Greenland has granted a 30-year permit to Toronto-listed Greenland Resources for the development of the Malmbjerg molybdenum mine, marking a major step forward for EU-backed efforts to secure critical raw materials The project, located in eastern Greenland, is expected to produce an average of 32 8 million pounds of concentrated molybdenum annually—enough to meet around a quarter of Europe’s demand for the metal
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Source and Credit: reuters.com
