Greenland Resources Inc. Signs MOU with Dillinger for Molybdenum Supply
Greenland Resources Inc. has announced a significant step forward in its strategy to support global critical mineral supply chains, confirming the signing of a memorandum of understanding (MOU) for long-term molybdenum supply. The agreement is with ROGESA Roheisen-und Rohstoffgesellschaft Saar mbH, a joint subsidiary of two major European steel producers—Dillinger and Saarstahl.
This development builds on momentum from late 2025, when the European Commission introduced its RESourceEU initiative aimed at strengthening Europe’s access to critical raw materials. As part of that announcement, Greenland Resources’ Malmbjerg molybdenum project in Greenland was highlighted as a priority project, underscoring its strategic importance to Europe’s industrial and energy future.
The newly signed MOU lays the groundwork for a long-term supply agreement involving multiple molybdenum products, including ferro-molybdenum, molybdenum oxide, and briquettes. These materials will be produced from ore extracted at the Malmbjerg project in Greenland and refined in Belgium before being supplied to European steel manufacturers. This cross-border supply chain reflects a collaborative effort to ensure stable access to essential raw materials while maintaining high environmental and sustainability standards.
Through this agreement, Dillinger and Saarstahl will gain access to a reliable and responsibly sourced supply of molybdenum, a critical alloying element used to enhance the strength, durability, and corrosion resistance of steel. Importantly, the supply is expected to meet strict sustainability criteria, including relatively low Scope 1 and Scope 2 emissions, due to the project’s location in an EU-associated region and its adherence to modern environmental practices.
Dillinger, formally known as Aktien-Gesellschaft der Dillinger Hüttenwerke, is a leading producer of heavy steel plate used in demanding applications. Its products are widely utilized in industries such as oil and gas transportation, offshore energy exploration, wind turbine manufacturing, boiler construction, and large-scale infrastructure projects. Similarly, Saarstahl specializes in long steel products designed for high-performance applications, including automotive manufacturing, construction, power engineering, and mechanical engineering. Both companies play a vital role in supplying materials to strategic sectors such as renewable energy, sustainable mobility, and defense.
The importance of this agreement is further underscored by Europe’s growing demand for molybdenum. The European Union is currently the second-largest consumer of molybdenum globally, with extensive processing capabilities but no domestic extraction. This imbalance has made the region heavily dependent on imports, creating vulnerabilities in supply chains—particularly for industries that rely on high-performance materials.
Molybdenum is especially critical in defense applications, where it is used to strengthen steel and improve resistance to extreme temperatures and stress. In fact, more than 80% of metallic materials used in defense systems—including carbon and stainless steels—require molybdenum as an alloying component. This makes secure access to the metal a strategic priority for governments and industries alike.
Within the EU, Germany stands out as the largest consumer of molybdenum. The country has classified the metal in the highest risk category—“Category 3”—on its Criticality List of strategic raw materials. This designation reflects concerns about supply security and the potential impact of disruptions on key industries. Ensuring a stable and diversified supply of molybdenum is therefore essential for maintaining Germany’s industrial competitiveness and resilience.
The agreement between Greenland Resources and ROGESA also aligns with broader international efforts to strengthen critical mineral supply chains. In recent years, governments have increasingly recognized the need to collaborate on securing access to essential resources. Notably, Canada—which also lists molybdenum as a critical mineral—has taken steps to deepen cooperation with European partners. In Berlin last year, Canada and Germany signed a Joint Declaration of Intent aimed at enhancing collaboration on critical minerals, including exploration, production, and supply chain development.
Greenland Resources’ Malmbjerg project is well positioned to contribute to these efforts. Located in Greenland, the project is one of the largest undeveloped molybdenum deposits globally and is expected to play a key role in supplying the European market. By developing this resource, the company aims to reduce Europe’s reliance on imports from more distant or less stable regions, while also supporting the transition to more sustainable and secure supply chains.
The MOU represents an important milestone, though it is not yet a binding supply agreement. Instead, it establishes a framework for future negotiations and collaboration between the parties. By outlining key terms and intentions, the agreement paves the way for a long-term partnership that could deliver significant benefits for all stakeholders involved—from mining and refining to steel production and end-use industries.
For Greenland Resources, the deal reinforces its position as a strategic supplier of critical minerals and highlights the growing importance of its Malmbjerg project on the global stage. For Dillinger and Saarstahl, it provides a pathway to secure a stable, high-quality source of molybdenum that meets both operational needs and sustainability goals.
Overall, the agreement reflects a broader shift toward regional collaboration and supply chain resilience in the face of increasing global demand for critical materials. As industries continue to evolve—particularly in areas such as renewable energy, infrastructure, and defense—the importance of secure and sustainable access to resources like molybdenum will only continue to grow.
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