"Greenland holds vast reserves of rare earths that power everything from electric vehicles to military tech."
"As the world races to loosen China's grip on critical minerals, this Arctic island is emerging as a new battleground, where extreme conditions, soaring costs, and local resistance stand in the way."
"Can Greenland become the next global player in the resource race?"
Greenland contains extensive rare-earth deposits essential for electric vehicles, wind turbines, advanced electronics, and military systems. Global demand for critical minerals is rising as countries seek alternatives to China’s dominant supply. Development faces severe Arctic challenges, including permafrost, limited transport infrastructure, seasonal access, and high operational costs. Local communities raise concerns about environmental damage, cultural impacts, and fairness of benefits. Successful extraction requires major capital investment, improved infrastructure, rigorous environmental protections, and negotiated consent with local and national authorities. If developed responsibly, Greenland could diversify global supply chains and alter geopolitical dynamics; however, significant technical, financial, and social hurdles remain.
Read at Business Insider
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