News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service email:shxtb@163.com
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Greenland prepares legislation to halt large rare-earth mine

The date of: 2021-09-18
viewed: 10

source:Mining Weekly

Greenland's new government is preparing legislation that will ban uranium mining and cease development of the Kvanefjeld mine, one of the biggest rare earth deposits in the world, the country's Mineral Resources Minister said.

Kvanefjeld, owned by Australian mining firm Greenland Minerals and located near the southern town of Narsaq, contains a large deposit of rare earth metals but also radioactive uranium which locals fear could harm the country's fragile environment if extracted.

Greenland's left-leaning government, which came to power in April after campaigning against the development of Kvanefjeld, says it will ban the exploration of deposits with a uranium concentration higher than 100 parts per minute (ppm), which is considered very low-grade by the World Nuclear Association.

'What we know is that the background radiation in and around Narsaq is quite high, which means that the project will collide with the upcoming zero tolerance policy on uranium mining,' minister for mineral resources Naaja Nathanielsen told Reuters in an interview in the capital Nuuk.

Kvanefjeld was granted preliminary approval last year and was on track to gain final approval under the previous government.

Mining companies have been pushing for rights to exploit rare earth deposits in Greenland, which the U.S. Geological Survey says has the world's biggest undeveloped deposits of the metals used in everything from electric vehicle batteries to missiles.

A public hearing on the project ended this week. Greenland Minerals, in which Chinese partner Shenghe Resources has about a 10% stake, participated in community meetings in February, but did not attend meetings in August and September citing the political nature of the meetings.

Chief executive John Mair, whose company has spent more than $100-million preparing the project, told Reuters on Friday he believes his company still holds the 'valid right to pursue an exploitation licence for the project in compliance with Greenland laws.'

Locals worry that a potential lawsuit against Greenland will hurt its ability to attract investments in a nascent mining sector which they think is key to growing their economy.

Mair said it was too early to look at legal action, 'but as a public company, we must protect shareholder interests in the event a practical solution is not found.'

Nathanielsen said the government in 2013 put a clause in its contract with the company that states it 'has no claim to an exploration license and that a refusal can be given for political reasons.'

'We cannot issue guarantees against a lawsuit, but we believe that we stand quite well in a potential court case,' she said.

The new bill, which will also include the option of banning the exploration of other radioactive minerals such as thorium, will be passed in the autumn with backing of the Naleraq party, a coalition partner, Nathanielsen said. 



Hot News / Related to recommend
  • 2024 - 06 - 13
    Click on the number of times: 0
    source:IMC University of Applied Sciences KremsA research collaboration between BOKU Tulln and IMC University of Applied Sciences Krems is using the further development of bioleaching and bioaccumulat...
  • 2024 - 06 - 13
    Click on the number of times: 0
    source: Oak Ridge National LaboratoryWhen element 61, also known as promethium, was first isolated by scientists at the Department of Energy's Oak Ridge National Laboratory in 1945, it completed t...
  • 2024 - 06 - 11
    Click on the number of times: 0
    source:phys.orgA team of material scientists led by Jiang Li from Shanghai Institute of Ceramics, Chinese Academy of Sciences, in Shanghai, China recently reported (Tb1-xYx)3Al5O12 magneto-optical cer...
  • 2024 - 06 - 06
    Click on the number of times: 0
    source:Trinity College DublinA collaborative team of researchers has made a cracking discovery with the potential to make a significant impact in the sustainable recovery of rare earth elements (REEs)...
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.2020034223
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center
    犀牛云提供云计算服务