Unlocking Greenland’s Rare Earths Potential

Greenland, with its vast ice-covered expanse, harbors substantial rare earth minerals tantalizing the US and Europe as a hedge against overreliance on China. China’s robust grip on the rare earth supply chain, controlling over 90% of refinement and 60% of mining operations, has incited endeavours for alternative sources. Greenland’s strategic location between North America and Europe makes it a geographically suitable candidate for critical mineral exploration. Despite Greenland’s rich deposits, commercializing its resources poses immense challenges – from logistical obstacles to high costs. An intriguing rare earth deposit, Tanbreez, has attracted substantial funding and interest, with production expected by 2029….