Greenland Mines President Invited to Join Global Business and Policy Leaders at 2026 Arctic Circle Assembly and Mining Roundtable

Invitation follows $2.05 billion Sarfartoq Initial Assessment and comes as U.S., Greenland, and Denmark deepen cooperation on minerals and Arctic security

CHARLOTTE, N.C., Oct. 09, 2026 (GLOBE NEWSWIRE) — via IBN – Greenland Mines Ltd (Nasdaq: GRML, FSE: HK6) (“Greenland Mines” or the “Company”), the Greenland-focused critical minerals developer, today announced that President Dr. Bo Møller Stensgaard has been invited to participate in the closed, invitation-driven “Arctic Mining” roundtable at the 2026 Arctic Circle Assembly and Business Forum in Reykjavík, Iceland.

The roundtable will bring together a select group of Arctic mining, investment and policy leaders to discuss responsible development, infrastructure, permitting, local value creation and the growing role of critical minerals in Arctic and allied security. Greenland Mines will bring an execution-focused perspective built around its two advanced Greenland projects: Sarfartoq, a major NdPr rare earths project in West Greenland, and Skaergaard, a large palladium-platinum-gold and critical-metals project in East Greenland.

A welcome email is on its way. If you don't see it, please check your junk folder.

“Greenland Mines has advanced two major projects on opposite sides of Greenland, completed significant field programs at both, established modern S-K 1300 technical foundations and strengthened the Company’s financial position for its next stage of development. At the same time, governments are increasingly recognizing that critical minerals, infrastructure and secure supply chains are fundamental components of economic and national security. We believe Greenland and Iceland can become an important part of that solution,” said Dr. Stensgaard.

The Company’s participation comes as Greenland’s mineral resources assume increasing strategic importance. A recently signed security agreement among Greenland, Denmark and the United States reinforces cooperation across security, minerals, economic development and other strategic sectors and reflects a broader recognition that Arctic security increasingly depends not only on defense capabilities, but also on resilient infrastructure, responsible investment and secure industrial supply chains.

Greenland Mines believes this emerging framework closely aligns with its North Atlantic Critical Metals Corridor vision — connecting responsibly developed Greenlandic resources with logistics, technology, processing, capital and strategic end markets across Greenland, Iceland, Scandinavia, the European Union and North America.

At Sarfartoq, the Company’s 2026 Initial Assessment reports a high-case pre-tax NPV8 of approximately $2.05 billion and contemplates annual NdPr oxide production from the ST1 deposit equivalent to approximately 34% of current production outside China, based on 2025 consumption levels. Greenland Mines acquired Sarfartoq on Sept. 1, 2026, and moved directly into field execution, completing a major exploration and environmental program during the 2026 season.