"GGG Kvanefjeld Multi-Element Mine Development Greenland - Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.
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Greenland Minerals and Energy Limited (GGG) is planning to undertake the Kvanefjeld Multi-Element Mine project in Kvanefjeld, South Greenland.
The project involves the development of an open pit mine. It includes the construction of a processing plant, a port, mine accommodation, tailing facility and roads connecting the parts of the project.
It is planned to be developed in two stages, namely a concentrator stage and a refining stage.
The concentrator stage is capable of producing 3 million metric tonnes per annum (MMTPA) with an investment of US$450 million, while the refinery, to produce marketable rare-earth elements and uranium products with an investment of further US$360 million.
On December 9, 2010, GGG was given permission to conduct feasibility studies for the project. In March 2011, the company released its latest resource estimate for Kvanefjeld project.
The latest resource estimate was generated by SRK Consulting. Orbicon has been appointed as environmental consultant to undertake Environmental Impact Assessment (EIA) study for the project.
In March 2014, Greenland Minerals and Energy signed a memorandum of understanding (MoU) with China Non-Ferrous Metal Industrys Foreign Engineering and Construction (NFC) over the Kvanefjeld multi-element project.
On April 7, 2015, a second MoU was signed with China Non-Ferrous Metal Industrys Foreign Engineering and Construction (NFC) over the Kvanefjeld multi-element project.
In November 2015, the Greenland government approved the public pre-hearing White Paper, and Terms of Reference (ToR) for the proposed project.
In December 2015, a mining license application was handed over to the Greenland Government for the project implementation.
In April 2016, the updated feasibility study was released.
Planning activities are underway.
The project involves the development of an open pit mine in Kvanefjeld, South Greenland.
The US$832 million project includes the following:
1. Construction of a processing plant
2. Construction of a port
3. Construction of mine accommodation
4. Construction of tailings facility
5. Construction of access roads
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