Zinc project in Greenland receives Chinese backing
Ironbark’s Citronen base metal project in Greenland has the support of China Nonferous Metal Industry which signed a memorandum of understanding with the junior for potential funding of the zinc property.
Ironbark says Citronen is one of the largest zinc resources in the world. The company also touts the mining-friendly environment in Greenland.
China Nonferrous Metal Mining Group is a state-owned Chinese corporation with mines in Zambia, Mongolia and Thailand.
A delegation of government officials from Greenland toured the project with the Vice President of China Nonferrous Metal Industry’s Foreign Engineering and Construction, Mr. Qin Junman.
Ironbark is working towards a project study report in compliance with financing requirement of China’s bank. It will also incorporate Chinese equipment and construction costs into its feasibility study.
- Serbia will not allow the exploitation of lithium just to export it to other countries
- Construction at Adriatic Metals’ Vares high-grade silver project in Bosnia and Herzegovina is picking up speed
- North Macedonia, Central Asia Metals increases copper production
- Kazakhstan, KAZ Minerals increases copper production 26% in first nine 2022
- Modern mining companies are now going to more zero emissions and green eco-responsible extraction technologies
- What Are The Major Natural Resources Of Macedonia?
- How valuable is Kosovo’s mineral wealth?
- Serbia: deposits of gold and copper
- Serbia has the world’s largest lithium reserves
- New Bulgaria plant for casting of iron and steel
- Talas Gold Mining Complex in Kyrgyzstan launched
- Who are the main players in the ore exploration business in Serbia
- Romania Baia Mare Cyanide Spill by Esmeralda Exploration Australia
- Romania mining: Rosia Montana gold mine arbitration case between Gabriel Resources & Romanian state, White&Case vs Lalive
- Leading Edge hits significant lithium, tantalum in Sweden