Increased Coverage

Seems like we are getting a lot more coverage at the moment in Greenland. This one below is old news for us but just uploaded on Sermitsiaq.

There is another about a lack of earthquake coverage in the EIA report. Typically you wouldn’t expect that anyway as open pit mines don’t cause much of an earthquake risk.

Kupersuit: Shenghe prepared to buy the entire production of rare earths

The minority shareholder in Greenland Minerals Limited is set to take away all that comes from rare earths from the mine at Kuannersuit


Ludvig Siegstad

READ OUT: Chinese company has an option of 60 percent of GME
In the letter of intent, Shenghe declares that it intends to acquire the total production of rare earths from the Kuannaersuit project. This has to be done at a price that is applicable in international markets.

At the same time, Shenghe is prepared to assist in the marketing and sale of rare earths, if there are still some that the company does not buy.

Shenghe and GML will now negotiate a binding agreement on this in place.