Greenland strips Chinese mining firm of license for iron ore deposit
The license was withdrawn because of inactivity at the site and a failure to make the agreed guarantee payments, the government said.
November 22, 2021
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COPENHAGEN — Greenland said on Monday it has stripped a Chinese mining company of its license to an iron ore deposit near the capital Nuuk, dealing a blow to attempts by Chinese companies to gain a foothold on the resource-rich Arctic island.
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