• AlexLost@lemmy.world
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      2 days ago

      Yup, mostly rare earth metals, but in protected areas that require lots of permitting and small operations. That’s why the US wants in, with it’s industry standards of no standards for industries. Think of all the money his friends stand to make here guys, cmon.

    • Knock_Knock_Lemmy_In@lemmy.world
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      2 days ago

      Yes. Invasion is not necessary to extract them. Money is.

      In June, the US Export-Import Bank offered a $120 million loan to advance the development of the $290 million Tanbreez rare earth project in Southern Greenland. That same month, Denmark’s Export and Investment Fund (EIFO) increased its shareholding in Canada’s Amaroq Minerals, owner of a portfolio of critical minerals properties in Southern Greenland

      In January, GreenRoc Strategic Materials, a developer focused on graphite in Greenland, announced that EIFO had expressed an interest in providing funding for its Amitsoq graphite project in Southern Greenland. The Amitsoq project was subsequently designated as an EU strategic project, granting access to funding and support from EU Member States and financial institutions.

      Hammeken-Holm welcomed these developments, adding that foreign investment is critical for overcoming Greenland’s significant environmental and logistical challenges. SOURCE

      • Hanrahan@slrpnk.net
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        2 days ago

        Yes. Invasion is not necessary to extract them. Money is

        An Australian company was all set to do that but was booted out of Greenland (mining licence revoked) by thier then newly elected Government.

        https://www.arctictoday.com/former-danish-foreign-minister-hired-by-mining-firm-in-billion-dollar-dispute-with-greenland/

        Trunp would have to cease it and remove the Government.

        Rear Earths aren’t rare and are quite common, the issue is they are toxic to mine and refine. Australian company, Lynas has a mine in Western Australia and was originally refused permission to refine in Australia becase the waste is so toxic (gong back deacades now), so they built a refinery in Malaysia, this was one of the only non Chinese refineries on the planet.

        Malaysia has since had enough of thatt shit and said thay woukd close the refinery down because of the toxic pollition. So now they will mine in Western Australia, do the most toxic refining there and ship to Malaysia the partially refined product to finish The Australiam Government has now granted them a super secret licence to do the most toxic bit of refining there and use up valuable water in the desert.

        https://www.malaysiasun.com/news/278525788/pollution-issues-and-controversy-over-rare-earth-company-lynas

      • SreudianFlip@sh.itjust.works
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        2 days ago

        Not just money, but jurisdiction. They have a huge range of options for building military bases with few permissions required, but a lot of that “cheddar” they would want to extract is under development restrictions.

        TL;DR - a legitimate democracy is in the way of oligarch profits once again