The mining project at Kuannersuit is a unique project in southern Greenland. The mining preparatory work that has been in operation since 2007, has unveiled the world's largest deposits of rare earth metals including uranium and zinc.

Rare earth metals are a group of specialty metals with unique physical, chemical and lighting properties. An example is neodymium, which is used to produce magnets used in wind turbine industry, and batteries for hybrid cars. The rare earth metals are a prerequisite for the simultaneous development of technology and reduced emissions of CO2.