Greenland Minerals seeks mine consultation with new government
Australia-based Greenland Minerals says it will seek consultation with the Greenland government on the fate of its planned rare earth-uranium mine once the new government is in place, Kallanish reports.
The company says it intends to continue the public consultation process to June on its planned Kvanefjeld rare earth-uranium mine in southwest Greenland. It also says it “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 license,” Greenland Minerals says in a statement issued on Wednesday after an Australian trading halt was lifted.
The planned mine complies with all Greenland requirements and the company says it should be allowed to proceed on a project that was started in 2007, it says. The company has worked with all previous Greenland governments and stakeholders, it notes.
On 6 April, Greenland held an election for a new Parliament after the ruling coalition Greenland government had collapsed last February over the fight over the mine, resource development and environmental impacts. Two parties, Inuit Ataqatigiit and Naleraq, are forming a new coalition government that is opposed to the mine project.
Last December, the Environmental Impact Assessment and the Social Impact Assessment for the project were formally accepted by the Greenland government. A statutory public consultation that concludes 1 June, 2021, is underway. That began on 18 December, 2020.
The Kvanefjeld project is predicted to be a globally significant producer of all commercially important rare earth elements including neodymium, praseodymium, terbium and dysprosium over the 37-year life of the mine. It would also produce zinc and fluorspar.
Greenland Minerals says it will keep the Australian market informed of material developments in the mine project.
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