$514m needed for Greenland zinc project

Photo: Ironbark Zinc

According to a newly published feasability study made by Australia's Ironbark Zinc, around $514m is required to fund the development of its Citronen project in Greenland.

The project is expected to produce up to 200,000tpa zinc metal and has projected revenue of $6.3bn over a mine life of 14 years.

"The Citronen project shows a highly profitable base metal development potential of global significance”, Ironbark Zinc managing director Jonathan Downes.