Greenland Minerals Ltd (ASX:GGG) has been notified by Greenland’s Environmental Agency for Mineral Resources Activities (EAMRA) that the environmental impact assessment (EIA) review process for its world-class Kvanefjeld Rare Earth Project in Greenland is near completion.
EAMRA also indicated that there would be a minor delay to the scheduled completion date but clarified that this was not because of any unexpected issues with the EIA.
The Danish Centre for Environment (DCE), EAMRA’s main advisor who is undertaking the review, aims to complete the review as soon as possible in accordance with their quality assurance framework.
EAMRA emphasised that there had been very positive collaboration during the review-revision process and reiterated that the company had supplied all necessary material for finalising the review.
Greenland Minerals has been advised that the process is expected to be concluded in mid-September.
The company will update on the timing of a public consultation period following the completion of the EIA review process and translations.
Kvanefjeld is one of the most significant and advanced emerging rare earth projects globally and is unique with respect to its favourable metallurgy and forecast production profile across all commercially important rare earths.
The project is near existing infrastructure in southern Greenland with year-round direct shipping access to the project area.