Energy Transition Minerals (ETM) has reported that Greenland is unlikely to renew the exploration licence for its Kvanefjeld rare earths project, marking a significant setback for one of the world’s крупнейших неосвоенных месторождений критически важных минералов
The draft decision is linked to Greenland’s 2021 uranium legislation, which prohibits uranium exploration and extraction The law remains at the centre of ongoing legal disputes regarding its applicability to the Kvanefjeld project, which includes plans for a mine, concentrator, and refinery