The southwest Greenland project is now estimated at 208 million tonnes grading 0.72% total rare earth oxides, including about 1.5 million tonnes of rare earth material and 456,000 tonnes of magnet oxides.
The update adds to Greenland deposits such as Tanbreez and Kvanefjeld, strengthening prospects for a Western rare earth supply chain outside China for defence, clean energy and technology industries.
The report argues China still controls 85% of global rare earth processing and has imposed export curbs, underscoring calls for faster Western financing, permitting and allied supply-chain development.
Is Greenland's mineral wealth a strategic solution or an expensive, ecologically risky trap for the West?
Can Western nations secure rare earth supplies without adopting China's state-led industrial playbook?
Will recycling and new magnet technology solve the rare earth crisis faster than opening new mines?
Eclipse Metals’ Grønnedal Project: 208 Mt at 0.72% TREO Positions Greenland as Key REE Supplier
Overview
Eclipse Metals has announced an updated Mineral Resource Estimate (MRE) for its Grønnedal Rare Earth Element Project, built on a robust, multi-source dataset compiled under strict JORC protocols. This comprehensive and rigorous methodology, supported by extensive high-quality data collection—including new and historic drillholes—has led to a substantial increase in confidence regarding the project's resource potential. The updated MRE is expected to significantly influence market perception and project valuation, as it demonstrates a higher degree of geological understanding and de-risks the project for investors and partners.