High North News
By Alina Bykova
The company, called KoBold Metals, states that it is focused on finding “materials critical for the electric vehicle and renewable energy revolutions,” and it has a 51 percent stake in the Disko-Nuussuaq project on Greenland’s west coast.
The project is run by London-based company Bluejay Mining, and is approximately 2,776 km², containing large deposits of nickel, copper, platinum and cobalt. Bluejay Mining estimates that the area may contain a substantial deposit of minerals similar to that found in Norilsk, Russia, which is currently home to the world’s largest nickel/copper sulphide mine.