much as power.
U.S. Air Force footage of an F-15E in flight. Application context; the specific component chemistry is not asserted.
Greenland already has an established role in Arctic security. Pituffik Space Base supports missile warning, missile defense, and space surveillance.
The September 2026 security agreement reinforces cooperation across the Arctic and North Atlantic. Alongside that security role, Greenland’s mineral resources offer a basis for more diverse industrial supply. Greenland Mines’ North Atlantic Critical Metals Corridor strategy is focused on the practical connection: resource development, allied processing capacity, and industrial markets.
Geographic and material-application context only. No Greenland Mines supply relationship with Pituffik or defense manufacturers is implied. The mineral projects require further development; downstream products require their own qualification.
Magnet rare earths at Sarfartoq.
Precious metals at Skaergaard.
Advancing Greenland mineral assets through resource evaluation, technical studies, and a strategy for allied industrial supply chains.
Southwest GreenlandAn electric vehicle accelerating. A wind turbine generating power. Both can rely on magnets made with neodymium and praseodymium. Sarfartoq brings that material story back to Greenland: a defined rare-earth resource, with Neo retaining rights to future offtake.
5.341 Mt Inferred · 0.96% TREO
Southeast GreenlandPalladium and platinum help catalysts reduce harmful vehicle emissions. Gold protects electrical contacts against corrosion. Skaergaard hosts all three within a layered intrusion studied over decades. The completed 2026 drilling program adds new evidence for resource evaluation and processing studies.
17.49 Moz PdEq Inferred · reported separately
Resources are not reserves and do not have demonstrated economic viability. Indicated and Inferred categories are reported separately. Effective dates: Sarfartoq, July 31, 2026; Skaergaard, July 3, 2026. Technical reports
Anorthosite is the starting point. AnorTech is investigating what it can become: alumina, advanced cements, and materials for extreme environments.
Explore the investmentGreenland Mines’ projects carry a record of geological research, exploration, and technical studies. That accumulated knowledge gives the next phase of development a defined starting point.
Scientific expeditions, mapping, and successive drilling campaigns underpin the project’s resource evaluation.
Early expeditions established a long-running geological research record.
Successive owners added drilling, assays, mapping, and metallurgical studies.
A further 4,480 meters in 17 holes and over 100 metric tons of bulk material were reported after the July resource estimate.
The foundation for what followsThe existing evidence informs resource modeling and the next phase of processing studies.
Historical studies are part of the technical record, not current economic conclusions. Resources are not reserves. Further technical work, approvals, and financing are required.
Read the technical report SLR · July 2026 · Sections 5 and 7; October field updateTwo coasts. Two mineral systems.
Explore the geology, company interest, and next technical step behind each project.
Project reference points · Not license boundariesAn electric vehicle accelerating. A wind turbine generating power. Both can rely on magnets made with neodymium and praseodymium. Sarfartoq brings that material story back to Greenland: a defined rare-earth resource, with Neo retaining rights to future offtake.
Generalized coastline: Natural Earth, 1:50m, public domain. Orthographic projection centered on 73° N, 42° W. Sarfartoq coordinates: GeoSim / Tetra Tech, effective July 31, 2026, §3.1. Skaergaard coordinates: SLR, effective July 3, 2026, §3.1. Points are geographic references; they do not define license boundaries.
Sarfartoq report Skaergaard reportA substantial field record is in place. The next catalysts are assay integration, recovery testwork, resource evaluation, and the next level of engineering detail.
Mapping, sampling, and a second season of environmental baseline fieldwork completed.
Company update17 holes completed and more than 100 metric tons of bulk material collected for study.
Company updateScaled metallurgical work at Sarfartoq; processing studies and Initial Assessment work at Skaergaard.
Technical foundationFuture milestones are company objectives, subject to technical results, financing requirements, approvals, and execution. Fieldwork completion does not establish commercial viability.
From understanding the geology to delivering fieldwork: experience that connects the resource to the work ahead.
President
Greenland geological work since 1998.
Read biographyChief Geologist
Doctoral research on the Skaergaard intrusion.
Read biographyCountry Manager, Logistics & Studies
More than 30 years living and working in Greenland.
Read biographyField programs, technical progress, and company developments. Read the original announcements.
Greenland Mines responds to U.S. comments on Greenland exploration, highlighting Sarfartoq and Skaergaard as potential contributors to allied mineral supply chains. The company emphasizes technical execution, investment and cooperation with Greenlandic authorities and communities.
Greenland Mines highlights Sarfartoq’s potential role alongside Neo’s European separation capacity. Neo remains a shareholder with rights to up to 60% of future Sarfartoq ore or concentrate.
President Bo Møller Stensgaard was invited to the 2026 Arctic Circle mining roundtable in Reykjavík, focused on responsible development, infrastructure, investment and allied security.
Board authorization provides flexibility to buy back shares alongside planned project investment. It does not require any purchases.
The additional 9.9% investment broadens exposure to anorthosite and advanced materials. The increase remains subject to closing.
The 2026 program delivered 4,480 meters of drilling across 17 completed holes, with material for metallurgical and processing studies.
Technical reports, company announcements, and SEC filings. A clear view of the work behind the story.
Explore investor information