www.ggg.gl
Greenland Minerals and Energy Ltd, is a mineral exploration and development company, focused on unlocking the mineral riches of Greenland, one of the world’s last natural resource frontiers. Our aim is simple; to identify large mineral deposits with the potential to underpin long term, economically robust mining operations. This is achieved through technically-focused exploration, aggressive resource development programs, and a strong understanding of the fundamentals that drive the business of mineral exploration and development globally.
Our flagship project is Kvanefjeld, a multi-element deposit located near the southwest tip of Greenland. Through focused exploration, Kvanefjeld is rapidly growing to become one to the world’s largest undeveloped deposits of rare earth elements, uranium and naturally occurring sodium fluoride, commodities with long term forecasts for strong demand increases.
Greenland Minerals and Energy: beneficiation circuit delivers high grade low mass rare earth concentrate
Greenland Minerals and Energy (ASX: GGG) which is fresh from a transformative move to 100% of the Kvanefjeld multi element project in August, has now delivered a technical breakthrough in the area of mineral beneficiation.
Studies demonstrate that not only are the Kvanefjeld resources extensive, but the minerals are fundamentally amenable to concentration, allowing for efficient and cost effective rare earth element and uranium extraction.
Through a simple flotation step, the ore is transformed into a much higher-grade mineral concentrate that constitutes less than 15% of the original mass.
Importantly, test work demonstrates total rare earth oxides (TREO) grade increases of greater than ten times, which is a very high upgrade ratio within the specialty metals sector.
The method has now been successfully piloted under continuous operation to produce a bulk mineral concentrate, with this concentrate now being tested to establish the most favourable downstream leach solution chemistries.
The outcome from the effective beneficiation provides a major downsizing of hydrometallurgical leach circuits, and is anticipated to lead to significant reductions in overall capital and operating costs.
Kvanefjeld hosts 6.6 million tonnes of TREO as defined by internationally recognised standards, 350 million pounds uranium and 3 billion pounds of zinc.
The next step - fast tracking test work
Moving the project forward quickly, Greenland Minerals is now fast tracking test work to identify the most suitable leach chemistry for the mineral concentrate.
The outcome will be an increased news flow from the company, with results to be released over the coming months, along with further enhancements to the beneficiation circuit.
The technical advances are in line with the company's current focus of identifying and delivering the optimal development scenario for the project.
