MiningNewsBreaks – Greenland Mines Ltd. (NASDAQ: GRML) Initial Assessment Values Sarfartoq at Up to $2.05 Billion Pre-Tax NPV
Greenland Mines (NASDAQ: GRML) , a Western-aligned critical minerals developer, released an independent Initial Assessment (“IA”) for its Sarfartoq Nd-Pr Rare Earth Element Project in southwest Greenland, outlining a high-case pre-tax net present value of up to approximately $2.05 billion at an 8% real discount rate and an internal rate of return of 118.6%, including Indicated and Inferred Mineral Resources. The high case estimates a pre-tax NPV of up to $1.49 billion and an IRR of 92.7% when Inferred Mineral Resources are excluded. The assessment outlines a nine-year mine life processing 12.2 million tons at 1.4 million tons annually and states that, at 2025 consumption levels, planned Sarfartoq NdPr oxide production would represent approximately…