• Licence renewal and reduction approved until 2027
• Greenland emerging as strategic supplier of critical minerals
• Permitting pathway de-risked with progress on assessments

Eclipse Metals Ltd (ASX: EPM) has announced that the Greenland government has approved the renewal and reduction of its exploration licence MEL 2007-45, now officially named Kamittalik, until 31 December 2027. The updated licence boundary has been redefined to avoid overlap with the Grønnedal military zone, ensuring clear regulatory and operational boundaries. This milestone represents significant progress in Eclipse's pathway to securing a mining licence for its rare earth element (REE) and polymetallic project in Southwest Greenland, a region of increasing global focus given its critical role in diversifying supply chains. The company has made ongoing progress on the Social Impact Assessment (SIA) and Environmental Impact Assessment (EIA), supported by favourable reviews, providing a clear path to public consultation and the subsequent issue of an exploitation licence application. Eclipse's Greenland projects are strategically positioned to contribute to secure and sustainable supply chains for critical minerals, as global demand for REEs intensifies. The company continues to collaborate with local and national stakeholders, including the military, and has implemented proactive environmental stewardship measures, aligning with Greenland's high standards.

With global demand for REEs intensifying, Eclipse's advanced position in Greenland provides exposure to a secure, Western-aligned jurisdiction at a time of heightened geopolitical competition.