Archaeological finds indicate that the area has been settled for more than 4,000 years.[citation needed]
The modern town was founded as New or Nye-Maniitsoq[5][6] in 1782 by Danish colonists relocating from the original Sukkertoppen, a trading post founded in 1755 at the site of present-day Kangaamiut.[7] In time, the original name was taken up again.
There have been plans for an Alcoaaluminium smelting plant either at Maniitsoq or Sisimiut for an extended period, at least since 2008, without progressing to construction.[9] The plant would provide employment for 600–700 people,[10] or more than 1 percent of the population of Greenland. As it is a vital decision for the town, wide public consultations were carried out in 2008–2010[11][12][13] by both the town authorities and the Greenland Home Rule Government in order to address potential environmental and social concerns.[14][15]
With 2,534 inhabitants as of 2020[update], Maniitsoq has experienced a decline in population over a long period of time.[1] The town has lost almost 15% of its population relative to 1990 levels, and nearly 9% relative to 2000 levels.[1]
Migrants from the smaller settlements such as rapidly depopulating Kangaamiut choose to migrate to Sisimiut, the capital in Nuuk, and sometimes to Denmark, rather than Maniitsoq. Kangerlussuaq and Sisimiut are the only settlement in the Qeqqata municipality exhibiting stable growth patterns over the last two decades.
The proposal was criticised for not meeting established criteria for recognising impact craters.[19][21] Subsequent studies in the region have demonstrated that there is no evidence for an impact structure, and a number of observations directly contradict the earlier impact structure proposals.[22][23][24][25]
In support of the proposal, a study published in 2023,[26] used electron microscopy to examine zircon grains from seven sites, including the Maniitsoq structure. The study found distinctive shock-induced planar microstructures in the zircon grains from the four recognized impact structure, as well as in the Maniitsoq structure. These microstructures were not found in grains from the two non-impact tectonic deformation structures.