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Greenland Resources Extends MOU With Roaster to Include Molymet Germany
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TORONTO--(BUSINESS WIRE)--Nov 24, 2025-- Greenland Resources Inc. (Cboe CA:MOLY, FSE:M0LY) (“Greenland Resources” or the “Company”) is pleased to announce that following its May 10, 2023 press release where the Company announced the signing of a memorandum of understanding with binding terms for long term sales and toll conversion of molybdenum concentrate with Molymet in the presence of the prime Minister of Belgium, the Company has now expended the agreement to include Molymet Germany in Bitterfeld in addition to Molymet Belgium N.V in Ghent. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20251124398922/en/ Under the amendment, the Company’s production of molybdenum from Greenland will include molybdenum required to produce in Germany highly specialized molybdenum metal and powders, which are alloy components in consumer goods, electronics, medical equipment and superalloys.