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Greenland Minerals and Energy appoints Wenting Chen to the board

Published: 04:00 13 Dec 2016 GMT

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Greenland Minerals and Energy appoints Wenting Chen to the board

The appointment follows the completion of Shenghe’s acquisition of a 12.5% interest in GMEL.

Chen joined Shenghe in early 2014 to lead the overseas investment department.

Tony Ho, chairman, commented: "On behalf of fellow directors, I welcome Ms Wenting Chen to the board.

"Wenting’s international commercial experience, competence and professionalism will serve to strengthen the board, as we work toward developing the Kvanefjeld rare earth project in Greenland.

"Her strong communication skills will be highly beneficial in assisting our future cooperation with Shenghe."

Shenghe is a leading rare earth company with experience in all parts of the rare earth industrial chain including mining, beneficiation, metallurgy, separation, downstream processing and marketing.


Broker attention

Greenland Minerals recently received a Speculative Buy recommendation and a A$0.23 per share price target from Perth-broker RM Research.

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