Greenland Minerals

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Greenland Minerals Limited
TypeProprietary limited company
ASX: GGG
IndustryRare-earth minerals exploration
HeadquartersPerth, Australia
Key people
John Mair, MD
Anthony Ho, Chairman
Websitehttps://www.ggg.gl

Greenland Minerals Limited (ASX: GGG), formerly Greenland Minerals and Energy Limited,[1] is an Australian based, Chinese-owned[2] exploration company focusing on acquisition, exploration, and development of its license area over the northern ilimaussaq intrusive complex in Greenland. GGG currently aims at exploring of its flagship project, Kvanefjeld project, in Southern Greenland.[3]

Chinese shareholding[]

In 2016, a Chinese company, became the largest shareholder in Greenland Minerals Limited with a 11% share.[4]

Kvanefjeld project[]

The Kvanefjeld project is located near the southwest of Greenland consisting of multi-element deposit including rare-earth elements (REE), zinc, and uranium, within marginal phases of the ilimaussaq intrusive complex.[5] As at February 2015, the project has defined a total resource of 673 Mt @ 10,900 ppm TREO, 248 ppm U3O8, 10,000 ppm REO, 881 ppm Y2O3, 2,270 ppm Zn which contained 7.34 Mt TREO, 368 Mlbs U3O8, 1.53 Mt Zn using 150 ppm U3O8 cut-off. The project shows higher grade portions located close to the ground surface. GGG aims to produce light and heavy RE concentrates, zinc concentrate, uranium concentrate, large-scale output, and long life of mine in the project area.[5]

References[]

  1. ^ Change of Company Name 8 June 2018
  2. ^ Chinese Workers—in Greenland? 10 February 2013 BusinessWeek
  3. ^ "Greenland Minerals and Energy". Reuters. Archived from the original on 4 March 2016. Retrieved 21 June 2011.
  4. ^ Treadgold, Tim. "Trump Might Want to Buy Greenland But His Nemesis, China, Is There Before Him". Forbes. Retrieved 5 September 2019.
  5. ^ a b "Greenland Minerals Company Presentation - April 2011" (PDF). Retrieved 1 April 2011.

External links[]

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