GML is an Australian mining company based in Perth and listed on the Australian Securities Exchange. Greenland Minerals A/S (GMAS) is the Greenlandic subsidiary of GML and is headquartered in Narsaq.
GML acquired a majority stake in GMAS, the holder of the license to explore the Kvanefjeld REE project (the Project), in 2007. In 2011 GML acquired the outstanding shares of GMAS and thereby assumed 100 % ownership of the Project.
GML proposes to develop a mine and integrated minerals processing facility at Kvanefjeld. In addition to producing significant quantities of REE products, the Project will also produce, as by-products, small but commercially valuable quantities of uranium, zinc concentrates and fluorspar.
The Project is located within the Kommune Kujalleq, the Municipality of southern Greenland (Figure 1). The mine (the Mine) and processing plant (the Plant) will be located approximately 8 km to the north of the town of Narsaq with a new port facility (the Port) to be developed for the Project approximately 1 km to the west of Narsaq.