Greenland strips Chinese mining firm of licence to iron ore place


Greenland said on Monday it has stripped a Chinese mining company of its licence to an iron ore place near the capital Nuuk, dealing a blow to attempts by Chinese companies to gain a foothold on the resource-high Arctic island.General Nice, a Chinese coal and iron ore importer, took control of the Isua mine project in 2015, replacing past owner London Mining, which went bankrupt.It was the first Chinese firm to have the right to adventure minerals in Greenland, which has attracted…

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