Greenland’s Mineral Wealth Could Pave Way to Independent Future

5Mind. The Meme Platform

As mining companies and governments zero in on Greenland’s mineral wealth, hopes for independence rise, but so do the risks.

NUUK, Greenland—Taatsi Olsen knows what it takes to start searching for minerals in Greenland.

In a warehouse on the outskirts of the capital, Nuuk, he walked through the nuts and bolts of mining exploration in the cold, sparsely populated country: walls of tools and harnesses and small trailers flown to remote sites by helicopter, essential in a place where no roads go from town to town.

Olsen pointed out that Greenland’s unique settlement pattern—isolated fishing villages scattered across hundreds of miles of rocky islands and fjords—can have advantages for miners.

“If you are in a remote area, there’s a good chance that there’s a small village nearby,” he told The Epoch Times.

Olsen is chief operating officer of X-Ploration Services Greenland. The company, which supports mineral exploration on the island, could prosper if the Danish territory’s rare earth deposits prove to be a boon.

Yet he knows the odds against individual success. Olsen estimates that just one in a thousand exploratory projects in Greenland yields a mine.

“It’s just that difficult to find something where the economics make sense,” he said.

President Donald Trump has cited Greenland’s rare earths, estimated at 1.5 million tons, as a significant reason to fold it into the United States.

Critical minerals are used in many advanced technologies, including cellphones and defense systems. The industry is currently dominated by China.

For now, just two mines are operating in Greenland, and neither mines rare earths.

Yet mining isn’t new to Greenland. It’s part of a long history that entangles the world’s largest island with Denmark and the United States.

Advocates of rare earth mining hope it will help the case for Greenland’s independence. Many seek additional revenue streams in a territory dominated by seafood exports, government employment, and a yearly block grant from Denmark.

“We have to strengthen the economy,” Svend Hardenberg, a Greenlander involved in efforts to develop rare earth mining, told The Epoch Times.

By Nathan Worcester

Read Full Article on TheEpochTimes.com

Contact Your Elected Officials
The Epoch Times
The Epoch Timeshttps://www.theepochtimes.com/
Tired of biased news? The Epoch Times is truthful, factual news that other media outlets don't report. No spin. No agenda. Just honest journalism like it used to be.

Election integrity matters

Restoring trust in U.S. elections requires passing the SAVE Act, which mandates citizenship verification and voter ID, because election integrity is essential to American democracy.

WATCH: FBI Director Defends Wholesale Unconstitutional Purchase of Americans’ Big Tech Data

“Society in every state is a blessing, but Government,...

Viral Video Implicates Somalia Rep. Ilhan Omar

"Oh, what a tangled web we weave when first...

Homelessness, Inc.: When Misery Becomes an Industry

The honest term for a person living on the street, in a tent, under an overpass, or in their car is homeless. And honesty is what we need on this topic.

The World is Moving from Left to Right

Mainstream media claim Trump and the MAGA base are at record lows in popularity, but European election results and polls suggest a different reality.

Judge Tosses Charges Against Former Louisville Officers in Breonna Taylor Case

A federal judge threw out charges against two former Louisville police officers connected to ncident in which Breonna Taylor was shot and killed.

CDC Jeopardized Health of ‘Millions of Americans’ by Failing to Warn of Stroke Risk After Pfizer Vaccine

Sen. Ron Johnson obtained documents suggesting Biden officials downplayed COVID-19 vaccine risks and delayed warning the public.

Trump to Sign Order to Pay TSA Agents

President Trump plans to sign an order that will pay TSA agents who have not received a check since the DHS entered a partial shutdown in mid-February.

Trump–Kennedy Center Confirms Bill Maher Will Receive 27th Mark Twain Prize for American Humor

Comedian and TV host Bill Maher has been named as the 27th recipient for the prestigious Mark Twain Prize for American Humor.

US Likely Doesn’t Have to Be There for NATO, Trump Says

President Trump said the U.S. may not need to remain committed to NATO, arguing the alliance has offered little material support in efforts against Iran.

Markwayne Mullin Sworn In as DHS Secretary

Former Oklahoma Senator Markwayne Mullin was sworn in at the White House as the new Secretary of the Department of Homeland Security (DHS).
00:27:39

US Looking to Seize Iranian Defectors’ Money: Bessent

Treasury Sec. Scott Bessent said that the US is moving to seize funds transferred abroad by Iranian defectors, so it can be to returned to the Iranian people.

Trump Says He’s ‘Not Putting Troops Anywhere’ Amid Iran War

President Donald Trump met with Japanese Prime Minister Sanae Takaichi to discuss the Iran war, saying he is not inclined to send U.S. ground troops.
spot_img

Related Articles

Popular Categories

MAGA Business Central