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In The News | YaleGlobal Online

Coal provides about a third of the globe's primary energy needs, according to the World Coal Association, and India ranks third in coal production and consumption, after China and the United States. China produced six times as much coal than India in 2012, but is acting to reduce its reliance and develop alternatives.

Greenland passes bill to ban uranium exploration and mining

While the target year for net zero for most has remained at 2050, mining companies are becoming increasingly ambitious with their targets for short-term scope 1 and 2 emissions reductions targets. To give a full view of this area of the mining industry, GlobalData is offering you a free whitepaper, which offers a detailed analysis around the ...

Five Eyes alliance urged to forge ties with Greenland to secure

China controls about 90% of the supply of rare earths. ... It is natural for the Five Eyes to target Greenland for its mining and rare earth potential because two thirds of the 41 licence holders ...

IronBark Zinc appoints new Director to focus on Greenland mining

Kelly Strong, currently serving as Vice President for mining operations at Nyrstar, will take up the role as non-executive director as IronBark continues its transition into becoming a leading mining player. ... Ironbark has three projects in northern and eastern Greenland targeting base metals – the world class Citronen Zinc-Lead deposit ...

China to limit antimony exports from 15 September

In July 2023, China's Ministry of Commerce imposed restrictions on the export of gallium and germanium for national security reasons. That move, widely seen as a response to US restrictions on technology sales and transfers to China, targets key elements within the US supply chain, as per the Centre for Strategic and International …

China's Zijin Buys Ghana Gold Mine From Newmont for $1 …

(Bloomberg) -- Zijin Mining Group Co. has bought the Akyem gold project in Ghana for as much as $1 billion in cash as the state-owned firm looks to add resources to meet its aggressive output targets. The purchase from US-based Newmont Corp. will allow China's largest listed metals producer to ...

China buys shares in Greenland mining company

Australian Mining company Greenland Minerals and Energy Ltd (GME) announced in a stock exchange release on 23 September that China's Shenghe Resources company had bought 12.5% of the shares through a new share issue at a price of DKK23.5m ($3.5m). GME has calculated that about 270,000 tons of uranium are …

The tortuous path of China's win-win strategy in Greenland

In January 2018, China's leadership officially released its strategy for the Arctic through the publication of a white paper. The document presents a snapshot of the current status of the Arctic region, and it also illustrates collaboration opportunities that the region offers to the …

How long will Australia's mining exports to China last?

China, on the other hand, is the world's leader in lithium refining and processing, with around a 57% monopoly. Between January and June 2023, Australia's sales of lithium to China reached a combined value of $11.7bn. As with the iron ore trade, the Australia-China lithium trade needs fit together like a key in a lock. The trade only …

China growing uneasy over Greenland's rare earth ambitions

The Asian giant produces 95% of the world's Rare Earth Elements (REE) supply – a fact that has caused much unease among US law makers – and has never had to face any real contenders, until now.

Conico to acquire Longland Resources' …

Australia's Conico (ASX: CNJ) has signed a conditional binding term sheet to acquire of England registered Longland Resources in consideration for 120 million shares in Conico.

Mining firms from China to Canada watch as Greenland …

COPENHAGEN, April 20 (Reuters) – With melting ice expanding access to the Arctic, investors from China to Canada are watching Greenland's election next week for signs of the political will to ...

Chinese firm unlikely to develop $2 billion Greenland iron …

A Chinese mining firm that took over a planned $2 billion iron ore mine project in Greenland is unlikely to develop it as long as iron prices remain low, Greenland's finance minister told Reuters.

Greenland's minerals to consolidate China's rare earth …

European energy independence, or if REE mining in Greenland will galvanize the almost exclusive China dominated production and market. In early September 2020, Tanbreez …

China Targets Greenland for Mining | YaleGlobal …

About 3,000 Chinese workers would be sent to Greenland for the establishment phase – a contentious issue between London Mining and Greenland's state resource department today. The Chinese would …

Chinese-linked Australian mining company sues Greenland …

The US, China and the EU are all likely to watch closely as a battle over one of the world's largest deposits of rare earths is taken to court. Australian-owned Greenland Minerals A/S wants a mining license, or compensation of up to $11.5 billion for lost revenue. One of the world's largest deposits of rare […]

isua project greenland china

A new Cold War: mining geopolitics in the Arctic circle ... Isua is a proposed iron mine that sits at the edge of Greenland's ice cap. The project was previously held by London Mining, who won an exploration licence in 2005 and a 30-year mining licence in 2013, but declared bankruptcy in 2014.

Five Eyes alliance urged to forge ties with Greenland to …

China controls about 90% of the supply of rare earths. ... It is natural for the Five Eyes to target Greenland for its mining and rare earth potential because two …

Neo agrees to buy Greenland rare earth project from Hudson

Neo will buy the Sarfartoq project for a total of $3.5 million, contingent on the Greenland government approving the transfer of the licence for the project, the companies said in a statement.

Bluejay secures two new mineral exploration licences in Greenland

While the target year for net zero for most has remained at 2050, mining companies are becoming increasingly ambitious with their targets for short-term scope 1 and 2 emissions reductions targets. To give a full view of this area of the mining industry, GlobalData is offering you a free whitepaper, which offers a detailed analysis around the ...

The pure graphite rush in Greenland

This de facto ban has negatively affected the exploitation of the Kvanefjeld rare earth element project, which has had to remove uranium as a mining target at the mine, and questions such as these will need to be answered as Greenland looks to balance mineral exploitation and environmental protection.

Green shoots: can mining produce economic …

Compares the operational decarbonization progress to date for leading mining companies; Benchmarks the targets for reducing scope 1 and 2 emissions, and net zero carbon emissions ... which could cause …

Greenland cancels General Nice's Isua iron-ore project licence

Greenland has reportedly withdrawn the licence of China-based coal mining firm General Nice for the Isua iron-ore project. MT. ... considerable progress has been made by mining companies in terms of setting emission reduction targets and net zero goals and, more recently, outlining their decarbonization pathways. ... General Nice …

Greenland ready for its mining close-up, but …

"The Chinese mining community saw Greenland as interesting, and several state-owned and state-controlled enterprises showed an interest for both mines and infrastructure," Zeuthen said. "In …

Greenland signs MoU with Chinese firm for Kvanefjeld project

While the target year for net zero for most has remained at 2050, mining companies are becoming increasingly ambitious with their targets for short-term scope 1 and 2 emissions reductions targets. To give a full view of this area of the mining industry, GlobalData is offering you a free whitepaper, which offers a detailed analysis around the ...

Chinese investments in Greenland

Of all China's shipping, investment and scientific exploration activities in the Arctic, Chinese investments in Greenland have become the most controversial issue. For Washington DC, Copenhagen, and the IA Party that won the Greenlandic general election in April 2021, China's political influence and the environmental impacts that might come ...

Greenland rare earths: what's the hold up?

Compares the operational decarbonization progress to date for leading mining companies; Benchmarks the targets for reducing scope 1 and 2 emissions, and net zero carbon emissions; ... Another hurdle for Greenland is China's unavoidable presence in the rare earth sector. In January last year, China made the decision to drop export quotas …

Chinese investments in Greenland

Greenland is important to Denmark's position in international politics, and it has become an arena of increasing competition between great powers. Of all China's …

Brazilian iron ore could be key to China's decarbonization targets

Brazilian iron ore could be key to China's decarbonization targets Of the 388 million tons of iron ore Brazil exported last year, 64 percent went to China, with 76 percent coming from Vale. ... Most importantly, Brazilian mining giant Vale believes it has the ideal solution for reducing emissions from the global steel industry, according to ...

Greenland's new government opposes China …

07 April 2021 12:57pm. A Chinese-backed plan to exploit one of the world's biggest supplies of rare earth minerals in Greenland faced the axe on Wednesday after the country elected a new ...