China US Uk sweden etc etc all have mining companies in australia, australia has companies all over the world we have companies like pdn with uranium in africa or EXT the list is endless...nothing new there.
Do a google on westrip who are in the top 2 biggest GGG shareholders and i said the danish pension fund is a major holder too
They have the greenland links anyway ie
Dr Hans Kristian (Hank) Schønwandt, PhD
Non-Executive Director
As head of the Department of Economic Geology he streamlined the Geological Survey’s service to the mining industry by a number of initiatives including a mineral database, core library, and a quick presentation of survey data through the “Open file Report” and an archive for the mining industries assessment reports. He was technical adviser to the committee which recommended a modernisation of the Mineral Resource Act for Greenland in 1990, a modernisation which became the starting point of an increased mineral exploration activity in Greenland.
As associated professor Mr Schønwandt consulted for various mining companies in Greenland and elsewhere. He was a permanent consultant for the Nordic Mining Company Ltd on activities in Greenland and was also permanent consultant for Norsk Hydro Ltd’s Prospecting Department in Oslo, Norway where he was deeply involved in the discovery and development of porphyry molybdenum deposits in the Oslo Rift.
As deputy minister he was responsible for establishing the Bureau of Minerals and Petroleum (BMP) in Nuuk, Greenland and to advice the politicians in Greenland and Denmark on all aspects concerning the raw material sector. He took the initiative and was responsible for the authority’s strategy within the hydrocarbon and mineral sector which was approved by the government of Greenland and the government of Denmark in 2003 and 2004 respectively.
Mr Schønwandt retired in October 2005 and has subsequently been appointed to the board of Westrip Limited, and is a consultant to that company.
The rare earth component is worth double what the uranium resource is worth before the upgrade but i am unsure if the REE can be extracted without the uranium ie what will they do with the uranium?
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