Upcoming Sessions
Aquarium Room
Add to Calendar
2024-05-16 11:45:00
Raw Materials Summit 2024: Greenland molybdenum mining project – Securing high-quality, long term molybdenum supply for the EU Green Deal from a Responsible Sourcing
Greenland Resources Inc. is a Canadian mining company that owns the Malmbjerg molybdenum project, a world-class Climax-type pure molybdenum mineral deposit near Tidewater in East-Central Greenland. ERMA supports the Malmbjerg project and has a recent NI 43-101 bankable feasibility study. Accordingly, it is a world-class primary molybdenum deposit featuring a Climax-type ore of high MoS2 concentration and low levels of impurities. The Malmbjerg project has the potential to cover approximately 25% of Europe’s molybdenum needs, with the potential to start production before the end of the decade. This made it ad hoc an attractive project within the EU’s Critical Raw Materials Act as part of the EU-Greenland strategic partnership. The EU represents the second largest user of molybdenum worldwide, as the metal is vital for European metallurgical and chemical industries. Despite being nearly self-sufficient in processing capacity for molybdenum concentrate and having a very sophisticated metallurgical steel industry, Europe so far has no molybdenum mining activity and entirely relies on imports of concentrates from overseas. The prospect of having a molybdenum mining site on EU-associated territory, fully compliant with responsible sourcing demands, has received strong interest for long-term offtakes from major EU industries. The presentation will present a video of the project and will detail the features of the Malmbjerg deposit and outline the mining plan developed by Greenland Resources Inc. Particular attention will be attributed to highlighting the efforts done towards sustainable mining, allowing the lowest carbon footprint and environmental impact. The downstream processing scenario, all based in Europe, will be drafted to demonstrate strategically important independence from overseas supplies. Besides the technical aspects, progress in EU financing and offtakes will be discussed.
Rue Bara straat 1751070, Brussels, Belgium, The Egg Conference Centre, Aquarium Room
RAW MATERIALS
https://eitrmsummit.com/raw-materials-summit-2024/greenland-molybdenum-mining-project-securing-high-quality-long-term
Europe/Brussels
public
Greenland molybdenum mining project – Securing high-quality, long term molybdenum supply for the EU Green Deal from a Responsible Sourcing
