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Grangex's Geopolitical Gambit & Greenland's Genesis
Swedish mining company Grangex announces strategic partnership alongside Anglo American supporting Sydvaranger iron ore mine restart in northern Norway. The collaboration addresses European Union critical raw materials strategy, enhancing regional supply chain resilience & geopolitical resource security. The deposit contains substantial magnetite reserves suited for hydrogen-based green steel production, positioning the project strategically as European steel producers pursue decarbonization initiatives requiring premium feedstocks from stable jurisdictions.
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