# Greenland Resources

**Source:** https://www.startuphub.ai/startups/greenland-resources
**Profile type:** Startup

> A mining company focused on developing the Malarctic project in Quebec.

## About

Greenland Resources Inc. is a mining exploration and development company focused on the Malmbjerg project, a significant molybdenum deposit. Molybdenum is a critical mineral essential for green energy technologies, defense applications, and specialty steel products. The company aims to supply a substantial portion of Europe's molybdenum needs, contributing to the region's Green Deal objectives.

## Key facts

- **Slug:** greenland-resources
- **Website:** https://greenlandresources.ca/
- **Location:** Toronto, Ontario, Canada
- **Operating status:** Active
- **Total funding:** $57M
- **Sectors / tags:** Mining, Natural Resources, Exploration, Development, Commodities
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/greenland-resources-inc/

## Frequently asked

### What does Greenland Resources do?

Greenland Resources Inc. is a mining exploration and development company focused on the Malmbjerg project, a significant molybdenum deposit. Molybdenum is a critical mineral essential for green energy technologies, defense applications, and specialty steel products. The company aims to supply a substantial portion of Europe's molybdenum needs, contributing to the region's Green Deal objectives.

### What is Greenland Resources's valuation?

StartupHub estimates Greenland Resources's effective valuation at $983.0M (range $688.1M to $1.3B, 39% confidence), based on comparable companies in the sector.

### How much funding has Greenland Resources raised?

Greenland Resources has raised a total of $57M in funding. The most recent round on record is Equity Investment.

### Where is Greenland Resources headquartered?

Greenland Resources is headquartered in Toronto, Ontario, Canada.

### What industry does Greenland Resources operate in?

Greenland Resources operates in Mining, Natural Resources, Exploration, Development, Commodities.

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