After seeing its Kvanefjeld rare earth project imperiled by a new government opposed to the mine being built, Greenland Minerals said today it is seeking consultation.
“[Greenland Minerals] intends to continue the public consultation process and will initiate a dialogue with the new Government when in place over the protection and enforcement of GGG’s legal position, rights and assets, including the right to be granted an exploitation licence,” wrote the company in a news release.
On April 6 the Inuit Ataqatigiit party won a snap election, and the new government’s leadership has publicly stated
a political intention to cease development of GGG’s Kvanefjeld rare earth project.
Greenland Minerals said it has been working at its Kvanefjeld project since 2007, and the company already received its Environmental Impact Assessment (EIA) and the Social Impact Assessment (SIA).
On its website, Greenland Minerals describes Kvanefjeld as a large-scale rare earth project “…with the potential to become the most significant western world producer of rare earths.” Over 1 billion tonnes of mineral resources (JORC-code compliant) have been delineated. The company also touted the project’s location, less than 10km from tidewater, with year-round direct shipping access.
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