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.

Trump’s SCOTUS “Foreign Interests” Comment Explained

We've addressed claims Trump’s tariffs were illegal, but not his accusation that court members are influenced by foreign interests.

The Party Of Hate Is Unleashing Political Violence

Sec. Scott Bessent placed blame for violence against President Trump squarely on the Democrat Party who are “normalizing this violence. It’s got to stop.”

‘Radical Right’ Restore Britain: The Remigration Dream Machine?

There is nothing wrong with being white, male, or straight—you are not the problem. The issue lies in systems, not individuals, and flawed DEI policies.

Trump 2.0’s Grand Strategy Against China Is Slowly But Surely Coming Together

Casual observers think Trump acts without strategy, but Trump 2.0 is steadily executing a calculated plan aimed at countering China’s global rise.

From legacy to liability

"When the Washington Post cut a third of its shrinking staff, leaders called it 'strategic restructuring'—like calling an iceberg a 'necessary pivot.'!"

Early Tax Refunds Are Showing a 14 Percent Increase, IRS Says

The average tax refund for American taxpayers has increased on a year-over-year basis, the IRS said in a Feb. 20 update.

EPA to Reform $5 Billion ‘Clean School Bus’ Program

EPA is revamping the Biden administration’s Clean School Bus (CSB) program, which focused on installing electric buses at U.S. schools.

Judge Says Jack Smith’s Final Report on Trump Can Never Be Released

A federal judge on Feb. 23 said that the final report on President Donald Trump compiled by a former special counsel shall not be released.

US Intelligence Helped Mexico in Raid That Killed ‘El Mencho,’ White House Confirms

The White House confirmed that the U.S. aided the Mexican government’s operation to kill cartel leader Nemesio “El Mencho” Oseguera Cervantes on Sunday.

Trump Honors Angel Families, Proclaims National Day of Remembrance

President Trump issued a proclamation at the White House establishing Feb. 22 as National Angel Family Day to honor Americans killed by illegal immigrants.

US Trade Representative Says Nations Are Not Backing Out of Tariff Deals

U.S. trading partners who made deals under Trump show no plans to exit, even after the Supreme Court struck down most of his tariffs.

DOJ Fires Interim US Attorney Hours After Virginia Court Selects Him

The DOJ announced it fired the interim U.S. attorney for the Eastern District of Virginia just hours after judges on the court made the appointment.

Trump Admin Says Courts Need to Act on Tariff Refunds After Supreme Court Ruling

The White House is awaiting court guidance on tariff refunds after the Supreme Court struck down several import levies last week.
spot_img

Related Articles

Popular Categories

MAGA Business Central