In another blow for the olivine market, Swedish minerals group Minelco A/S – subsidiary of iron ore producer LKAB – has revealed it intends to close its 2m. tpa capacity olivine mine in Seqinnersuusaaq, west Greenland, before the year’s end.
“Based on [evaluations conducted] we have decided to shut down the olivine mine located in the mining site of Seqi in Greenland,” Ingela Olsson, communications manager for Minelco, told IM....