Sarfartoq Initial Assessment Reports High-Case Sensitivity of up to US$2.05 Billion Pre-Tax NPV

CHARLOTTE, N.C., Aug. 26, 2026 (GLOBE NEWSWIRE) -- American News Group News Commentary - The Western rare earth build has a sequencing problem that almost nobody states plainly: magnet plants and separation trains are being financed years ahead of the mines meant to feed them. Developing a Western rare-earth supply chain requires more than identifying a mineral deposit. Projects must advance through resource definition, metallurgy, engineering, environmental work, permitting, financing, and commercial arrangements before they can reach production. An Initial Assessment under SK 1300 is an early technical and economic study that can help frame a project’s potential development concepts and identify issues for further work. It does not establish financing, economic viability, Mineral Reserves, or a production decision. But the Initial Assessment study clears the first gate and it puts a project on a very short list. A study that clears it with a nine-year mine plan and a project that has never had one before puts it on a shorter list still. Companies mentioned in today’s commentary include: Greenland Mines Ltd. (Nasdaq: GRML), MP Materials Corp. (NYSE: MP), Perpetua Resources Corp. (Nasdaq: PPTA), Ucore Rare Metals Inc. (OTCQX: UURAF), and Almonty Industries Inc. (Nasdaq: ALM).