Greenland’s parliament has voted to end a decades-long ban on mining for radioactive materials such as uranium.
Greenland, an autonomous Danish territory, is looking to boost its economy, which is currently dependent on fishing and Danish subsidies.
The Danish Minister for Industry and Minerals Jens-Erik Kirkegaard explains:“It is very important. The company expects a turnover of nine billion krone. Greenland’s GDP is 12 billion. It will be close to doubling the GDP it will have a huge impact on Greenlandic society.”
The project has been criticised by environmental groups with NGO’s warning the mining will threaten the Arctic’s eco-system.
British company London Mining has won the contract to extract the iron deposits.