09/07/2019 - 15:21

Greenland slashes Kvanefjeld capex by 40%

09/07/2019 - 15:21

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Greenland Minerals’ optimisation study has successfully reduced the capital cost of its giant Kvanefjeld rare earth project in southern Greenland by almost 40% to USD$505 million. This is partly due to the development of an optimised flotation circuit that can produce a concentrate with grades of at least 22% REO, which allows the scale of refinery circuit and the size of processing equipment to be reduced.

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