Citronen Mine
The Citronen mine is one of the largest potential lead and zinc mines in Greenland. The mine is located in Citronen Fjord, Northern Greenland. The mine has reserves amounting to 100 million tonnes of ore grading 2% lead and 3% zinc.
The mine is currently being developed by mineral resources company Ironbark Zinc. The company has a nonbinding agreement with the China Nonferrous Metal Mining Group to finance and construct the mine. In 2020, Ironbark Zinc executed a letter of interest for a financing loan from the Export–Import Bank of the United States to develop the project. Initially planning to source financing from both China and the West, the company decided against sourcing from China Nonferrous due to geopolitical factors.
The company has identified the presence of germanium in the Citronen ore with further assaying underway.
References
- ^ "Citronen Mine" (PDF). segweb.org. 2012. Archived from the original (PDF) on 2013-11-13. Retrieved 2013-07-20.
- ^ "Ironbark Zinc hosts successful site visit with China Nonferrous and Greenland Government". Proactiveinvestors UK. 2017-08-11. Retrieved 2021-09-26.
- ^ "Zinc project in Greenland receives Chinese backing". MINING.COM. 2017-08-11. Retrieved 2021-09-26.
- ^ Kevin McGwin (2020-11-02). "A US agency is ready to fund a major Greenland zinc mine". Arctic Today. Retrieved 2021-09-26.
- ^ "Ironbark Zinc progresses towards Citrönen final investment decision with letter of interest from Export-Import Bank of the United States". Proactiveinvestors UK. 2020-11-02. Retrieved 2021-09-26.
- ^ Leeuwen, Hans van (2021-12-07). "How Aussie miner Ironbark Zinc switched horses in Greenland from China to the US". Australian Financial Review. Retrieved 2022-07-13.
- ^ "Ironbark moves to financing stage of zinc strategy". 16 January 2018.