China's General Nice acquires Greenland mining project

Chinese General Nice has acquired a large-scale mining project in Greenland that will require billion dollar investments to realize.

Photo: Torben Stroyer

The biggest planned mining project in Greenland - in the Arctic as a whole, in fact - has been acquired by a major Chinese player, namely Hong Kong-based General Nice, one of China's biggest iron importers, report several news media.

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