Energy Transition Minerals CEO Daniel Mamadou said at Sermitsiaq and at the company’s annual meeting that the Uranium Act has put an end to mining development in Greenland. But the self-government does not agree: Only a few projects have been affected by the Uranium Act
“The uranium law has put a stop to mining development in Greenland.” This was recently stated by Daniel Mamadou, CEO of Energy Transition Minerals.
“The Uranium Act has set
But that’s not how the self-government views the matter.
“The uranium law has put a stop to mining development in Greenland.” This was recently stated by Daniel Mamadou, CEO of Energy Transition Minerals.
“The Uranium Act has setAnnouncement
But that’s not how the self-government views the matter.
– It must be assumed that this statement must stand for Energy Transition Minerals’ own account or its own project. Here it is absolutely correct that the project has stopped with the rejection of their applications for a exploitation permit with reference to the fact that they must comply with the Uranium Act – like all other projects in Greenland, says Head of Department Jørgen Hammeken-Holm.
He notes that there is only one other project that, upon the introduction of the Uranium Act, has handed over their permit to another company that has no problems complying with the provisions of the Uranium Act. That company has begun exploring other minerals.
Director of Energy Transition Minerals: Uranium Act has put an end to mining development in Greenland
World prices are determined by China
According to the Department of Industry and Raw Materials, the development of mining activities in Greenland is highly influenced by the geopolitical situation, where there is a worldwide supply and demand for minerals that determines the price.
– Especially in relation to the strategic minerals, this world price is unfortunately determined by China, which more or less has a monopoly on the production of these minerals. Other factors that affect prices and demand for the minerals are the current war in Ukraine and especially the fluctuating announcements by the United States about tariffs in relation to China and Europe, etc. It is not the Uranium Act that has a direct or indirect effect on projects other than a few Greenlandic projects, points out Jørgen Hammeken-Holm.
Since the corona years, there have actually been a historically high number of permits and even better, the activities in the field have been very high, says the head of the department, who adds:
– We do not see any negative impact at all based on the restrictions of the Uranium Act.
Efterlyser dialog
Daniel Mamadou also expressed at the annual meeting and to Sermitsiaq that he was disappointed that the Greenlandic government did not want to attend a meeting and listen to the proposals for development alternatives that the company believes would address the concerns that the population may have about the project in Kuannersuit.
Jørgen Hammeken-Holm says that the self-government has always been accommodating towards the company.
– Even though several of our disagreements are also discussed in arbitration and in various court cases. We have always been willing to listen, but it is in our opinion in vain to discuss development alternatives, where the starting point is precisely compliance with the Uranium Act. Why discuss something that we know is not possible if the Uranium Act is to be complied with? says Jørgen Hammeken-Holm.
In Kuannersuit, the uranium content is between 200 and 400 ppm, which is higher than the permitted 100 ppm according to the Uranium Act.
Omits information
Daniel Mamadou has also confirmed to Sermitsiaq that in a personal comment to an environmentalist from the Australia Conservation Foundation who attended the annual meeting, he had said that the Minister of Industry and Resources Naaja H. Nathanielsen “omits certain information when appropriate”.
The director does not answer what it is that Naaja H. Nathanielsen is omitting, but according to the Self-Government, it is not information they can recognize.
– We cannot recognize at all that the information and data coming from the Self-Government are not comprehensive and sound. That the director of Energy Transition Minerals is trying to undermine trust in the Greenlandic political system must be at his own expense.
– We are responsible for our statements and if there is any information from us that is not satisfactory to the director of Energy Transition Minerals, he or she is welcome to take it to us directly.
– The Government is working diligently to ensure that all information and documents relating to our joint cases are made public. Unfortunately, we are experiencing resistance from Energy Transition Minerals’ lawyers, who do not see an interest in making all the documents public, says Jørgen Hammeken-Holm.
“The uranium law has put a stop to mining development in Greenland.” This was recently stated by Daniel Mamadou, CEO of Energy Transition Minerals.
“The Uranium Act has set
But that’s not how the self-government views the matter.
“The uranium law has put a stop to mining development in Greenland.” This was recently stated by Daniel Mamadou, CEO of Energy Transition Minerals.
“The Uranium Act has setAnnouncement
But that’s not how the self-government views the matter.
– It must be assumed that this statement must stand for Energy Transition Minerals’ own account or its own project. Here it is absolutely correct that the project has stopped with the rejection of their applications for a exploitation permit with reference to the fact that they must comply with the Uranium Act – like all other projects in Greenland, says Head of Department Jørgen Hammeken-Holm.
He notes that there is only one other project that, upon the introduction of the Uranium Act, has handed over their permit to another company that has no problems complying with the provisions of the Uranium Act. That company has begun exploring other minerals.
Director of Energy Transition Minerals: Uranium Act has put an end to mining development in Greenland
World prices are determined by China
According to the Department of Industry and Raw Materials, the development of mining activities in Greenland is highly influenced by the geopolitical situation, where there is a worldwide supply and demand for minerals that determines the price.
– Especially in relation to the strategic minerals, this world price is unfortunately determined by China, which more or less has a monopoly on the production of these minerals. Other factors that affect prices and demand for the minerals are the current war in Ukraine and especially the fluctuating announcements by the United States about tariffs in relation to China and Europe, etc. It is not the Uranium Act that has a direct or indirect effect on projects other than a few Greenlandic projects, points out Jørgen Hammeken-Holm.
Since the corona years, there have actually been a historically high number of permits and even better, the activities in the field have been very high, says the head of the department, who adds:
– We do not see any negative impact at all based on the restrictions of the Uranium Act.
Efterlyser dialog
Daniel Mamadou also expressed at the annual meeting and to Sermitsiaq that he was disappointed that the Greenlandic government did not want to attend a meeting and listen to the proposals for development alternatives that the company believes would address the concerns that the population may have about the project in Kuannersuit.
Jørgen Hammeken-Holm says that the self-government has always been accommodating towards the company.
– Even though several of our disagreements are also discussed in arbitration and in various court cases. We have always been willing to listen, but it is in our opinion in vain to discuss development alternatives, where the starting point is precisely compliance with the Uranium Act. Why discuss something that we know is not possible if the Uranium Act is to be complied with? says Jørgen Hammeken-Holm.
In Kuannersuit, the uranium content is between 200 and 400 ppm, which is higher than the permitted 100 ppm according to the Uranium Act.
Omits information
Daniel Mamadou has also confirmed to Sermitsiaq that in a personal comment to an environmentalist from the Australia Conservation Foundation who attended the annual meeting, he had said that the Minister of Industry and Resources Naaja H. Nathanielsen “omits certain information when appropriate”.
The director does not answer what it is that Naaja H. Nathanielsen is omitting, but according to the Self-Government, it is not information they can recognize.
– We cannot recognize at all that the information and data coming from the Self-Government are not comprehensive and sound. That the director of Energy Transition Minerals is trying to undermine trust in the Greenlandic political system must be at his own expense.
– We are responsible for our statements and if there is any information from us that is not satisfactory to the director of Energy Transition Minerals, he or she is welcome to take it to us directly.
– The Government is working diligently to ensure that all information and documents relating to our joint cases are made public. Unfortunately, we are experiencing resistance from Energy Transition Minerals’ lawyers, who do not see an interest in making all the documents public, says Jørgen Hammeken-Holm.