Ruben Shiffman

Canadian Entrepreneur

[Ruben Shiffman @ShiffmanRuben]

@kushalba @kenwaldek not sure is so small but yes tonnage is not very big. However, it is strategically important because semiconductors require very clean moly, produced in the US and China, and China is a net importer.

[Ruben Shiffman @ShiffmanRuben]

@kenwaldek Thanks Kenny, very interesting..

[Ruben Shiffman @ShiffmanRuben]

$MOLY Today we announced our 2026 field program in East Greenland aiming to prepare for preconstruction and longer-term equipment deliveries, in line with the initial scope of work outlined in the recently produced project execution plan. Additionally, we announced an aggressive metallurgical program aimed at recovering magnesium and rare earth elements. We also provided an equity capex update but there is more to come 😎
#Greenland #Criticalminerals

https://t.co/d1EAZMjFNo

[Ruben Shiffman @ShiffmanRuben]

@deepvalue06 we are working on things

[Ruben Shiffman @ShiffmanRuben]

$MOLY Our Company believes in innovation. Today we announced an agreement with Luleå Tekniska Universitet of Sweden to join the BOREAS project that aims to develop autonomous robotic systems based on artificial intelligence, which can be utilized to support certain areas of the development of the Malmbjerg project in Greenland. In addition, we receive a non-repayable EU grant from the European Union under a Horizon Europe program 😎
#Greenland #Criticalminerals #Innovation
https://t.co/KRWnTZQ3hV

[Ruben Shiffman @ShiffmanRuben]

@kushalba its actually EUR 7 million that are going into the Malmbjerg project overall in this program aiming to optimize opex...

[Ruben Shiffman @ShiffmanRuben]

BOREAS project (https://t.co/4U61tvHDhs)

[Ruben Shiffman @ShiffmanRuben]

$MOLY Today we announce a pre-approval for €50 million from the EIC Step Up program, which is part of Horizon Europe, the European Union key funding program. The terms of the transaction will be negotiated upon the final investment decision and will consider NPV parameters. The Company anticipates further announcements regarding equity financing 😎
#Greenland #Criticalminerals

https://t.co/zrom1yZzyg

[Ruben Shiffman @ShiffmanRuben]

@kenwaldek Today is a binding pay or take offtake 8 years. Scandinavian steel is MOU non binding

[Ruben Shiffman @ShiffmanRuben]

$MOLY Today we announced a binding eight year off-take agreement with SSAB, a Nordic and US-based steel producer headquartered in Sweden. The company is a leading producer of advanced high-strength steels providing solutions to the defence, automotive, infrastructure and energy industries. The off-take agreement provides an established price floor and price ceiling and will allow SSAB to secure high quality low carbon emission ferromolybdenum extracted in Greenland and refined in Belgium. More to come..😎
#Greenland #Criticalminerals #Sweden #Finland #UnitedStates

https://t.co/81kE7lOs7H

[Ruben Shiffman @ShiffmanRuben]

$MOLY Today we announced the signing of an agreement for long term molybdenum supply with German Dillinger, Europe’s leading producer of heavy plate for highly demanding applications such as defence, automotive, wind turbines, construction and more. The Company has been in operation for over 300 years and was the first publicly traded company in Germany. This partnership solidifies our dominant position in the German market. 😎
#Greenland #criticalminerals #Canada #Germany

https://t.co/0ZBCUwS0r4

[Ruben Shiffman @ShiffmanRuben]

@deepvalue06 more we think.. we will press release when there is a relevant event

[Ruben Shiffman @ShiffmanRuben]

$MOLY The government of Canada has announced a significant investment of $35 billion aimed at enhancing defence, resources, and more in the Arctic, in collaboration with Germany. This ambitious plan underscores the commitment to addressing critical issues in the region, including the development of critical minerals. Over 90% of all metallic components for defence including carbon steels require moly😎 #Greenland #criticalminerals #Canada #Germany

https://t.co/IlpJc3CXnD

[Ruben Shiffman @ShiffmanRuben]

@deepvalue06 yes

[Ruben Shiffman @ShiffmanRuben]

@BambroughKevin Thanks Kevin, more to come..

[Ruben Shiffman @ShiffmanRuben]

$MOLY Today during #PDAC2026, we signed a non-repayable grant of $7 million with the Hon. Minister of Energy and Natural Resources of Canada, Tim Hodgson, alongside the Minister for Business, Mineral Resources, Energy, Justice and Gender Equality, Naaja H. Nathanielsen. This agreement follows our January 30, 2026 press release, where we indicated that we expect to start announcing capex equity financing in Q1-2026 regarding our discussions with the European Commission, three national governments, one offtaker, and one commercial bank.😎
https://t.co/DgmAFBuBph

#Greenland #criticalminerals