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Anortech Expands High-Purity Anorthosite Footprint At Gronne Bjerg Project In Greenland
Globenewswire· 2025-10-09 13:00
Core Insights - AnorTech Inc. announced exceptional results from the 2025 field program on the Gronne Bjerg Anorthosite Project in Greenland, confirming its potential as a significant source of high purity aluminum-bearing rock [1][5] 2025 Field Program Results - The exploration focused on mapping and sampling previously unexplored areas, confirming a continuous high purity anorthosite extending over 3.2 km in strike length, free from significant alteration or diking [2] Highlights - The strike length of the Gronne Bjerg anorthosite complex has been extended to over 4.2 km, with a deep-water port location identified adjacent to potential mining operations, enhancing logistical advantages [5] Environmental and Infrastructure Progress - Environmental baseline studies have been conducted, forming the foundation for the project's Environmental Impact Assessment (EIA), expected to be completed ahead of the 2026 exploitation license application [6] - Initial bathymetry studies have identified a potential deep-water port site only a few hundred meters from the mining area, which is anticipated to reduce capital costs and minimize the environmental footprint [6] Product Lines and Commercialization - AnorTech is advancing multiple product lines towards commercialization, including sustainable aluminum applications and CO2-free cement, with high purity anorthosite being ideal feed material [6][7] - A U.S. provisional patent was filed in February 2025 to protect the proprietary sustainable smelter grade alumina process, supporting pilot plant testing with bulk samples shipped to Ontario, Canada [8] Strategic Partnerships and Financial Position - The company is actively pursuing strategic partnerships with leading industrial groups to accelerate technology commercialization and holds a 5% carried interest in the Sarfartoq rare earth element project [9] - AnorTech is well capitalized, with over $2.1 million in working capital [9]