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Greenland Resources Signs MOU With Italian Cogne for Molybdenum Supply

TORONTO--(BUSINESS WIRE)--Greenland Resources Inc. (NEO:MOLY, FSE:M0LY) (“Greenland Resources” or the “Company”) is pleased to announce that it signed a memorandum of understanding (“MOU”) for long term molybdenum supply with Cogne Acciai Speciali S.p.A., a global leading Italian company in the special steel and long stainless steel industry. The MOU is non-binding but sets the path for a long-term supply agreement of Ferromolybdenum and Mo-oxide with extraction in Greenland and roasting in Bel...

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