Newssummary: Rare Earth Project Co-built by NFC and Greenland Minerals to Start Trial Run 2015

SHANGHAI, Mar.6 (SMM) – The rare earth project jointly built by China Non-ferrous Metal Industry’s Foreign Engineering and Construction Co. (NFC) and Australia’s Greenland Minerals & Energy Ltd. may start trial production this year, DZH News reported citing COO of Greenland Minerals.

The feasibility study of the project, located in Kvanefjeld and owning a polymetallic deposit, has been done and the Environment Impact Assessment will be completed in the third quarter, the COO said.

The report noted that Greenland Minerals acquired the project in 2007 and expects it to become one of the largest rare earth and uranium project and claim 20% of world’s rare earth supply.  
 

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