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| Greenland Resources |
Greenland Resources to supply molybdenum to Hempel through a new long-term MoU that expands European steel supply security. Greenland Resources to supply molybdenum to Hempel covers molybdenite concentrate and secondary products for downstream customers. As a result, Greenland Resources to supply molybdenum to Hempel aligns the Malmberg project’s 30-year permit with concrete market channels.
Offtake structure and conversion pathway
The MoU routes molybdenite concentrate to Molymet Belgium under an existing tolling agreement, converting it into ferromolybdenum and molybdenum oxide for Hempel’s German steel clients; volumes were not disclosed, so ramp timing will track Malmberg financing and qualification milestones.
Strategic positioning in Europe’s stainless and alloy chain
The Malmberg permit underpins diversified European molybdenum supply, complementing earlier offtakes with Cogne and Outokumpu and de-risking customer trials by offering both ferro-moly and oxide forms for high-spec alloys.
The Metalnomist Commentary
This deal pairs a permitted Arctic resource with proven EU conversion capacity, improving resilience in Europe’s alloy chain. Watch for disclosed tonnages, financing progress, and qualification timelines to gauge how quickly Malmberg turns into reliable units for steelmakers.
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