A land site with glacial mud is seen close to Nuuk, Greenland in September. Photo: Reuters
A land site with glacial mud is seen close to Nuuk, Greenland in September. Photo: Reuters

Greenland strips Chinese mining firm of licence to iron ore deposit

  • The move is a blow to attempts by Chinese companies to gain a foothold on the resource-rich Arctic island
  • General Nice, the first Chinese firm to have the right to exploit minerals in Greenland, lost its licence because of site inactivity and missing payments

Topic |   Nordic nations
A land site with glacial mud is seen close to Nuuk, Greenland in September. Photo: Reuters
A land site with glacial mud is seen close to Nuuk, Greenland in September. Photo: Reuters
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