Election result in Greenland could jeopardize Kvanefjeld project
Drillers at the Sorensen deposit, part of Greenland Minerals’ Kvanefjeld REE-uranium project on the southwest coast of Greenland. Credit: Greenland Minerals.
A snap election on April 6 focused on mining, fishing and the environment, saw Greenland’s Inuit Ataqatigiit (Community of the People party) secure 37% of the votes, giving it 12 seats in the 31-seat national assembly (Inatsisartut).
Inuit Ataqatigiit opposes the development of
Greenland Minerals’ (US-OTC: GDLNF; ASX: GGG) Kvanefjeld rare earths project, which would produce uranium oxide as a by-product. The Australian company’s major shareholder is Chinese-owned Shenghe Resources.
“We say no to uranium mining,” Mute Bourup Egede, Inuit Ataqatigiit’s leader, said in a statement to Greenland’s public broadcaster, KNR.