22 July 2026. GreenX Metals Limited (ASX:GRX, LSE:GRX, GPW:GRX, Germany-FSE:A3C9JR) (GreenX or the Company) is pleased to announce that fieldwork has commenced at its Eleonore North project in East Greenland (Eleonore North or Project). The exploration program is targeting gold (Au), tungsten (W), and antimony (Sb).

GreenX’s Chief Executive Officer, Mr Ben Stoikovich, commented: “Greenland is an exciting frontier for GreenX, and this program advances a portfolio of gold, tungsten and antimony targets that has seen very little modern exploration.

Tungsten and antimony are critical raw materials for both the European Union and the United States, and Eleonore North gives us high-grade occurrences of both in a stable Western jurisdiction at a time when supply is heavily concentrated in China. Importantly, the tungsten and antimony mineralisation has a surface expression, which allows us to make rapid progress in expanding the known mineralisation and generating additional targets.

This year we are in the field to advance our existing prospects, including the Noa Pluton gold-antimony target and the North and South Margeries deposits. At the same time, our growing understanding of intrusion-related gold systems in the region has enabled us to identify a number of new targets.’’

  • TranscendentalEmpire@lemmy.today
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    10 hours ago

    I’ll give you the benefit of the doubt since it seems like English isn’t your first language.

    Finding sources of rare earth minerals is easy. Mining those resources is easy. Processing those minerals into actual usable material is the complicated and expensive part. Investing in that part of the process is how China cornered the market.

    So claiming a new mining company is going to break China’s hold over the rare earth material market is incredibly stupid.

    • Albercik@szmer.infoOP
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      9 hours ago

      The only one mentioning “breaking China’s hold” is you in this thread. Which only strengthens my point that you sound like an insecure about “Chinese dominance” Chinese troll farm employee even if I don’t take into consideration your quite telling username.

      • TranscendentalEmpire@lemmy.today
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        8 hours ago

        The only one mentioning “breaking China’s hold” is you in this thread.

        Did you not read the article you posted?

        You have also referenced competing with China several other times in this thread…

        insecure about “Chinese dominance”

        It would be nice if there were something to be insecure about. That would personally benefit me as I live in the US. I would welcome an influx of production based employment, but we’re too busy giving tax breaks to oil tycoons.

        Chinese troll farm employee even if I don’t take into consideration your quite telling username.

        Lol, you are a fucking idiot. Transcendentalism is a philosophical movement that began in the US in the late 1820’s. Please enlighten me…what is so telling about my username?