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World News See other World News Articles Title: Inside the Race for Greenland's Billions in Rare Earth Minerals Inside the Race for Greenland's Billions in Rare Earth Minerals By PETER GRATTON Published January 28, 2025 Fact checked by STELLA OSOBA Disko Bay in Greenland showing some houses above the frozen waters Deep beneath Greenland's melting ice sheet lies a treasure trove of rare earth elements crucial to everything from electric vehicles to wind turbines. President Donald Trump's claim that the U.S. should acquire the territory has sparked wide attention, and Greenland's mineral wealth is a significant reason. While China dominates the global supply of these metals, controlling at least 70% of production, Greenland's deposits are attracting intense interest from the U.S. and European Union, which are racing to secure alternative sources of these critical materials. KEY TAKEAWAYS The Geopolitics of Greenland However, this hasn't stopped other global powers from eyeing its strategic value. Trump has revived interest in acquiring the territory, with his Republican allies in Congress working to authorize negotiations with Denmark. But Greenland's value extends far beyond its mineral wealth. The island's location along the shortest route between Europe and North America makes it crucial for U.S. military interests, particularly for ballistic missile warning systems. The U.S. already maintains a permanent presence at Pituffik air base in northwest Greenland under a 1951 agreement with Denmark and has previously looked to expand its military footprint to monitor Russian naval activities in the waters between Greenland, Iceland, and Britain. While Greenlandic Prime Minister Mute Egede has emphasized that "Greenland is not for sale," a 2023 survey revealed that Greenland possesses 25 of the 34 minerals the European Commission deems "critical raw materials." This has led to competing interests from multiple powers: China seeking inroads, the U.S. pursuing strategic advantages, and the EU looking to secure its supply chain. Critical Minerals Powering Tomorrow's Technology The market for these minerals reached $320 billion in 2022 (the latest period for which solid data is available), with demand for some elements tripling since 2017. These minerals serve diverse applications across industries: > Neodymium and dysprosium are crucial for creating powerful permanent magnets used in electric vehicle motors and wind turbine generators. > Terbium improves the temperature resistance of these magnets, making them more durable. However, developing Greenland's resources presents significant challenges. The concentration of rare minerals in the region's ore is relatively lowbetween 1% and 6%making extraction more costly and technically challenging. The harsh Arctic climate adds another layer of complexity, with ice floes blocking transportation during winter months and requiring complicated ways to store what's mined. China has positioned itself as the dominant force in rare earth elements, controlling nearly 70% of production and about 90% of processing capacity. Recent policy changes suggest that China could further tighten its grip on the market by restricting exports, consolidating domestic producers, and stockpiling reserves. The Bottom Line Poster Comment: Graph at source. Post Comment Private Reply Ignore Thread Top Page Up Full Thread Page Down Bottom/Latest
#1. To: BTP Holdings (#0)
Even so, Trump is willing to kill those who oppose his acquisition of Greenland. Canada is next. But don't worry...Trump is a nationalist...not a globalist...Rocky said so.
It is kind of like when Jesus said if Satan cast out Satan..... Trump is casting out the globalists. The antichrist kingdom is globalists. You are so full of yourself. You think you are some watchman. But you make excuses for rapists and murderers. You hate Jews so you pretend they are the extinct Edomites. Yet you offer no proof except you post some shield drawn up picture. You make statement like you are right on everything. You have to much pride. You have falsely said I am not a Christian for a year or maybe more. That is why I don't really care for you or what you say. I am one of the few on the forum that doesn't deny Jesus is the son of God.
A person who is full of themselves will be rigid and unyielding. For example, the Bible tells you that there are those who say they are Jews...but are not. Don't you think you should step back and seek discernment in this matter? After all, you just realized you erred in the case of the stone that was cut without human hands. Might you be wrong in your determination of the Jews, in light of the many warnings given in Scripture? Especially where those you support are killing and taking land? Several other Christians on this forum have shown you compelling evidence that the Jews in question do not descend from the twelve tribes. Yet, you fully support these biblically questionable people the right to kill in God's Name? So says the guy who celebrates the genocide of Palestinian people. I say they are Edomites because they name themselves "Edom's Shield". You have a blockage in your hearing that prevents you from understanding this. I make statements that are backed up by the Bible...which is right on all things. Even the demons know that Jesus is the Son of God. You love the house of Rothschild...not Jesus Christ.
Globalists simply hate nationalists, and this has been true since the end of WW II. ;) "When bad men combine, the good must associate; else they will fall, one by one." Edmund Burke
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