Greenland Resources Inc. (MOLY)

Overview

Greenland Resources Inc., originating as Primera Bioscience Research Inc., transformed its identity in June 2014 to better reflect its focused business strategy in the mining sector. Established in 2008 and headquartered in Toronto, Canada, this company sets its sights beyond its initial bioresearch orientation to embark on the acquisition, exploration, and development of mineral projects. Notably, Greenland Resources Inc. prides itself on its primary venture, the Malmbjerg molybdenum project, situated in eastern Greenland. This project, which is completely owned by the company, underscores its commitment to contributing to the global mining industry. Greenland's strategic pivot towards mining capitalizes on the rich mineral resources of Greenland, aiming to establish a notable footprint in the sector.

Products and Services

• Malmbjerg Molybdenum Project

  This flagship project embodies Greenland Resources Inc.’s primary business focus. Located in eastern Greenland, the Malmbjerg Molybdenum Project is a fully owned enterprise by the company, underscoring its commitment to mining and mineral exploration. Molybdenum, known for its strength and resistance to corrosion, is a sought-after metal in various industrial applications, including as an alloy in steel manufacturing. The development of this project not only highlights Greenland Resources Inc.'s capability in managing and exploring mineral resources but also its contribution to the molybdenum market, meeting the demands of industries worldwide.