Issued on behalf of Greenland Mines Ltd With its latest investment, a Nasdaq-listed developer is betting that owning the processing and conversion layer — not just the rock in the ground — is where Western critical-materials security will be won. SAN FRANCISCO , June 16, 2026 /PRNewswire/ -- Equity Insider News Commentary — The race to secure critical minerals for the West has, until recently, been told almost entirely as a mining story: who can dig the rare earths, the magnet metals, the battery inputs out of the ground in jurisdictions that are not China. But a more sophisticated understanding is taking hold — that the real chokepoint is rarely the rock itself. It is the midstream: the refining, processing, and conversion capacity that turns raw ore into usable materials. China's dominance of critical minerals is, above all, a dominance of processing. And so the most strategically interesting companies are increasingly those moving to own not just deposits, but the industrial machinery that gives those deposits value. Companies mentioned: Greenland Mines Ltd (Nasdaq: GRML ), MP Materials Corp. (NYSE: MP ), Critical Metals Corp. (Nasdaq: CRML ), Energy Fuels Inc. (NYSE American: UUUU), NioCorp Developments Ltd. (Nasdaq: NB ) That is precisely the shift Greenland Mines Ltd (Nasdaq: GRML ) signaled with its latest move. On June 16, 2026, the company announced a strategic share-exchange investment in AnorTech Inc. (TSX Venture: ANOR) (OTCQB: ANORF ), a Greenland-focused technology and resource developer advancing sustainable alumina, high-purity alumina, and CO2-free cement from its wholly owned Gronne Bjerg anorthosite project. The deal gives Greenland Mines an initial 9.9% stake, with an option to increase to as much as 19.9%, and — more importantly — extends the company from upstream resource exposure toward the midstream processing segment it sees as the next frontier of value capture in its broader "North Atlantic Critical Metals Corridor" strategy. The Move Into the Midstream The logic Greenland Mines articulated is the heart of the story. "This investment expands Greenland Mines beyond upstream resource exposure and moves us closer to the midstream segment of the critical materials value chain, where strategic bottlenecks and value capture increasingly sit," said Bo Møller Stensgaard , Ph.D ., President of Greenland Mines. He framed it as a direct extension of the company's corridor vision — linking advantaged Greenland resource assets with industrial processing opportunities in allied jurisdictions such as Iceland or North America — "while adding exposure to sustainable alumina and other advanced materials that we believe can become strategically important to Western supply chains." The target is differentiated. AnorTech is developing a proprietary process to produce sustainable smelter-grade alumina and high-purity alumina from anorthosite — a process designed to eliminate the bauxite-residue tailings that plague conventional alumina production and instead generate saleable byproducts such as amorphous silica and calcium-based industrial materials. The company filed a U.S. provisional patent covering the process in February 2025, and has extended the platform into adjacent product lines including CO2-free refractory cement, 3D-printable cement, and alumina-based catalysts. To support pilot-plant testing, AnorTech has shipped a bulk sample of crushed Gronne Bjerg anorthosite to Ontario, Canada, and is advancing its alumina and cement R&D programs from that material. Alumina and aluminum, Greenland Mines notes, sit at the center of multiple industrial and security-relevant value chains — chains whose conventional supply remains exposed to concentrated sourcing, logistics risk, and mounting environmental pressure. There is a notable historical thread connecting the two companies. AnorTech previously owned and operated the Sarfartoq rare earths project — the same Greenland Nd-Pr asset Greenland Mines recently agreed to acquire — and AnorTech President Jim Cambon pointed to that lineage in welcoming the deal, citing his company's 24 years of Greenland development experience and its "leading-edge alumina technologies." In other words, this is not a cold transaction between strangers; it deepens a relationship between teams with overlapping Greenland history. The Platform Behind the Headline To understand why the AnorTech stake matters, it helps to see the platform Greenland Mines is assembling. The Nasdaq-listed company — which adopted the GRML ticker in March 2026 — now describes itself as spanning two operating divisions: a mining business and a biotech business. The mining division is anchored by the company's flagship Skaergaard Project in southeast Greenland, one of the largest undeveloped palladium-gold-platinum deposits in the world, with a 2022 NI 43-101 mineral resource (by SLR Consulting) of 25.4 million ounces of palladium-equivalent and 23.5 million ounces of gold-equivalent across the indicate