Kvanefjeld

Kvanefjeld
Kvanefjeld
Location
MunicipalityKujalleq
CountryGreenland
Coordinates60°59′N 46°00′W / 60.983°N 46.000°W / 60.983; -46.000
Production
ProductsRare earths, Uranium, Zinc
Owner
CompanyEnergy Transition Minerals
Websiteetransmin.com/kvanefjeld-project

Kvanefjeld (local name Kuannersuit) is a mineral deposit in Kujalleq, southern Greenland. It sits on the broad plateau of the Ilimaussaq intrusive complex, overlooking the fjords near the town of Narsaq. For decades the site has attracted attention as one of the world's largest accumulations of rare earth oxides (REO), accompanied by significant uranium and zinc content.

The project is held by Energy Transition Minerals (formerly Greenland Minerals Ltd, listed on the Australian Securities Exchange). As of August 2025, OCJ investments Pty Ltd in Australia hold a 17% share of the company, while a Chinese company, Shenghe Resources holds a 7% share. The rest of the shares are held by other institutions and private investors. An industry overview in 2025 described Kvanefjeld as one of the most strategic undeveloped rare-earth deposits in southern Greenland, though it also noted that development has stalled amid legal disputes while the rival Tanbreez project progressed under U.S. ownership.