Greenland Minerals sets growth plan with chinese shareholder

21 August 2018

ASX listed Greenland Minerals has signed an MoU with major shareholder and Chinese global rare earths giant Shenghe, setting the framework for the commercialisation of the company's flagship Kvanefjeld project in southern Greenland.

The MoU covers the fundamental areas of the project's progression, being the product off-take and marketing of rare earth products produced by the venture.

Importantly, the partners have now developed an all-encompassing execution plan for the strategic development of the Kvanefjeld rare earths project moving forward.

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