Asian, European Firms Circle Greenland Uranium and Rare Earth Element Mining Project
Click to see Wall Street Journal speaks with Executive Director, about production from Kvanefjeld to begin in early 2016. Mr. Mair says A pre-feasibility study for the project is expected to be completed by early April, and an application for a mining permit is likely to be made late in the year or early 2013. GMEL may also seek a secondary listing in future, likely tied to a significant capital raising. Toronto would be a natural place to list given investor interest from North America, although the company has also considered Hong Kong.