Greenland's Rare Earths and Gold Discoveries Signal Mining Boom

1 min read
Source: BBC
Greenland's Rare Earths and Gold Discoveries Signal Mining Boom
Photo: BBC
TL;DR Summary

Greenland is seeking to diversify its economy beyond fishing and subsidies by developing its mining sector, particularly for rare earths, despite challenges like harsh geography, infrastructure issues, and environmental concerns. Several international companies are exploring or developing projects, with hopes of establishing 3-5 mines in the next decade, which could bring economic growth and new opportunities to the region.

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