Antinuclear

Melting permafrost leads Australian uranium company to exploit Greenland

Asian, European Firms Circle Greenland Mining Project, WSJ, By Robb M. Stewart, FEBRUARY 22, 2012, In one of the world’s coldest climates, competition to develop a future source of uranium and rare earths is heating up…. The impact of climate change has made mining in Greenland easier by melting permafrost, while the island’s growing autonomy from Denmark has enabled officials to award more exploration licenses….

The government of Greenland late last year amended the Perth-based Greenland Minerals & Energy company’s exploration license to include uranium, the first such permit for the nuclear fuel on the island. According to John Mair, the company’s executive director of business development, an attractive option as a strategic partner would be a consortium interested in rare earths as well as uranium…. http://blogs.wsj.com/dealjournalaustralia/2012/02/21/asian-european-firms-circle-greenland-mining-project/

February 23, 2012 - Posted by Christina Macpherson | business, uranium, Western Australia