Greenland Resources gets $120M LOI from Nordic Investment Bank for Malmbjerg project
Exploitation licence granted by the government gives it a “dominant mineral licence position” on the island’s east coast, the company says.
Exploitation licence granted by the government gives it a “dominant mineral licence position” on the island’s east coast, the company says.
BELLINGS Intelligence Score: 12
Why it matters
The $120M LOI for Greenland Resources' Malmbjerg project is a routine financing step in mining development with limited immediate impact on credit markets or systemic credit conditions.
Sources
Mining.com
Greenland Resources gets $120M LOI from Nordic Investment Bank for Malmbjerg project
Exploitation licence granted by the government gives it a “dominant mineral licence position” on the island’s east coast, the company says.