Greenland Mines Applauds Historic U.S.-Denmark-Greenland Security Agreement, Reinforcing Greenland’s Strategic Importance to the United States

Greenland Mines links a new U.S.-Denmark-Greenland security deal to the strategic value of its rare earth and precious metals projects.

Rhea-AI Summary

Greenland Mines (GRML) welcomed a new security agreement among the United States, Denmark and Greenland that expands the U.S. security presence in Greenland and restricts military positions and sensitive investments by U.S. adversaries. The company said the deal highlights Greenland’s rising strategic importance for defense, technology and energy security.

Greenland Mines highlights two key assets: the Sarfartoq rare earths project, with an Initial Assessment high-case pre-tax NPV of about $2.05 billion, and the Skaergaard palladium-platinum-gold and vanadium mineral system. Planned annual NdPr oxide output from Sarfartoq would equal roughly 34% of all NdPr oxide currently refined outside China at 2025 consumption levels, supporting the company’s vision for a North Atlantic Critical Metals Corridor linking Greenland resources with allied downstream infrastructure.

Positive

• Sarfartoq Initial Assessment high-case pre-tax NPV of approximately $2.05 billion
• Planned Sarfartoq NdPr output equals about 34% of current non-China refined NdPr at 2025 levels

Negative

• None.

Argus 15 min delay

+56.19% vs previous close $4.45 last price 8.3x rel. volume Open Argus

Details

Market Reaction – GRML

+7.3% Peak Tracked

-7.6% Trough Tracked

$2.82 $4.82 Day Range

$21.41M Market Cap

Following this news, GRML has gained 56.19%, reflecting a significant positive market reaction. Argus tracked a peak move of +7.3% during the session. Argus tracked a trough of -7.6% from its starting point during tracking. Our momentum scanner has triggered 90 alerts so far, indicating high trading interest and price volatility. The stock is currently trading at $4.45. Trading volume is exceptionally heavy at 8.3x the average, suggesting very strong buying interest.

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Key Figures

High-case pre-tax NPV: $2.05 billion NdPr oxide production share: 34%

High-case pre-tax NPV

$2.05 billion

Sarfartoq Initial Assessment

NdPr oxide production share

34%

Of NdPr oxide refined outside China at 2025 consumption levels

Key Terms

pre-tax npv, ndpr oxide, initial assessment

3 terms

pre-tax npv financial

"Sarfartoq’s Initial Assessment includes a high-case pre-tax NPV of approximately $2.05 billion"

Pre-tax NPV is the net present value of a project or investment calculated using expected future cash flows before any corporate taxes are subtracted, discounted back to today’s dollars. It shows how much those before-tax cash flows are worth now, making it useful to compare projects on their raw economic returns much like comparing the face value of different offers before knowing how much will be taken out in taxes.

ndpr oxide technical

"planned annual NdPr oxide production would represent approximately 34%"

NdPr oxide is a mixed rare-earth metal powder made mainly from neodymium and praseodymium that serves as a basic ingredient for making high-strength permanent magnets and specialty alloys. For investors, its availability and price act like the cost and supply of a key baking ingredient: tight supply or rising costs can squeeze manufacturers’ margins, disrupt production of electric vehicle motors, wind turbines and electronics, and therefore affect companies’ profitability and stock valuations.

initial assessment technical

"Sarfartoq’s Initial Assessment includes a high-case pre-tax NPV"

An initial assessment is a short, early review that identifies the main facts, risks and likely next steps about a business matter, product, clinical result or regulatory filing. It matters to investors because it sets first expectations—like a quick health check that signals whether deeper investigation, a change in valuation, or an urgent response is needed—and can influence short‑term market reactions and planning.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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CHARLOTTE, N.C., Sept. 18, 2026 (GLOBE NEWSWIRE) -- CHARLOTTE, N.C., Sep. 18, 2026 (GLOBE NEWSWIRE) -- via IBN – Greenland Mines Ltd (Nasdaq: GRML) (“Greenland Mines” or the “Company”) today applauded President Donald J. Trump’s announcement of a landmark security agreement among the United States, the Kingdom of Denmark and Greenland. The announced agreement, which provides for a substantially expanded and enduring U.S. security presence in Greenland and limits the ability of U.S. adversaries to establish military positions or make sensitive investments there, represents an important step in strengthening the long-term security of Greenland and the broader Arctic region.

“Today’s announcement underscores what we have long believed: Greenland is becoming one of the most strategically important regions in the world,” said Bo Møller Stensgaard, President of Greenland Mines. “We applaud the US and the governments of Greenland and Denmark for advancing a framework that strengthens security, deepens cooperation among longstanding allies and recognizes Greenland’s importance to the future of the United States and the Western alliance. We believe that same strategic importance extends to the critical minerals required for defense, advanced technology and energy security.”

Greenland Mines is uniquely positioned at the intersection of these priorities through two major Greenland mineral assets: Sarfartoq, one of the Western world’s potentially significant sources of neodymium-praseodymium rare earths, and Skaergaard, a large-scale palladium-platinum-gold and vanadium-bearing mineral system. Sarfartoq’s Initial Assessment includes a high-case pre-tax NPV of approximately $2.05 billion, and its planned annual NdPr oxide production would represent approximately 34% of all NdPr oxide currently refined outside China at 2025 consumption levels. Together, the Company believes its projects can form an important part of a secure allied critical-minerals supply chain and its broader vision for a North Atlantic Critical Metals Corridor linking Greenland’s resources with downstream processing and industrial infrastructure in allied jurisdictions.

About Greenland Mines Ltd

Greenland Mines Ltd is a Nasdaq-listed resource development and mining company focused on the development of the Skaergaard Project in southeast Greenland and the Sarfartoq neodymium-praseodymium rare earths project in southwest Greenland. The Company’s strategy is centered on building a multi-asset platform with exposure to rare earth magnet materials, precious metals and select midstream processing opportunities, while advancing its assets and broader North Atlantic Critical Metals Corridor vision linking Greenland resources with allied downstream jurisdictions and industrial infrastructure.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements are often identified by words such as “believe,” “expect,” “anticipate,” “intend,” “plan,” “potential,” “could,” “may,” “will,” “should,” “estimate,” “objective” and similar expressions.

Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties. Many factors could cause actual results to differ materially, including exploration, resource-estimation, metallurgical, engineering, environmental, social, permitting, logistical, infrastructure, financing, commodity-price, market, counterparty and execution risks; the availability and level of participation of advisory board members; changes to planned programs and timelines; the Company’s ability to obtain required approvals and financing; and risks described in documents filed or to be filed with the U.S. Securities and Exchange Commission. No assurance can be given that studies, applications, partnerships, transactions, development decisions or production will occur on the timing contemplated or at all.

Readers should carefully consider these factors and the other risks and uncertainties described in the Company’s SEC filings. All information in this press release is provided as of its date, and the Company undertakes no obligation to update any forward-looking statement except as required by applicable law.

Investor Contact and Corporate Communications:

ir@greenlandmines.com
Website: www.greenlandmines.com

Corporate Communications:

IBN
Austin, Texas
IBN.Ai
512.354.7000 Office
Editor@IBN.Ai

jonathan.keim@investorbrandnetwork.comchristian.amiscua@investorbrandnetwork.cominvoices@investorbrandnetwork.compress@ibn.fmdouglas.holland@investorbrandnetwork.comjarrod.holland@investorbrandnetwork.com