Greenland Mines says US pact could strengthen mineral supply

AI desk brief

Greenland Mines says the new US-Denmark-Greenland security pact could ускорate development of allied critical-mineral supply chains, with its Greenland assets positioned to benefit. The company highlighted Sarfartoq, which it says could account for 34% of all neodymium-praseodymium oxide currently refined outside China at 2025 consumption levels, and Skaergaard, which hosts palladium, platinum, gold and vanadium.

The company is also pitching a North Atlantic Critical Metals Corridor linking Greenland resources to downstream processing in allied countries. Shares jumped 227% to $9.33 intraday Monday, valuing Greenland Mines at $51.5 million, underscoring how strongly the market is pricing the geopolitical optionality.