Greenland Open uranium prices of rare earth approved 2.3 billion iron ore project in English

According to reports, the Danish parliament on the 25th autonomous Greenland after the vote , the abolition of the implementation since 1988 of radioactive uranium and rare earth mining ban , while London Mining Company was allowed a period of 30 years at the local , worth $ 2.3 billion in large-scale iron ore mining project . Analysis refers to the further opening of Greenland mining market, the future will attract more investors to invest in China and Australia .

Greenland mining law passed last year , this is the first large-scale mining license granted . Mine is located 150 kilometers outside the capital, Nuuk in Greenland Ys China , the annual production is expected to reach 1,500 tons. London Mining will seek joint venture tender , the company issued a statement refers to high-quality iron ore mine is sitting on , and through the annual export of Greenland deep-water port .

London Mining will recruit 3,000 people in three years, construction workers , would mean that only 5.6 million inhabitants of Greenland, a sudden population increase of 5% . Since the company in 2010 , said if Chinese construction enterprises involved in the project will help reduce costs.

Minister of Industry and Mining in Greenland Gierke high describe this grant iron ore project in Greenland moment in history, but also the local biggest commercial projects, employment and income will have an extremely positive impact .

Obtain autonomous status of Greenland in 2009 , the local politicians have been hoping for greater autonomy and eventual independence , through the development of mineral and petroleum industries , reducing dependency Denmark . However, closer political relations between Denmark and the United States , even with the U.S. Air Force base in northern Greenland , the United States worried about Greenland Dan bilateral economic tendencies China .

Denmark for Greenland 's defense and security is still a say , to allow foreign uranium mining should be subject to the Danish Parliament was passed . Funds owned by the Australian " Greenland Minerals and Energy Company " earlier in Greenland may be found outside of China 's largest rare earth deposits. Danish Institute for International Studies scholar Vestergaard said that Denmark and Greenland ongoing legal consultation with an estimated 2015 mining difficult .


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