The mineral deposit was first recognised in the 1950s, at the height of the
Cold War, when uranium potential drew international attention. The physicist
Niels Bohr even visited nearby
Narsaq in 1957 to support early investigations. When
Denmark abandoned nuclear power in 1983, exploration ceased.
Greenland Minerals and Energy (later Energy Transition Minerals) acquired the area in 2007. A 2010 policy change by the
Government of Greenland reopened the door to large-scale mining. By 2015, the company
Greenland Minerals had submitted an application for an
open-pit mine.
JORC-compliant estimates place the total resource (Kvanefjeld together with the Sørensen and Zone 3 orebodies) at around 1.01 billion tonnes grading 1.10% TREO+, 266 ppm
U3O8 and ~0.24%
Zn. Within this vast inventory, the 2015
JORC ore reserve is 108 Mt at 1.43% TREO+ and 362 ppm U3O8 (43 Mt proved + 64 Mt probable). == Project design ==