Member Info for Mullins58

Trump administration mulls stake in Greenland rare earth miner

https://www.mining.com/trump-administration-mulls-stake-in-greenland-rare-earth-miner/

Thanks to Jigger_1 on the Amaroq board for finding this:

https://www.gov.uk/government/news/uk-greenland-trade-deal-talks-resume

“Agreement will seek to strengthen cooperation on critical minerals and encourage further trade to boost economic growth and security, supporting the Plan for Change”

Eldur Olafsson, CEO of UK listed Amaroq Ltd, said:

“The resumption of talks is very good news for Greenland’s emerging mining sector and reaffirms the strategic importance of Greenland’s mineral resources to the global economy.

As the most active mining and exploration company in Greenland, including of critical metals such as copper and nickel, we look forward to collaborating with the UK to establish a sustainable supply chain for these essential materials.”

Ev , shares in issue, is still incredibly low for an AIM company. When we get the licences , the SP will motor.

Not a pump and dump.

4.70 / 16.6m

100m just gone through.

There isn't a single company perfectly matching that specific description; however, Stephenson Clarke Shipping is a prominent UK-based company with a very long history (founded in 1730), specializing in short-sea bulk cargo, including iron ore. Other large iron ore trading and logistics activities are dominated by global mining companies and shippers, rather than solely UK-based entities or those with a one-hundred-year legacy focused specifically on iron ore.

Several UK-based groups engage in the international trade and logistics of commodities, including iron ore. Notable examples include Javelin Global Commodities and Fujax, which are commodity marketing and trading companies with logistics and trading operations. IMI (International Materials) is another UK-headquartered firm focused on trading and managing logistics for iron ore products, cement, and other materials. For brokerage services in the iron ore derivatives market, Freight Investor Services (FIS) is a UK-based leader.

About the Amapa Project

The Amapá Iron Ore Project is a fully integrated operation in Brazil, comprising established mine, rail, port, and beneficiation infrastructure. It hosts a JORC-compliant Mineral Resource of 276 million tonnes at 38% Fe and a Proven and Probable Ore Reserve of 195.8 million tonnes at 39.34% Fe. In December 2024, an updated Pre-Feasibility Study confirmed the Project's ability to produce a 67.5% Fe direct reduction (DR) grade concentrate at a rate of 5.5 Mtpa. The revised flowsheet and mine plan resulted in a post-tax NPV (10%) of US$1.97 billion over a 15-year mine life, with pre-production capital investment of US$377 million. In August 2025 The Amapá Iron Ore Project reduced its C1 cash costs to US$27.28/dmt FOB Santana and US$55.46/dmt CFR China. Installation licence applications have been submitted, and once granted, will allow, subject to financing, the recommissioning of the Project.

International shipping and trading groups involved with iron ore include shipping companies like Genco Shipping & Trading and CMB.TECH, trading houses such as Petronet and IMI, and specialized brokers like Clarksons. These entities facilitate the global movement and exchange of iron ore, the key raw material for steel production, by providing shipping fleets, global trading networks, financing, and specialized brokerage services.

4.60 / 10.8m

I've tried finding out who they may be , no luck at the moment.

Jim , I think they are lining it up. ATB

Https://www.cadenceminerals.com/projects/investments/

Is massive.

4.87 / 4.1m

Good spot.

Https://www.msn.com/en-gb/money/other/oil-may-be-answer-to-data-center-power-demand-bofa-says/vi-AA1NIFjp?ocid=msedgdhp&pc=U531&cvid=68df7ae91b28400bb8b17ae8fa82b5c4&ei=17

0.019 / 135m

Unfortunately no spare cash at the moment, good luck.