Greenland Resources Inc. (TSE:MOLY) has released an update.
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Greenland Resources Inc. has secured a letter of intent from the Export and Investment Fund of Denmark to support financing for its molybdenum project in Greenland. This project aims to meet Denmark’s demand for ammonium dimolybdate and contribute to the EU’s molybdenum needs. The project enjoys backing from the European Raw Materials Alliance and features environmentally friendly mining practices.
For further insights into TSE:MOLY stock, check out TipRanks’ Stock Analysis page.
