Powering Tomorrow’s Technology

Greenland’s Major Technology Project, Built in Partnership with Greenland’s People
One of Greenland’s largest Rare Earth projects

Critical Minerals for the Tech Economy

The Narsaq Rare Earths Project Technology Project, developed by Greenland Strategic Minerals A/S, is set to become one of the largest rare earths mine in Greenland.

With a scalable capacity reaching 3.0 million tonnes per annum (Mtpa), the Narsaq Rare Earths Project will deliver critical minerals essential to modern technology and sustainable energy.

A Partnership with Greenland and Its Communities

  • Narsaq Rare Earths Project is designed as a collaborative venture with Greenland’s people, ensuring that local communities are central to its success.

  • Jobs & Skills: Direct employment opportunities for Greenlanders, supported by training programs to build long term expertise in mining, processing, and logistics.

  • Revenue & Shared Prosperity: At full scale, Narsaq Rare Earths Project is projected to generate significant revenue, contributing royalties, taxes, and procurement contracts that strengthen Greenland’s economy.

  • Community Benefits: Local procurement ensures Greenlandic businesses supply goods and services, while infrastructure investments (roads, port facilities, camp services) provide lasting regional development.

Global Strategic Position

  • Narsaq Rare Earths Project provides a secure, non Chinese source of rare earths, directly supporting Western diversification strategies.

  • Rare earths are critical for defense, aerospace, semiconductors, and renewable energy - making Narsaq Rare Earths Project a strategic asset for the West and a source of pride for Greenland.

  • By combining local partnership with global relevance, Narsaq Rare Earths Project positions Greenland as a linchpin in critical mineral diplomacy.

Investor Benefits

  • Strong long-term returns over generations

  • Diversified products: REE, gallium, Hafnium, zirconium and niobium

  • ESG credentials: chemical free processing, transparent governance

  • Strategic relevance: aligned with EU and U.S. policy frameworks

Key Milestone: The Exploitation Licence application will be formally submitted to the Mineral Licence and Safety Authority (MLSA) in early 2026, marking a major step toward one of Greenland’s largest rare earths development.

The Narsaq Rare Earths Project

Scalable Development, World‑Class Potential in Southern Greenland

The Narsaq Rare Earths Project is located on the southern margin of Tunulliarfik Fjord, giving it natural deep‑water access and proximity to Narsaq, Qaqortoq, and Narsarsuaq Airport. This location provides year‑round maritime access.

Southern Greenland’s relatively mild Arctic climate and highly prospective uniform geology reduce construction cost, while the project’s phased development strategy — starting at 0.5 Mtpa and scaling to 3.0 Mtpa within three years — allows early cash flow and staged capital deployment.

Infrastructure is compact and efficient: a processing plant near the deposit, dry‑stack tailings facilities, a diesel power station with renewable integration potential, and port facilities for direct concentrate export. Camp facilities are designed to support Greenlandic workforce participation, reinforcing the project’s partnership with local communities.

By combining proposed chemical‑free processing, transparent government reporting, and early engagement with Kommune Kujalleq, Narsaq Rare Earths aligns with Greenland’s policy for responsible, low‑impact resource development. Its competitive advantage lies in lower CAPEX/OPEX, reduced environmental footprint, and the ability to scale cleanly to full capacity — positioning Greenland as a strategic supplier of critical metals to Western markets.