Anortech Confirms Deep-Water Port Site at Gronne Bjerg Anorthosite Project, Greenland

Anortech Inc. (ANOR) has completed a bathymetric survey at its Gronne Bjerg anorthosite project in Greenland, confirming that water depths are suitable for loading Panamax-class bulk carriers with capacities of up to 80,000 DWT. The survey measured a minimum depth of 15 meters at low tide within 20 meters of the shoreline at the preferred port location. Because the anorthosite body extends directly to the shoreline, the site enables direct loading, which reduces handling costs. This data will be incorporated into the Terms of Reference for the upcoming exploitation license application. The logistics model supports supplying smelter-grade and high-purity alumina to North American and European markets.

Anortech Inc. (ANOR) announced the validation of a critical logistical component for its Gronne Bjerg project: a deep-water port located adjacent to the resource. This development follows the initial identification of a port site in October 2025 and confirms the project's feasibility rather than introducing a new catalyst.

The port enables the direct loading of large-tonnage vessels, a move that lowers shipping costs and reduces the project's environmental footprint. While the update is expected and aligns with management's goal of securing an exploitation license in 2026, it carries no immediate revenue or cash flow impact. Financially, the change is neutral to positive in the long term due to reduced logistics costs.

Anortech Inc. (ANOR) is a critical minerals developer focused on its 100%-owned Gronne Bjerg anorthosite project in Greenland. The flagship project is located 80 km northeast of Nuuk, featuring open tidewater access and adjacent hydroelectric potential.

The company aims to produce zero-waste smelter-grade alumina (SGA), high-purity alumina (HPA), CO2-free refractory cement, and lunar construction materials. Anortech has filed a U.S. provisional patent for its sustainable SGA/HPA process and shipped 15 tonnes of anorthosite to Ontario for pilot plant testing. The project aims to supply feedstock for alumina plants in North America and Europe, leveraging a proprietary zero-waste technology.