EXPLORATION & DEVELOPMENT

Greenland ups return

GREENLAND Minerals and Energy has updated its Greenland Kvanefjeld uranium and rare earth project feasibility study, almost doubling the internal rate of return and reducing project finance requirements by several hundred million.

Sophie Moore
Greenland ups return

Kvanefjeld’s projected net present value increased from $US1.4-$1.6 billion ($A1.85-$2 billion), while its internal rate of return jumped from 21.8% to 43.4%. Capital and operating costs are down with...

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