Greenland Minerals and Energy at Kuannersuit (Kvanefjeldet) will now be joined as a uranium investigator in South Greenland.
This comes after Tanbreez, which has so far been marketed as the 'pure' of the two rare earth projects, has found uranium in the licensed area at the foot of Killavaat Alannguat (Kringles), a few kilometres from Qaqortoq.
Read more about the project here.
According to the company's consultant Kuupik Kleist, former cabinet chairman of the uranium-critical IA, the controversial mineral is not planned. But Tanbreez, on the other hand, does not want to risk others trying to get permission to investigate the occurrence.
"This is due to the discovery of uranium deposits within our licensing area, where the intention is to extract rare earth elements. And since our raw materials legislation, as far as we understand it, there is no geographical exclusivity, we could run the risk that someone might – and there have been indications of this – applying for a licence within the territory of Tanbreez to extract uranium. To avoid that, Tanbreez has applied for the rights to it, Kuupik Kleist said.
"If two mining companies are on top of each other to exploit different minerals, big problems can easily arise. Tanbreez has applied for it solely to secure the area, Kuupik Kleist said.
