Minelco to close Seqi olivine

By Jessica Roberts
Published: Wednesday, 17 February 2010

World’s second largest olivine producer to shut down Greenland mine by November

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...

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