Business Chief Europe Magazine May 2015 | Page 90

MINISTRY OF MINERAL RESOURCES , GREENLAND

“ The largest uranium deposits in the world are in Canada where the geological environment is exactly the same as in the Thule region of Greenland .”

– Henrik Stendal
Finkenaesset
Rubies in rock element , thorium , in the same deposits these sought-after elements – you can ’ t separate them without processing the uranium as well , and that was not allowed .
Greenland has 58 percent of the world ’ s REE outside of China and 65 percent of the ‘ heavy ’ rare earths , which are in shorter supply . GME ’ s Kvanefjeld resource and the adjacent Tanbreez project , which is not associated with uranium ,
90 May 2015