generally nice: Greenland iron project finally in Chinese hands

The license for much talked about Isua iron project in western Greenland has now gone to Jun’an aka General Nice Group (俊安集团), who acquired London Mining Greenland through its Jersey parent last December, the Greenlandic gov’t informed yesterday (that link also provides a profile of General Nice). The previous parent, London Mining, went into administration last year after Ebola hit Sierra Leone, the country where their main asset, the Marampa iron mine, is located. London Mining, a British company, had considerable Chinese contacts, some of which I referred to in my April 2013 article on the Isua issue.

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One thought on “generally nice: Greenland iron project finally in Chinese hands

  1. […] been almost two weeks since the announcement that General Nice (俊安集团) has acquired rights to the Isua iron project in Greenland, and Chinese business media’s reporting on it […]

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