Economy

Greenland Resources Signs MOU With German GMH Gruppe for Molybdenum Supply

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Big news for Greenland Resources Inc. (TSX:MOLY, FSE:M0LY) and a significant step forward for European critical raw material independence!

Following the European Commission’s presentation of RESourceEU on December 3, 2025, where our Malmbjerg project in Greenland was notably highlighted as a priority EU project, we are thrilled to announce a major development.

Greenland Resources has officially signed a Memorandum of Understanding (MOU) with the esteemed German GMH Gruppe for the supply of molybdenum. This agreement marks a crucial milestone in securing a stable and reliable source of this vital metal for European industries.

Molybdenum is an essential element, critical for high-strength steel alloys, aerospace components, and various high-tech applications. As global supply chains face increasing scrutiny and demand for critical raw materials surges, securing domestic and allied sources like the Malmbjerg project becomes paramount for economic stability and strategic autonomy.

This partnership with GMH Gruppe not only underscores the strategic importance of our Malmbjerg project but also solidifies our commitment to contributing to Europe’s critical raw materials strategy. We believe this collaboration will play a pivotal role in strengthening the European industrial base and fostering a more resilient supply chain for the future.

Source: Original Article

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