Citronen mine

Citronen mine

Location
Citronen mine
Country	Greenland
Coordinates	83°0′N 29°55′W
Production
Products	Lead, Zinc, Germanium
History
Opened	not opened
Owner
Company	Ironbark Zinc
Website	ironbark.gl/projects/greenland/citronen/

The Citronen mine is one of the largest potential lead and zinc mines in Greenland.[1] The mine is located in Citronen Fjord, Northern Greenland.[1] The mine has reserves amounting to 100 million tonnes of ore grading 2% lead and 3% zinc.[1]

The mine is currently being developed by mineral resources company Ironbark Zinc. The company has a nonbinding agreement with the China Nonferrous Metal Mining Group to finance and construct the mine.[2][3] In 2020, Ironbark Zinc executed a letter of interest for a financing loan from the Export–Import Bank of the United States to develop the project.[4][5] Initially planning to source financing from both China and the West, the company decided against sourcing from China Nonferrous due to geopolitical factors.[6]

The company has identified the presence of germanium in the Citronen ore with further assaying underway.[7]

References

1. "Citronen Mine" (PDF). segweb.org. 2012. Archived from the original (PDF) on 2013-11-13. Retrieved 2013-07-20.
2. "Ironbark Zinc hosts successful site visit with China Nonferrous and Greenland Government". Proactiveinvestors UK. 2017-08-11. Retrieved 2021-09-26.
3. "Zinc project in Greenland receives Chinese backing". MINING.COM. 2017-08-11. Retrieved 2021-09-26.
4. Kevin McGwin (2020-11-02). "A US agency is ready to fund a major Greenland zinc mine". Arctic Today. Retrieved 2021-09-26.
5. "Ironbark Zinc progresses towards Citrönen final investment decision with letter of interest from Export-Import Bank of the United States". Proactiveinvestors UK. 2020-11-02. Retrieved 2021-09-26.
6. Leeuwen, Hans van (2021-12-07). "How Aussie miner Ironbark Zinc switched horses in Greenland from China to the US". Australian Financial Review. Retrieved 2022-07-13.
7. "Ironbark moves to financing stage of zinc strategy". 16 January 2018.