One of the largest palladium-gold deposits on Earth, and the rare earths the West is missing.

15.0 Moz PdEqSkaergaard indicated resource, July 2026

$2.05 billionSarfartoq pre-tax NPV, high case

One thirdof the world's NdPr refined outside China, from Sarfartoq alone

Corporate deck

Live prices for what's in the ground

Gold

$4,000per oz

Palladium

$1,200per oz

Platinum

$1,600per oz

NdPr oxide

34%of non-China supply

Sarfartoq's planned output, at 2025 demand

The Skaergaard Opportunity

Skaergaard site

One of the world's largest undeveloped palladium-gold deposits, 300 km from Iceland. Permitted, 80% owned, and still growing: indicated ounces rose 31% this year.

15.0 Moz PdEqIndicated at 3.04 g/t

17.49 Moz PdEqInferred at 3.07 g/t

~50 MozCompany target for contained Au, Pd and Pt

877 km²Three licences, no third-party royalties

Icebergs in a fjord below dark red rock on the Greenland coast

The Sarfartoq Opportunity

Sarfartoq site

View west along the Sarfartoq valley with the carbonatite in the foreground

One of the West's most advanced magnet rare earth deposits, closed 1 September 2026. Neo Performance Materials is a shareholder with offtake rights on up to 60% of production: a buyer, before there is a mine.

$2.05 billionPre-tax NPV at 8%, high case

118.6%Pre-tax IRR, high case

6.9 Mt at 1.60%Indicated TREO, first ever at Sarfartoq

9 yearsMine plan at 1.4 Mt a year, ST1 only

What's next

The milestones the company has set out for the rest of 2026, from the 3 September shareholder letter.

Q4 2026Biotech spin-off completesGreenland Mines becomes a pure critical minerals company.

Q4 2026Skaergaard bulk sample to FinlandPilot flowsheet work at GTK Mintec feeds the first economic study of the deposit, an Initial Assessment.

Q4 2026Sarfartoq drilling programMapping and drone magnetics now, then infill drilling toward a Pre-Feasibility Study.

OngoingCorridor financingTalks with governments, industry and strategic partners on funding the Iceland midstream.

Mine in Greenland. Process in Iceland. Sell to the West.

Western governments are paying for critical minerals that bypass China. Greenland Mines is building the supply chain to match, deposit to magnet plant.

Greenland

Upstream

Two deposits under a modern mining code, no third-party royalties, exploration permits in hand. Both sit inside the GIUK gap, the stretch of North Atlantic the West's navies already guard.
Iceland

Midstream

First right of refusal on the Helguvík industrial site: buildings, a deep-water port and up to 40 MW of renewable power, 400 km from Skaergaard.
Europe and North America

Downstream

Neo Performance Materials, shareholder and offtake partner, separates rare earths at Silmet in Estonia, one of the few plants outside China that can. The European Raw Materials Alliance and a stake in AnorTech complete the network.

Financing for the corridor is being pursued with governments, industry and strategic partners, with the aim of funding growth without leaning only on the share count.

Ninety years of geology. Now a Nasdaq company.

Skaergaard is the most studied layered intrusion on Earth. Its precious metal layers were found in 1986. In 2026 it reached a US listing, paired with a magnet rare earth deposit.

1935

Wager's expedition maps the Skaergaard intrusion.

1986

Platinova finds the Triple Group: palladium, platinum and gold in layers.

2007

35,000 m of drilling by Platina Resources, through 2011.

2020

Greenland Mines Corp takes on the project.

2022

Indicated resource up 95% in a new NI 43-101 estimate.

Mar 2026

Merger into a Nasdaq company; renamed Greenland Mines Ltd, ticker GRML.