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Greenland Resources Inc. logo

Greenland Resources Inc.

MOLY.TOSmall CapRare Earths

Price History

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About Greenland Resources Inc.

Greenland Resources is developing the Malmbjerg molybdenum project in Greenland, one of the world's largest undeveloped molybdenum deposits containing approximately 127 million tonnes of molybdenum. The project benefits from Greenland's stable mining permitting environment and significant infrastructure potential.

Primary Commodities

Molybdenum

Project Economics

Malmbjerg Molybdenum Project

Molybdenum· east central Greenland· Development
Feasibility
Apr 2022
NPV (After-Tax) @ 6%$1.17B
NPV (Pre-Tax)$1.80B
IRR (After-Tax)22.4%
Initial Capex$820M
Payback3.6 yrs
AISC12.4 USD/t ore milled
Annual Production25 Mlb Mo per year
Recovery84.6%
Mine TypeOpen-pit
Ownership100%
Contained Metal571 Mlb Mo
Mineral Reserves
Proven and Probable Reserves of 245 million tonnes at 0.176% MoS2, for 571 million pounds of contained molybdenum metal

Malmbjerg

Molybdenum· Greenland· Development
Feasibility
Feb 2022
NPV (After-Tax) @ 6%$1.17B
NPV (Pre-Tax)$1.80B
IRR (After-Tax)22.4%
Initial Capex$820M
Payback3.6 yrs
Recovery84.6%
Mine TypeOpen-pit
Mineral Reserves
Total P&P: 245 Mt at 0.176% MoS2, containing 571 Mlb Mo (Proven: 123 Mt at 0.202% MoS2, 328 Mlb Mo; Probable: 122 Mt at 0.151% MoS2, 243 Mlb Mo)
Royalties / Streams
2.5% NSR royalty

Greenland Resources Inc.

Greenland Resources Inc. (MOLY.TO)

Project figures are automatically extracted from company filings and presentations and reflect the most recent disclosure found. They may contain errors — always verify against the linked source document.

Financial Metrics

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Press Releases

PRESS RELEASE

Greenland Resources Joins Robotic Mining Project, Receives EU Grant

Greenland Resources (MOLY.TO) has entered into an agreement with the Lulea Tekniska Universitet of S

Yahoo Finance5/21/2026
PRESS RELEASE

Greenland Resources Joins Sweden Luleå University of Technology in Robotic Mining Project and Receives EU Grant

NUUK, Greenland, May 21, 2026--Greenland Resources Inc. (TSX:MOLY, FSE:M0LY) is pleased to announce that it has entered into an agreement with the Luleå Tekniska Universitet (LTU) of Sweden and twelve other participants to join the BOREAS project that aims to develop autonomous robotic systems, which can be utilized to support certain areas of the development of the Malmbjerg project in Greenland. Pursuant to the agreement Greenland Resources A/S will receive a non-repayable EU grant of €489,125

Yahoo Finance5/21/2026
PRESS RELEASE

Greenland Resources Applies for Equity Investment from European Innovation Council

Greenland Resources (MOLY.TO) has applied for an equity investment from the European Innovation Coun

Yahoo Finance4/27/2026
PRESS RELEASE

Greenland Resources Provides Update on EUR 50 Million Equity Investment Led by Horizon Europe

NUUK, Greenland, April 27, 2026--Greenland Resources (TSX:MOLY, FSE:M0LY) is pleased to announce that it has applied for an equity investment from the European Innovation Council EIC STEP Scale Up ("EIC STEP"). The application stipulates a total equity investment of €50 million partly funded by Horizon Europe with the remainder provided by targeted committed capital providers. The application has successfully passed an eligibility criteria assessment, achieved the Sovereignty STEP Seal project e

Yahoo Finance4/27/2026
PRESS RELEASE

Greenland Resources Signs Eight Year Off-take Agreement With SSAB to Supply High Quality Molybdenum

TORONTO, April 01, 2026--Greenland Resources Inc. (TSX:MOLY, FSE:M0LY) ("Greenland Resources" or the "Company") is pleased to announce the Company has signed a binding off-take agreement with SSAB, a Nordic and US-based steel producer headquartered in Sweden. The company is a leading producer on the global market for advanced high-strength steels providing solutions to the defence, automotive, infrastructure and energy industries. A stock exchange press release from SSAB can be found on their we

Yahoo Finance4/1/2026
PRESS RELEASE

Greenland Resources signs molybdenum supply deal with ROGESA

The agreement aims to provide a sustainable molybdenum supply from Greenland, refined in Belgium for European standards.

Yahoo Finance3/30/2026
PRESS RELEASE

Greenland Resources Signs MOU With German Dillinger for Molybdenum Supply

TORONTO, March 27, 2026--Greenland Resources Inc. (TSX:MOLY, FSE:M0LY) ("Greenland Resources" or the "Company") is pleased to announce that as a follow up to its December 3, 2025 press release where the European Commission presented RESourceEU, and mentioned the Company’s Malmbjerg project in Greenland as a priority EU project, the Company has signed a memorandum of understanding ("MOU") for long term molybdenum supply with ROGESA Roheisen-und Rohstoffgesellschaft Saar mbH, a joint subsidiary of

Yahoo Finance3/27/2026
PRESS RELEASE

Greenland Resources Conditionally Approved for up to $7 Million From the Government of Canada

Greenland Resources (MOLY.TO) on Monday said the Government of Canada conditionally approved it for

Yahoo Finance4 days ago
PRESS RELEASE

Greenland Resources Granted 1,147.76 km2 Mineral License Surrounding Its Current Exploitation License

TORONTO, February 24, 2026--Greenland Resources Inc. (TSX:MOLY | FSE: M0LY) ("Greenland Resources" or the "Company") is pleased to announce the government of Greenland has granted the Company exclusive rights of special exploration license MEL-S 2026-07 consisting of 1,147.76 km2 in the Semersooq region surrounding the Company’s existing exploitation license for molybdenum and magnesium. The Company now has a dominant mineral licence position in the east coast of Greenland.

Yahoo Finance3 days ago
PRESS RELEASE

Dr. Ruben Shiffman Files Early Warning Report in Respect of Greenland Resources

TORONTO, ON / ACCESS Newswire / February 4, 2026 / Dr. Ruben Shiffman announces that in a series of transactions, he has made a series of ordinary-course purchases at the market price on the open markets (the "Purchases"), through which he has acquired ...

Yahoo Finance2/5/2026

Quick Facts

Ticker Symbol
MOLY.TO
Market Cap
Small Cap
Category
Rare Earths
Commodities
Molybdenum

This information is for educational purposes only and does not constitute investment advice. Always conduct your own research before making investment decisions.

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