Greenland Mines buys rare earth project from Neo Performance for $35M

Market Trends · Mining.com ·

Greenland Mines buys rare earth project from Neo Performance for $35M

Greenland Mines has acquired Neo Performance Materials' Sarfartoq project in southwest Greenland, an advanced exploration asset prospective for magnet rare earths. Neo will receive offtake rights on up to 60% of future ore or mineral concentrate production.

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