Isua Iron Mine

The Isua Iron Mine is a proposed open-pit iron mine in southwestern Greenland, located approximately 150 kilometres northeast of the capital, Nuuk. The project was originally developed by the British firm London Mining Inc., which planned to extract and export high-grade iron ore containing around 70 percent iron from the edge of Greenland's ice cap. Ore from the site was to be transported via a 105-kilometre (65 mi) slurry pipeline to a year-round ice-free port at Taseraarssuk Bay, for shipment to steel manufacturers in Europe and Asia. The project was expected to produce up to 15 million tonnes of ore annually, but development stalled after iron ore prices declined in the early 2010s. Following London Mining's bankruptcy in 2014, the rights to the mine were acquired by the Chinese conglomerate General Nice in 2015. However, due to continued low commodity prices and lack of activity, the Government of Greenland revoked General Nice's mining license in 2021.

Mine data from Wikidata (CC0). Summary from Wikipedia (CC BY-SA).