Greenland Resources Joins Robotic Mining Project, Receives EU Grant
Greenland Resources (MOLY.TO) has entered into an agreement with the Lulea Tekniska Universitet of Sweden and 12 other participants to join a project that aims to develop autonomous robotic systems to help develop the Malmbjerg project in Greenland, according to a Thursday news release.Under the agreement, Greenland Resources will receive a non-repayable EU grant of 489,125 euros from Horizon Europe to conduct applied research and implementation work over a four-year period.The aggregate grant of the project for all participants is 7.1 million euros. The project is called Beyond Outreach: Robotised Exploration and Mining in the Arctic Subsurface, or BOREAS.The BOREAS project will deploy fleets of autonomous aerial and ground equipment as robots or add robotic control and capabilities to existing operating equipment with advanced sensors that could be used for various applications in the Malmbjerg project.The robots can potentially undertake mapping and monitor open pit mining activities during dark and inclement winter operations to assist with the geotechnical components of mining operations, among other activities.The enhanced data and information systems will guide operations and promote increased recoveries of the mineral resource as well as environmental compliance.
