Greenland Minerals Ltd. announced that Shenghe Resources Holding Co Ltd. has formed a joint venture company with subsidiaries of China National Nuclear Corporation to create China Nuclear Hua Sheng Mining Ltd. (Hua Sheng), in which Shenghe will hold a 45% interest. Hua Sheng will be the designated agent for Shenghe for the import, export and trading of rare earth materials and products that carry radionuclides, common constituents of rare earth rich minerals and concentrates. It will be authorised by the relevant ministries and commissions in China to undertake these activities.