Greenland Minerals AS Kvanefjeld Project Social Impact Assessment - Non-technical summary - English - December 2020
Country
Year
2020
Summary
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 rare earths project (Project), in 2007. In 2011 GML acquired the balance of GMAS and thereby assumed 100 % control of the Project.
GML proposes to develop a mine and integrated minerals processing facilities at Kvanefjeld. In addition to producing significant quantities of rare earth (REE) products, the Project will also produce small but commercially valuable quantities of uranium concentrates, zinc concentrates and fluorspar.
A social impact assessment provides the basis for analysing, monitoring and managing the social impacts of a planned development. This document (the SIA) describes how the Project has been designed to minimise its adverse impacts and maximise its benefits to society.
The SIA has been prepared in accordance with the Social Impact Assessment (SIA) - Guidelines on the process and preparation of the SIA report for mineral projects (MIE, 2016).