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Greenland Mines invests in AnorTech to expand into sustainable alumina and midstream critical materials processing.

Company Fundamentals
16 Jun 2026
PRNewsWire
View Source
Bullish
pluang ai news

Greenland Mines Ltd has entered a strategic share exchange agreement with AnorTech Inc., acquiring an initial 9.9% stake with an option to increase to 19.9%. AnorTech develops sustainable smelter grade alumina and high purity alumina from Greenland's Gronne Bjerg anorthosite project using patented technology. This investment extends Greenland Mines' reach beyond mining into midstream processing, aligning with its vision to build a North Atlantic Critical Metals Corridor linking Greenland resources with industrial processing in allied regions. The partnership enhances Greenland Mines' exposure to critical materials essential for energy transition and supply chain security, with plans to leverage Greenland's resource quality and Icelandic industrial infrastructure for low-carbon alumina production.

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