Greenfields Exploration wants to snap up third of Greenland licences
Greenfields Exploration said on Wednesday it had identified a “shopping list of high-quality acquisitions” in Greenland, which could give it about 28% of all areas under license in the mineral-rich, but under-explored country.
The unlisted company, which ditched plans to list on the ASX in 2018 after forming a joint venture with IGO Ltd. on the Frontier copper-nickel-tungsten project, said it hoped to apply for further copper exploration licenses soon.
Miners have become increasingly interested in Greenland as thawing sea ice opens up shipping routes and exposes mineral riches. The phenomenon, however, has the country’s population divided, with some worried about the loss of traditional lifestyles while others embrace development.
Greenland, an autonomous region under the Kingdom of Denmark, is the world’s largest island. Americans have operated an air base on the northwest coast of the island since 1943.
Greenland makes its own decisions regarding investments in mineral resource activities, including the granting of licenses.
Until recently, the region had only one major mining project, the Kvanefjeld rare earth project launched in 2007. In the past year, however, it has issued more exploration and mining licenses in a bid to diversify its economy.
Open to explorers, not buyers
The US government signed a memorandum of agreement with Greenland on mineral sector governance in 2019 as part of efforts to ensure the supply of critical minerals, particularly rare earths, from outside China.
US President Donald Trump has even expressed interest in buying Greenland, but Danish Prime Minister, Mette Frederiksen, dismissed the offer while the US Department of State, the US Naval Research Laboratory and the US Geological Survey collected airborne and land-based data along with Greenland’s own authorities last year.
Earlier, Anglo American (LON: AAL) had received five-year exploration and prospecting licenses in West Greenland targeting nickel, copper and platinum group metals.
Bluejay Mining (LON: JAY) (FRA: S5WA) is another company already present in Greenland. The miner is developing its Dundas ilmenite sands project in the country’s north-west, with the financial backing of both Denmark and Greenland.
Ilmenite is considered the most important ore of titanium, used commercially in the production of paint, adhesives and personal care products such as toothpaste.
TIC Insert Cone Crusher Liner Manufacturer
H&G Machinery has improved our customer cone crusher liner by TIC(titanium carbide) insert. H&G Machinery TIC insert cone crusher parts are designed to improve efficiency and reduce costs by extending wear life and minimizing downtime.
Compare with normal manganese cone crusher liner, our TIC insert wear parts span life can be 2-3 times. Based on our customer feedback, the more hard material to crush, the longer span life.
Benefits
- 2-3 times span life than normal manganese liner
- TIC cone crusher liner can decrease your plant downtime
- Higher cost performance compare with normal manganese cone crusher liner
- More easily to install
Case Studies 1: Australia Customer
Background
Our Australia customer use terex MVP450 cone crusher to crush very hard material. The normal manganese cone liner and bowl liner just can work 7 days.
Challenges
When the application changed to underground only, the increased hardness and abrasiveness of the material found underground reduced the wear life of the standard manganese cone crusher liner.
We design TIC insert cone liner and bowl liner to exchange normal manganese wear parts.
Performance & Results
After 22 days working, Our TIC Insert wear parts had taken out, nothing major wrong,The client ,we think pulled them out early to be sure they avoid failure. For sure they could’ve lasted longer!!
- Compare with normal original Mn steel parts, Our TIC insert parts working lifemore than 2.28 times. Our customer taken out of our parts just avoid failure, ourparts can still working after 22 days.
- No any TIC bars dropped out
- The TIC insert price just 1.5 times than normal Mn
Case Studies 2: Philippines Customer
Background
Our Philippines customer have two sets of SBM HPT300 cone crushers, and he uses those plant to crush very hard stone. However, because of crush hard stone, the HPT300 cone crusher wear liners need exchange very frequently.
This Philippines customer had tested many customers products, but no supplier’s product can work more than 15 days.
Challenges
After get Philippines customer inquiry, our engineer start to analysis this problem. Upon analysis, the concave showed wear in areas without TiC inserts, indicating that the highly abrasive material made contact with the entire surface of the plate. The mantle also showed excessive wear in the middle.
H&G Machinery engineers decided on TiC inserts throughout the entire impact surface of concave to further increase wear life . Based on wear area, our engineer also new design TIC bars insert area in the mantle.
Performance & Results
After 45 days work, Philippines customer stop his plant and check our TIC insert cone crusher liner. All concaves and mantles under good working situation. Immediately, he decides to order more TIC parts from us, and also want to resell our TIC insert cone crusher liners to Philippines market.
@Nick Sun NICK@XZHUAGANG.COM
- Our TIC insert HPT300 cone crusher liners span life can be 3-4 times than normal manganese wear liner in crushing hard stone.
- Our TIC insert HPT300 cone crusher liners price just 2 times than normal manganese cones. Obviously, our parts have higher cost performance.
Post time: Jul-10-2020