Industrial Minerals


Europe seeks more leverage over Greenland mineral projects

20 June 2012


Letter of Intent seeks stronger EU-Greenland cooperation over mineral resources

Keywords: Greeland, EU, UK, Denmark, rare earths, policy

By Keith Nuthall

 

The European Commission and Greenland have signed a letter of intent (LOI) that could increase the role of European Union (EU) industrial mineral companies in the development of Greenlandic mineral resources, including rare earths.

 

EU industry Commissioner Antonio Tajani and development Commissioner Andris Piebalgs have struck a deal with Greenland Prime Minister Kuupik Kleis over future EU involvement in exploration and exploitation.

 

The resulting LOI exploits Greenland’s constitutional links to the...