Greenland Minerals (ASX:GGG) - Managing Director, Dr John Mair
Managing Director, Dr John Mair
Source: 121 Mining Investment Events
The Market Online - At The Bell

Join our daily newsletter At The Bell to receive exclusive market insights

  • Rare earth explorer Greenland Minerals (GGG) has appointed Jørn Skov Nielsen as Executive General Manager
  • Jørn will help the company drive activities relating its Kvanefjeld rare earth project, as well as commercial developments in Europe
  • He has extensive knowledge of Greenland’s business and environment and this appointment comes at a significant time to boost in-country leadership
  • GGG is up an even eight per cent and shares are trading for 13.5 cents each

Rare earth explorer Greenland Minerals (GGG) has appointed Jørn Skov Nielsen as Executive General Manager.

Jørn, who is based in Nuuk, Greenland, will help drive activities relating to GGG’s Kvanefjeld rare earth project, as well as commercial developments in Europe.

He has extensive knowledge of Greenland’s business and environment and this appointment comes at a significant time to boost in-country leadership.

“I look forward to be part of the high-quality work undertaken by Greenland Minerals in the development of a project with far-reaching strategic and commercial significance for Greenland on a global scale,” Jørn said.

“It is a unique industrial project that has the potential to become a world leader in the extraction of rare earth metals, thus contributing to improved energy efficiency, increasing renewable power generation capacity, and reducing greenhouse gas emissions on a world scale,” he added.

Jørn is an economist with more than 10 years of experience in a range of senior roles.

His most influential role was Deputy Minister for the industry, energy, trade and mineral resources sectors, where he led government bodies and presented to international audiences to promote Greenland and attract investment.

Jørn also oversaw the negotiations that led to the privatisation of publicly owned supermarket businesses.

“The appointment of Jørn Skov Nielsen is a fantastic development for Greenland Minerals, and is a key step in building our in-country capacity in order to develop a globally-significant international rare earth business for Greenland,” Managing Director Dr John Mair commented.

“It is a rare opportunity to have an individual with so much relevant experience step in to play an important role in achieving a successful development outcome,” he said.

GGG is up an even eight per cent and shares are trading for 13.5 cents each at 1:27 pm AEST.

GGG by the numbers
More From The Market Online
The Market Online Video

Market Close: ASX flatlines as Financials flourish and Utilities flounder

The ASX200 closed trading relatively flat. The financials sector gained the most, up 0.35 of a…

Aus inflation read of 3.6% spooks ASX – before quickly returning to green

Australian inflation has come in mixed with an increase of 1% in the March quarter, but…