GreenX Metals aims to create long-term shareholder value by focusing on the exploration and development of sustainable critical mineral resources and is aligned with both the EU Critical Raw Materials Act and Germany’s Raw Materials Strategy.
The Company’s primary focus is the Tannenberg Copper Project in Germany which is highly prospective for sediment-hosted (Kupferschiefer type) copper deposits. The project is a large-scale, 1,900 km² brownfield licence located in the historic Richelsdorf Mining District, which produced over 416,000 tonnes of copper and 33.7 million ounces of silver before closure in the 1950s.
The Company also holds the Eleonore North Project in East Greenland, comprising four exploration licences covering approximately 2,100 km². The Project hosts the Noa gold-antimony prospect, the Margeries tungsten-antimony prospects, and Caledonian intrusions prospective for intrusion-related gold. Antimony and tungsten are both listed as critical raw materials by the EU and the US, with increasing strategic importance due to their use in defence applications, renewable energy technologies and battery safety systems.
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