Global X Management Co is advisor to the exchange traded fund known as Global X Uranium ETF.
The ETF provides investors with access to a broad range of uranium mining companies and is one of very few ETFs with a primary focus on the uranium market.
Shares in Greenland Minerals are already up 88% in 2017.
Recently, the company formed a strategic relationship with a subsidiary of Shenghe Resources Holding Co Ltd (SHA:600392).
The fundamental objective of both parties is to develop the Kvanefjeld rare earth and uranium project in Greenland as a cornerstone to new supply networks.
Kvanefjeld is one of the world's most advanced rare earth and uranium projects with defined JORC compliant resources of over 1 billion tonnes containing 11.1 million tonnes of rare earth oxide and 593 million pounds of uranium.
Shenghe is a leading rare earth company with experience in all parts of the rare earth industrial chain including mining, beneficiation, metallurgy, separation, downstream processing and marketing.