Greenland winning war on civil costs

GREENLAND Minerals estimates it can smash the civil construction cost for its Kvanefjeld rare earth project in Greenland by a massive 44% to US$175 million – a major potential saving given civil works were a major component of the 2016 feasibility study cost estimates.

Kvanefjeld

27 March 2019
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The last study reduced capital and operating cost estimates from $1.4 billion to $832 million.

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