GAM´s vision is to support the transition to a low carbon economy by supplying a sustainable alternative to the more polluting and energy-intensive raw materials used in several large industries, such as fiberglass, cement, paint and aluminium.
GAM aims to demonstrate the benefits to a local and global community from responsible natural resource development in Greenland which enriches both planet and people.
The Majoqqap Qaava Anorthosite Project is located 125 km southeast of Greenland’s capital Nuuk on the southwest coast only 12 km from the ice-free coast of Qeqertarsuatsiaat Kangerdluat (Fiskenæs Fjord).
The deposit is unique in scale and quality featuring high aluminium grades and exceptionally low alkali metal content, with a defined mineral resource sufficient for a minimum 25 years of production. Undefined resources for an estimated additional mine life of 50-100 years exists in the area.
Mining and processing of anorthosite is simple, requires a minimum of energy and leaves no harmful waste. By-products of beneficiation comprise crushed rock which is used in road building or stored in risk free deposits.
The Group is working to develop the Majoqqap Qaava Anorthosite Project with a consortium of significant local and national investors, such as the Greenland State Investment Company, Greenland Venture A/S, the Danish State’s Investment Fund Vækstfonden and the Greenlandic pension fund SISA Pension.