Greenland Mines (GRML) Welcomes EU Strategic Project Designation for Neo Performance Materials Silmet 2.0
LOS ANGELES, CA - October 12, 2026 ( NEWMEDIAWIRE ) - Greenland Mines (NASDAQ: GRML) (FSE: HK6) , a critical-minerals developer advancing two major projects in Greenland, welcomed the European Commission’s selection of Neo Performance Materials Silmet 2.0 development plan as one of 46 new Strategic Projects under the European Union’s Critical Raw Materials Act (“CRMA”). Announced Oct. 9, 2026, the designation supports efforts to strengthen and diversify European critical-mineral supply chains. Neo, a strategic shareholder in Greenland Mines with offtake rights for up to 60% of future production from the Sarfartoq Project, plans to adapt its rare earth separation facility in Estonia to accommodate new raw material sources. Greenland Mines views its Sarfartoq rare earth resource and Neo’s European processing capabilities as potentially complementary components of a Greenland-to-Europe supply chain. The company said the designation reinforces its North Atlantic Critical Metals Corridor vision, which seeks to connect Greenlandic mineral resources with European and North American processing, technology and industrial markets. Greenland Mines is advancing its Sarfartoq rare earth project
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