In Toronto, Greenland Resources Inc. (NEO:MOLY, FSE:M0LY) has signed an MOU with Hempel Metallurgical GmbH for molybdenum supply. Hempel is a key molybdenum provider for the German steel sector. The deal aligns with Greenland Resources' plans as per their NI 43-101 Feasibility study and existing offtake and roasting contracts. This strategic move solidifies the company's position in the molybdenum market.