Hudson Greenland signs IBA

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The Government of Greenland, Qeqqata Kommunia and Hudson Greenland have signed of an exclusive Exploitation Licence and Impact Benefit Agreement (IBA) for the Qaqortorsuaq/White Mountain (Naajat) Anorthosite project.

The Exploitation Licence gives Hudson Greenland an exclusive licence to exploit anorthosite in the Naajat area, situated in Qaqortorsuaq between Sisimiut and Kangerlussuaq. The area covers 96 square kilometres.

Locals will constitute 50 per cent of the mine workforce in the construction phase. A number of internship and apprenticeship positions will be implemented in the project, including training and education programs for new employees.