Greenland hosts known rare earth deposits including Kuannersuit in the south and deposits referenced as Kwane Bay.

Tanbreez Mining received a Greenland mining licence and announced production could start in 2024.

Tanbreez's owner Greg Barnes stated the deposit contains about 19 million tonnes of rare earth oxides and that roughly 30% are heavy rare earths.

One report described southern Greenland (referred to as Guanast/Guanaster) as holding the world’s second‑largest reserves of rare earths and uranium and accounting for about 10% of world rare earth production.

Mining and refining rare earths are technically difficult and environmentally sensitive, often involving acidic chemical separation and generating toxic and radioactive waste.

Separation and processing capacity is limited globally, with major facilities in China and Russia, a plant planned in the United States, and European plans under discussion.

Chinese interests have invested via Greenland Minerals and related companies, including a reported stake acquisition by a large rare earth producer.

The European Union and Greenland signed a memorandum of understanding to develop sustainable raw material value chains, infrastructure, and skills for critical minerals.

Greenland’s parliament passed a law banning uranium mining and halted development at some southern rare earth sites, creating political and legal constraints on projects.

Local environmental reviews, permitting requirements, and Arctic protection concerns have previously slowed development of Arctic deposits.

Conclusion: Greenland contains substantial rare‑earth resources and has active corporate and international interest, but significant technical, processing, environmental, and political barriers make near‑term commercial extraction and value realization uncertain.

Greenland hosts known rare earth deposits including Kuannersuit in the south and deposits referenced as Kwane Bay.

Title:

Content: People 's Network > > International
Large-scale rare earth mine found in Sweden threatens to ease EU ’ s rare earth shortage
January 19, 2023, 16: 34 | Source: Xinhua Network
Small number
Xinhua News Agency, Beijing, January 19, (International observation) Sweden found large rare earth mines may be difficult to alleviate the "rare earth shortage" in the European Union.
Xinhua News Agency reporter Xie Binbin
Sweden's state-owned mining company Luosa-Kiruna Mountain has announced that it has discovered a rare earth deposit in the Kiruna region of northern Sweden, containing more than 1 million tons of rare earth oxides.
It is the largest known rare earth deposit in Europe.
Analysts believe that although this discovery will help the EU to ease the situation of highly dependent on imports of rare earths, the EU's "rare earth shortage" is unlikely to have significant changes in the short term.
“A long way from discovery to development. ”
Jan Mostrom, chief executive of Luosa-Kiruna Mountain, said recently that the scale of rare earths in Kiruna has yet to be determined.
The company plans to submit a mining concession application this year, and it is expected to take several years to explore the deposits and the conditions for sustainable mining.
Rare earth is known as "industrial vitamins" and is widely used in metallurgy, military, petrochemical, glass ceramics, agriculture and new materials.
But the EU relies almost entirely on imports for rare earths.
"There is a long way to go from discovery to real mining," Mostrom said.
"It will take at least 10 to 15 years to start mining the deposit and supply it to the market," he said.
Several rare earth deposits have previously been found in Europe, such as in Kwane Bay in Greenland and Norrachel in Sweden.
However, because these sites are located near the Arctic, the need for local environmental protection has led to the development of the project is not smooth.
Ross Embleton, a researcher at Wood Mackenzie Consulting in the United Kingdom, believes that unless the approval process is shortened, the newly discovered deposit will not have an impact on the global supply of rare earths in the short term.
New opportunities for the Swedish industry
European Commission President von der Leyen said that the EU ’ s demand for rare earths is expected to increase fivefold by 2030, and that rare earths and lithium will “soon be more important than oil and gas. ”
For Sweden, the discovery of rare earth minerals will help reshape its image as an EU mining powerhouse, giving it a bigger role in the EU ’ s green transition.
The website of the French newspaper Le Monde pointed out that in the past decade, metal prices have been depressed, and mining exploration activities in Sweden have decreased sharply, but there are signs of recovery in the recent past.
It is also reported that this spring, the European Commission will introduce measures to strengthen its own supply of key raw materials, which means that Sweden's rare earth project may receive EU support.
Short-term changes to the pattern.
The European Union has been trying to diversify the rare earth supply chain for several years.
After the escalation of the crisis in Ukraine, the EU is more eager to push forward the process, especially to seek to strengthen its own supply within the EU.
However, the rare earth industry chain involves a series of procedures such as mining and separation, and the rare earth mineral reserves alone are not enough, which is also an important reason for the EU to get rid of its import dependence.
Geologists from the Swedish Geological Survey pointed out that Europe currently lacks the comprehensive capacity to process rare earth metals and manufacture intermediate products. “We also need to focus on the entire industry chain of rare earth metals, such as rare earth permanent magnets for wind turbines or electric vehicle engines. ”
Analysts stressed that the European rare earth industry chain is incomplete, the lack of advanced technology, talent and other supporting resources required, which will lead to the production of rare earth products cost too high, lack of competitiveness, and thus lead to the lack of incentives for enterprises to invest in this industry.
Experts pointed out that because China has the advantages of technology patents and industrial scale in processing links such as refining, many European companies choose to cooperate with China to process and extract raw materials, which is more economical.
Argus Media, an international independent pricing agency involved in energy and commodity markets, believes that some companies are pushing for a supply chain for rare earth products in Europe, "but the road to production of rare earth products is very difficult and requires huge investment and political will."
(Edited by: Cui Dege, Xu Xiangli)
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Content: Greenland ban on uranium mining prevents Chinese companies from expanding rare earths
November 13, 2021 17: 33
Eastern Network Television
More News Clips
As part of its Arctic strategy, China has supported the mining of rare earths in Greenland by Australia ’ s Greenland Minerals, a Chinese-owned subsidiary of Shenghe Resources, through the Belt and Road Initiative.
However, Greenland ’ s parliament passed a new law banning uranium mining and halting the development of rare earth deposits at Kuannersuit, the southern tip of Greenland.
China's rare earth mining accounts for more than 70% of the global mining volume, and China's rare earth magnetic processing volume accounts for 90% of the global processing volume.
Sungho Resources, one of the world ’ s largest producers of rare earth materials, acquired a 12.5% stake in Greenland Minerals in 2016, making it the largest shareholder in the latter.
Guanast in southern Greenland is home to the world ’ s second-largest reserves of rare earths and uranium after China, accounting for 10% of the world ’ s rare earth production.
Since former US President Donald Trump proposed the idea of buying Greenland in 2019, the rich rare earth resources of Guanaster in southern Greenland have attracted attention.
Greenland ’ s local parliament was elected early on April 6. In the end, the pro-environmental left-wing Inuit Ataqatigiit party won the election, and its leader, Mute Egede, became the new prime minister.
He declared that he would do everything in his power to stop the Guanast Rare Earth Mine project.
In response, Greenland ’ s parliament has passed a new bill aimed at banning exploration of uranium deposits, as well as other radioactive deposits such as thorium, and halting the development of rare earth deposits at the southern tip of Greenland.

Tanbreez Mining received a Greenland mining licence and announced production could start in 2024.

Title:

Content: Greenland to mine rare earths in 2024 | Economic Horizontal | DW | 30.07.2023
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Greenland to mine rare earths in 2024
According to the German "Economic Weekly" reported that a mining company has obtained permission from the Greenland government to mine rare earths on the island.
The company said production could begin next year.
Tanbreez Mining, a mining company, plans to mine rare earths in Greenland next year, according to the Economic Weekly.
“We can start production next year, ” said Greg Barnes, a geologist and owner of the company. Greenland ’ s deputy minister for minerals confirmed to the journal that a mining licence had been issued.
Barnes said the Tanbreez mine "contains more than half of the world's rare earth resources" and has 19 million tons of rare earth oxides.
Of these, 30% are highly favored heavy rare earth elements.
Rare earth contains a total of 17 kinds of metal elements, the properties of each metal are different.
Each metal has a unique industrial value.
Some of them are irreplaceable.
They are used, for example, in the manufacture of electric vehicles or wind turbines.
Last year, about two-thirds of Germany ’ s rare earths came from China. Mining such as rare earths is difficult and often harmful to the environment, as rare earths are often associated with iron ore, and the chemical process of refining often requires the use of acidic substances.
What is Rare Earth?
Barnes, owner of Tanbreez Mining, told Economic Weekly that to start mining for rare earths in Greenland, a factory would be needed to separate rare earths from heterosexual rocks.
Currently there are only such factories in Russia and China.
But one such plant will be built in the United States in the coming months.
There are also plans to build a factory in Europe.
Thanks to technological advances, the equipment that separates rare earths currently costs only $40 million.
According to Barnes, China paid 1.7 billion U.S. dollars for the equipment 13 years ago.
In January, Swedish state-owned mining company LKAB announced the discovery of Europe ’ s largest rare earth deposit to date.
But the company said it would take 10-15 years for the rare earth mine, located in Kiruna in northern Sweden, to be available to the market.
EU Plans to Diversify Rare Earth Supply Chain
(Agence France-Presse, Economic Weekly)
© 2023 Deutsche Welle Copyright Notice: All content in this article is protected by copyright law and may not be used without special permission from Deutsche Welle.
Any misconduct will lead to recovery and criminal prosecution.
DW.COM

What company has obtained permission to extract Greenland's rare earths?

Tanbreez's owner Greg Barnes stated the deposit contains about 19 million tonnes of rare earth oxides and that roughly 30% are heavy rare earths.

What does Greenland's Tanbreez mine contain?

30% of oxides are highly sought after heavy rare earth metals

One report described southern Greenland (referred to as Guanast/Guanaster) as holding the world’s second‑largest reserves of rare earths and uranium and accounting for about 10% of world rare earth production.

What percentage does Kuannersuit in southern Greenland account for in global rare earth production?

Mining and refining rare earths are technically difficult and environmentally sensitive, often involving acidic chemical separation and generating toxic and radioactive waste.

Title:

Content: Greenland’s Melting Glaciers Spew a Complicated Treasure: Sand

Meltwater from the island’s ice sheet is loaded with the right kind of sand for concrete production—which further warms the planet.

Sand is both abundant and rare. Earth has vast deserts of the stuff, of course, but not the kind that’s in such high demand that sand mafias are killing for it. That special variety is a critical component of the concrete used in buildings and infrastructure, the production of which has skyrocketed exponentially over the last few decades. That has come at a significant climate cost: The industry now accounts for 8 percent of global carbon emissions.

Sand is also at the center of a strange climate story. Climate change is destroying Greenland’s ice sheet, producing an extraordinary amount of meltwater. (Even if we somehow totally stopped emissions today, Greenland’s melting could still contribute nearly a foot of sea-level rise.) And in a twist of fate, that meltwater is loaded with the right kind of sand for concrete production, which causes more warming and more melting. Great plumes of glacial sediment are swirling along the coast, actually adding land along the edges of the island. Even though Greenland is only three times the size of Texas, its ice sheet is the source of 8 percent of suspended river sediments flowing into the oceans.

The country now has to figure out whether exploiting that valuable, abundant resource on a wider scale would be environmentally, socially, and economically tenable. “It is quite controversial—we're saying Greenland can benefit from climate change,” says Mette Bendixen, a geographer at McGill University in Canada, who’s studying the idea. “Contrary to most of the other parts of the Arctic coast, Greenland is not eroding. It's in fact growing bigger, because the ice sheet is melting. So you can think of the ice sheet as a tap that pours out not only water, but also all the sediment.”

That sediment is special, indeed. Desert sand from, say, the Sahara is no good for making concrete because it’s too rounded and uniform. Over millennia, winds push those grains around, polishing them. If you make concrete out of such sand, “it's almost like building with marbles,” says Bendixen. “You want particles that are more angular in shape, not rounded. And that type of material is exactly what you get from rivers, for example, or material that has been deposited by glaciers.”

As Greenland’s ice sheet—which covers 700,000 square miles and is up to 10,000 feet thick—rubs against the land, it grinds up sediment, including sand, fine silt, and larger chunks of gravel. And as the ice melts, torrents of water carry all that debris to the sea, while the pounding of the rivers themselves further erodes the landscape. Compared to the thousands of years that sand spends rolling around the Sahara and becoming rounded, the particles coming off Greenland are fresher. They’re more angular and more diversely shaped. Instead of acting like marbles, they fit together like pieces of a jigsaw puzzle, which is good for concrete.

Greenland already harvests its sand for local, small-scale concrete production, since importing sand would be prohibitively expensive. This is limited to domestic companies, who have to win non-exclusive permits after passing environmental review by the government’s scientific advisers. They can also apply to export the sand, but that requires additional licensing. “We are basically also open for sand extraction aiming at export, but then it will be treated like any other mining activity,” says Kim Zinck-Jørgensen, of the Greenland government’s Mineral Licence and Safety Authority. “And for that you'll have a much greater setup with regulations and also environmental impact assessments, social impact assessments.”

Currently, dredging boats suck up sediment along the coast and filter out the sand, which is then brought back onshore. But if Greenland decides to scale up sand extraction for export, that would mean big ships would have to haul the stuff away to international ports. “It's important to stress that if you extract whatever natural resource, there will be environmental consequences,” says Bendixen. “But really, here the environmental consequences can be super broad.”

For one, those big ships will also be bringing in ballast, or the water they’ve collected from elsewhere and stored in their hulls for balance. If that ballast is released off the coast of Greenland, it may introduce invasive species. And, of course, dredging coastal sediments would further endanger underwater native creatures—and on land, increased mining operations might scare away the game that Inuit hunters rely on. (Greenland’s population is about 90 percent indigenous Inuit. The Greenland branch of the Inuit Circumpolar Council, an NGO representing Inuit peoples, declined to comment for this story.)

Interestingly, though, last month Bendixen and her colleagues published a survey of Greenlanders about their opinions on sand extraction. They found that 84 percent of adult residents are in favor of it, and three-quarters want it to be a national project. “It turns out that the vast majority of Greenlanders think that it should be primarily a Greenlandic enterprise,” says Rasmus Leander Nielsen, a political scientist at the University of Greenland, who did the survey with Bendixen. “Maybe you could have some smaller-scale, Greenlandic-led companies that could start off. And then eventually, when the business case is more favorable, then we could go into a larger export.”

About that business case: While the global demand for sand has gone wild, the economics of exported Greenland sand aren’t yet clear. A company would have to pay to run the local operations and foot the shipping costs to get the resource off the island. Those will be considerable, since sand is heavy and takes up a lot of room in a ship.

The Greenland government recently worked with a consultancy that did an assessment, finding that exporting the sand to Europe isn’t economically feasible at the moment. “Whether it's feasible to export it further on to the Middle East, I don't know,” says Thomas Lauridsen, chief adviser to Greenland’s Ministry of Mineral Resources and Justice. “But we will then be in competition with European companies that will dredge sand in Europe or closer to the customer.”

Lauridsen adds that it’s up to the private sector to determine whether selling Greenland’s sand is cost-effective or not. And that export cost calculus may change in the future. “By 2100, the demand for sand is going to rise 300 percent, and the price 400 percent,” says Bendixen. “So we don't have to look that much farther into the future to start seeing a different calculation here in terms of whether it's worthwhile.”

Yes, a world with more sand harvesting for making more concrete would also mean more carbon emissions, more warming, and more melting of Greenland’s ice sheet. But, Bendixen says, all that glacial sand need not go exclusively toward concrete. Coastal communities are increasingly clamoring for sand to hold back rising seas, a fortification known as beach nourishment. “Just think of the irony in using the sand for beach nourishment to mitigate sea-level rise,” says Bendixen, “which is caused by—to a large extent—the melting of the Greenland ice sheet!”

Separation and processing capacity is limited globally, with major facilities in China and Russia, a plant planned in the United States, and European plans under discussion.

Chinese interests have invested via Greenland Minerals and related companies, including a reported stake acquisition by a large rare earth producer.

What countries are invested in Greenland Minerals corp?

What is one of the global key REE manufacturers?

The European Union and Greenland signed a memorandum of understanding to develop sustainable raw material value chains, infrastructure, and skills for critical minerals.

Title:

Content: Friday 01 December 2023
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
The world.
EU and Greenland sign strategic partnership on raw material value chains
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The European Union has signed a memorandum of understanding with the Government of Greenland in Brussels to establish a strategic partnership to develop sustainable raw material value chains.
Greenland ’ s vast natural wealth is a key asset for reaping the benefits of global value chains, as it seeks to diversify its economy in a sustainable way, while 25 of the 34 critical raw materials identified by the Commission as strategically important for European industry and green transformation can be found in Greenland.
The Executive Vice President of the European Green Deal, Enterprise Relations and Foresight of the European Commission, Maros Sivčović, signed the Memorandum of Understanding with the Government of Greenland represented by the Minister of Business, Trade, Mineral Resources, Justice and Gender Equality, Naga Nathanelsen.
The signing of the MoU will contribute to the development of sustainable projects along the raw materials value chains and the deployment of the necessary infrastructure for their development.
The MoU provides for close cooperation between Greenland and the EU in five important areas; among which is the development of economic and industrial integration of the value chains of vital raw materials and other raw materials.
This includes networking, joint project development, creating and promoting new business models, attracting investments, supporting access to finance, facilitating business linkages, developing and integrating support for economic diversification and ensuring the smooth functioning and resilience of value chains.
Foster collaboration to leverage high environmental, social and international governance (ESG) standards, to ensure that Greenland ’ s mineral sector serves as a lever for sustainable and inclusive economic growth while creating local and local value.
This includes the sustainable exploitation of mineral resources in close dialogue with the Greenland community of individuals, organisations, institutions and other stakeholders, taking fully into account the unique nature of Greenland ’ s pristine lands and applying high environmental, social and governance standards set out in legislation, conventions, guidelines and best practices.
Deploy the infrastructure needed to develop raw material value chains.
This includes taking into account the specificities of Greenland's transport and energy infrastructure needs, taking into account Arctic or sub-Arctic conditions, and supporting the mobilization of funding for such infrastructure.
Capacity building and skills development along raw material value chains.
This includes developing skills at all levels in the raw materials industry and wider society.
Greenland is eligible to participate in the EU Framework Programme for Research and Innovation and provides Earth observation data thanks to the European Copernicus Satellite Programme which offers promising opportunities related to mineral exploration, sediment mapping and mining monitoring including waste management and environmental impact monitoring.
according to the statement.

Greenland’s parliament passed a law banning uranium mining and halted development at some southern rare earth sites, creating political and legal constraints on projects.

What has Greenland's new prime minister Mute Egede pledged to do regarding Kuannersuit rare earth mining?

Local environmental reviews, permitting requirements, and Arctic protection concerns have previously slowed development of Arctic deposits.

Conclusion: Greenland contains substantial rare‑earth resources and has active corporate and international interest, but significant technical, processing, environmental, and political barriers make near‑term commercial extraction and value realization uncertain.


Several documents state that Greenland contains significant quantities of critical raw materials and rare earth elements.

One report describes southern Greenland (Kuannersuit/Guanast) as hosting very large reserves of rare earths and uranium, characterized as the world’s second-largest after China and accounting for about 10% of global rare earth production.

A mining company named Tanbreez Mining is reported to have obtained a licence and claimed a deposit of about 19 million tonnes of rare earth oxides with roughly 30% classified as heavy rare earth elements, and the company stated production could begin as early as 2024.

The Greenland government has been reported as issuing at least one mining licence for rare earths in 2023 according to media coverage.

Greenland’s parliament passed a law banning uranium mining and halting development at Kuannersuit, which affects some rare-earth project development in the south of the island.

Chinese companies and investors have been involved in Greenland rare-earth projects, including links via Greenland Minerals to Shenghe Resources and a reported 12.5% stake acquired by Sungho Resources in Greenland Minerals.

The European Union and Greenland signed a memorandum of understanding to cooperate on sustainable raw material value chains and the EU stated that 25 of 34 critical raw materials it identifies can be found in Greenland.

Reports in the context note that mining and refining rare earths is technically complex and environmentally challenging because ores can contain thorium and uranium and refining can produce toxic and radioactive waste.

The documents state that separation and refining capacity is currently limited outside China and Russia, with new processing plants reported as planned in the United States and discussions of facilities in Europe, indicating downstream processing constraints for Greenland-sourced ores.

Several sources emphasize that Arctic location, environmental protection requirements, and permitting processes can substantially delay exploration and development timelines for northern and Arctic rare-earth projects.

A separate analysis of Greenland coastal resources highlights that export economics for bulk, heavy materials (such as mined sediments) can be constrained by high shipping costs and logistics, which is relevant to commercial planning for Arctic resources.

None of the provided documents supply a clear, independent monetary valuation for Greenland’s rare earth deposits or an agreed market valuation in monetary terms.

Documents name specific corporate actors or projects tied to Greenland rare-earth interest including Tanbreez Mining and Greenland Minerals (with reported Chinese backing), indicating active commercial interest and prior investment activity.

The Greenland government and the EU frameworks discussed in the context highlight aims to develop raw material value chains with a focus on environmental, social and governance standards and on mobilising infrastructure and investment.

Overall, the documents indicate that extracting and commercialising Greenland’s rare earths faces technical, environmental, processing, infrastructure and regulatory hurdles that could postpone or complicate development despite active investor and state interest.

Conclusion: Greenland hosts notable rare-earth resources and has attracted corporate and state interest, but the provided documents show no independent monetary valuation and they highlight significant environmental, processing, infrastructure and regulatory challenges that investors should investigate further before deciding.

Several documents state that Greenland contains significant quantities of critical raw materials and rare earth elements.

Title:

Content: AEX Gold aims to invest in Greenland through its new gold mining project

Traditionally known for its fishing and hunting industries, Greenland is fast becoming the next significant area of exploration for mining businesses. The largest island in the world, Greenland remains one of the least populated areas worldwide with 56,000 citizens, and it has sought to attract local and foreign investment across a number of new projects.

The island’s current position remains complex. A sovereign government, it is positioned under the Danish kingdom who provide grants to support its local economy. To further its independence and bolster its economy to create increased tax revenue, Greenland has embraced the exploration of new mining projects as well as utilising all the renewable and local resources it has to offer.

Rich in rare-earth minerals, gold, iron-ore, uranium, in addition to hydro and wind power, Greenland’s favourable legal framework and robust infrastructure, particularly in South Greenland, have factored into AEX Gold’s vision to explore through its Greenlandic subsidiary, Nalunaq Gold Mine, situated in the Nanortalik Gold belt, Southern Greenland.

Acquiring an existing Exploitation Licence in 2015, the company is at the advanced exploration stage of its Nalunaq property, including the previously operating Nalunaq Gold Mine.   It also holds Exploration Licences at the early exploration stage Vagar and Tartoq properties.

Hosting a high-grade NI 43-101 compliant gold resource estimate of 263k oz (inferred) at 18.7 g/t and a number of regional exploration targets, AEX Gold has undertaken three years of exploration at Nalunaq, developing an updated geological model and an extension of the main vein strike length up to 1km.

“The government is very supportive, so it's about having a sound exploration strategy. We are very much focused on that, as we have an asset package that we think we can grow and create a lot of value,” explains Chief Executive Officer, Eldur Olafsson.

Originating from Iceland, Olafsson has gained extensive experience of the local geography. Focusing on mining projects in Greenland since 2012, he has analysed the country’s potential against the backdrop of environmental responsibilities and associated legalities with partner SRK Exploration Services. Through this process, the business has turned its attentions solely towards gold exploration.

“The known gold deposits in Greenland are in an area where the climate is mild and, given our experience, logistics are relatively easy. Gold opportunities are easier to finance than larger base metals projects and our perception was that we could fully fund projects like these through our support here in Iceland and in the UK market,” he explains.

“We started looking for opportunities in the South Greenland Gold Province and became aware of this historically producing mine. We were attracted by the extremely high-grade potential of the resource and the fact that the project had significant infrastructure in place.  We believed there were significant opportunities to materially improve the mining operation that had been run by previous operators.”

Extensive exploration

Throughout the exploration of high-grade resources, Olafsson is proud to remain hands on and is regularly seen on site. By undertaking various technical studies, AEX has gained the ability to comprehensively analyse similar types of assets with potential.  After acquiring the Nalunaq project in 2015 the company has continued to expand its portfolio. Whilst Nalunaq encompasses the required licence to explore and recommence production at the old gold mine, they own the larger Vagar exploration licence, situated a few kilometres to the west of the mine, where AEX believes the ground is prospective for the discovery of further Nalunaq-type deposits.  In addition, they also own the early stage Tartoq Project to the North West of Nalunaq. Each licence area is at a different stage of exploration which supports AEX’s aim of having a continuous pipeline of projects being brought into production.

“We have a total of 690sqkm of licences in south Greenland and we're the only active listed gold company in Greenland. Previous operators undertook very little forward-looking exploration once the mine was in production.  It's a very under-explored region so we intend to recommence production within the next two years at Nalunaq in order to support our exploration in the larger licences in the next 5-10 years,” he says.

“Iceland is a short distance from Greenland, so logistically it’s good for us. Additionally, in Iceland you need to be really self-sufficient, and the same can be said for those in Greenland. We don't have as many people or the multitude of services that you would have in other countries which encourages you to think creatively,” he adds.

Consequently, the company has sought to maximise efficiency whilst keeping costs down, yet all the time adding increased value across its operations.

By acquiring a high-grade deposit, less material is needed to be broken down, lowering AEX Gold’s carbon footprint. Everything taken out of the mine from underground will be processed and shipped out to a different processing facility, or processed on site adhering to the current environmental guidelines. Historically, electricity has been generated through the use of traditional fossil fuels, something which is steadily changing throughout Greenland.

“We're using oil to put in generators or to power mobile mining equipment which is high cost both in monetary and environmental terms.   Greenland currently has five hydroelectric power plants and they are looking at building more in south Greenland,” says Olafsson.

Seeing huge opportunities, he explains that the use of hydropower and wind power would complement AEX Gold’s operations, not only in its existing exploration activities, but with the implementation of an electric mining fleet with electricity being obtained from local renewable resources.

Providing local opportunities

In the future, it will be essential for Greenland to gain further revenue to unlock opportunities and services for its citizens. This is something Olafsson believes that AEX Gold can help with due to its knowledge of Iceland as it has many similarities to Greenland and has been through a period of comparable change.

“Greenland is in a similar position to Iceland not so long ago. Iceland didn't have a high education rate and wasn’t wealthy compared to other European countries, with economic and cultural activities that were very insular. We are now at the highest level of all parameters in terms of education, wealth per family, etc. and this has stemmed from improving the breadth of schooling and creating opportunities for people to grow and develop outside of the traditional areas of agriculture and fisheries.

“Our aim is that the majority of employees will be Greenlandic, but it will take time. Greenland has a large number of people competing for jobs in the fisheries and tourist centres. It is important that Greenlanders are able to access programmes that will allow them to consider other career options. In Iceland we are importing a lot of people to work in different industries in our country because we don't have enough people. This might be the case for Greenlanders as well if the anticipated growth of the Mining Sector materialises but we want to ensure that, where possible, we use local people first before looking elsewhere.

“The Greenlandic Government provides good support for those who seek education.  There are an increasing number of Greenlandic students attending Danish Universities so that now, for example, we are seeing well qualified Greenlandic geologists available for employment.  There has been a Mining School at Sisimiut for the last 10 years which provides local qualified labour who can take advantage of opportunities in the Mining sector.  You need skilled labour and as we own a mine that was in production for 10 years previously, there is a fair bit of local knowledge that we have been able to use during our exploration work and which we are keen to utilise going forward,” he says.

“We are creating revenue for local communities, creating highly skilled jobs, and are providing benefits where local communities can live better lives and grow as individuals. We need to create opportunities for young people.”

Additionally, by working with local businesses as well as those who have been operating in Greenland for some time, AEX has made a conscious effort to hire companies which can support its growth. AEX have therefore acquired a longstanding relationship with Cartwright Drilling, due to the company’s extensive experience in Greenland and subsequent knowledge of the island’s government systems, processes and practices.

Planning to mine high-grade resources using significant infrastructure already in place, AEX Gold holds extensive licences managed by an experienced team. Previous operations produced between 50,000 to 100,000 ounces a year at 15.4 grams/ton produced and this has provided a benchmark for the company, who will utilise this cash flow to explore the wider region in the long-term.

“We have a five-year plan where we want to get into production at Nalunaq and use the cash generated to fund exploration in the wider district.   We envisage investing a significant amount in exploration assets to provide a portfolio of different deposits that we can bring into production. We are creating a company that has a long-term mission in Greenland to build up local know how to support our aim of ramping up to very profitable production across a number of projects,” notes Olafsson.

“It will create a dramatic effect on the local community and hopefully be a springboard for unlocking much larger potential in Greenland. There are plenty of deposits that have been found, but you have to be able to develop them. You can only do that that with support and cooperation from the local people who believe in your vision.”

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Content: Friday 01 December 2023
Chairman of the Board of Directors and Editors
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
Chairman of the Board of Directors and Editorial Board
Abdurrahim Ali
Editor-in-Chief
Dalia Abdul Rahim
The world.
EU and Greenland sign strategic partnership on raw material value chains
Follow the latest news through the app
The European Union has signed a memorandum of understanding with the Government of Greenland in Brussels to establish a strategic partnership to develop sustainable raw material value chains.
Greenland ’ s vast natural wealth is a key asset for reaping the benefits of global value chains, as it seeks to diversify its economy in a sustainable way, while 25 of the 34 critical raw materials identified by the Commission as strategically important for European industry and green transformation can be found in Greenland.
The Executive Vice President of the European Green Deal, Enterprise Relations and Foresight of the European Commission, Maros Sivčović, signed the Memorandum of Understanding with the Government of Greenland represented by the Minister of Business, Trade, Mineral Resources, Justice and Gender Equality, Naga Nathanelsen.
The signing of the MoU will contribute to the development of sustainable projects along the raw materials value chains and the deployment of the necessary infrastructure for their development.
The MoU provides for close cooperation between Greenland and the EU in five important areas; among which is the development of economic and industrial integration of the value chains of vital raw materials and other raw materials.
This includes networking, joint project development, creating and promoting new business models, attracting investments, supporting access to finance, facilitating business linkages, developing and integrating support for economic diversification and ensuring the smooth functioning and resilience of value chains.
Foster collaboration to leverage high environmental, social and international governance (ESG) standards, to ensure that Greenland ’ s mineral sector serves as a lever for sustainable and inclusive economic growth while creating local and local value.
This includes the sustainable exploitation of mineral resources in close dialogue with the Greenland community of individuals, organisations, institutions and other stakeholders, taking fully into account the unique nature of Greenland ’ s pristine lands and applying high environmental, social and governance standards set out in legislation, conventions, guidelines and best practices.
Deploy the infrastructure needed to develop raw material value chains.
This includes taking into account the specificities of Greenland's transport and energy infrastructure needs, taking into account Arctic or sub-Arctic conditions, and supporting the mobilization of funding for such infrastructure.
Capacity building and skills development along raw material value chains.
This includes developing skills at all levels in the raw materials industry and wider society.
Greenland is eligible to participate in the EU Framework Programme for Research and Innovation and provides Earth observation data thanks to the European Copernicus Satellite Programme which offers promising opportunities related to mineral exploration, sediment mapping and mining monitoring including waste management and environmental impact monitoring.
according to the statement.

What does Greenland's Tanbreez mine contain?

30% of oxides are highly sought after heavy rare earth metals

What does Greenland's Tanbreez mine contain?

30% of oxides are highly sought after heavy rare earth metals

One report describes southern Greenland (Kuannersuit/Guanast) as hosting very large reserves of rare earths and uranium, characterized as the world’s second-largest after China and accounting for about 10% of global rare earth production.

Title:

Content: Greenland ban on uranium mining prevents Chinese companies from expanding rare earths
November 13, 2021 17: 33
Eastern Network Television
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As part of its Arctic strategy, China has supported the mining of rare earths in Greenland by Australia ’ s Greenland Minerals, a Chinese-owned subsidiary of Shenghe Resources, through the Belt and Road Initiative.
However, Greenland ’ s parliament passed a new law banning uranium mining and halting the development of rare earth deposits at Kuannersuit, the southern tip of Greenland.
China's rare earth mining accounts for more than 70% of the global mining volume, and China's rare earth magnetic processing volume accounts for 90% of the global processing volume.
Sungho Resources, one of the world ’ s largest producers of rare earth materials, acquired a 12.5% stake in Greenland Minerals in 2016, making it the largest shareholder in the latter.
Guanast in southern Greenland is home to the world ’ s second-largest reserves of rare earths and uranium after China, accounting for 10% of the world ’ s rare earth production.
Since former US President Donald Trump proposed the idea of buying Greenland in 2019, the rich rare earth resources of Guanaster in southern Greenland have attracted attention.
Greenland ’ s local parliament was elected early on April 6. In the end, the pro-environmental left-wing Inuit Ataqatigiit party won the election, and its leader, Mute Egede, became the new prime minister.
He declared that he would do everything in his power to stop the Guanast Rare Earth Mine project.
In response, Greenland ’ s parliament has passed a new bill aimed at banning exploration of uranium deposits, as well as other radioactive deposits such as thorium, and halting the development of rare earth deposits at the southern tip of Greenland.

What percentage does Kuannersuit in southern Greenland account for in global rare earth production?

A mining company named Tanbreez Mining is reported to have obtained a licence and claimed a deposit of about 19 million tonnes of rare earth oxides with roughly 30% classified as heavy rare earth elements, and the company stated production could begin as early as 2024.

Title:

Content: Greenland to mine rare earths in 2024 | Economic Horizontal | DW | 30.07.2023
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Greenland to mine rare earths in 2024
According to the German "Economic Weekly" reported that a mining company has obtained permission from the Greenland government to mine rare earths on the island.
The company said production could begin next year.
Tanbreez Mining, a mining company, plans to mine rare earths in Greenland next year, according to the Economic Weekly.
“We can start production next year, ” said Greg Barnes, a geologist and owner of the company. Greenland ’ s deputy minister for minerals confirmed to the journal that a mining licence had been issued.
Barnes said the Tanbreez mine "contains more than half of the world's rare earth resources" and has 19 million tons of rare earth oxides.
Of these, 30% are highly favored heavy rare earth elements.
Rare earth contains a total of 17 kinds of metal elements, the properties of each metal are different.
Each metal has a unique industrial value.
Some of them are irreplaceable.
They are used, for example, in the manufacture of electric vehicles or wind turbines.
Last year, about two-thirds of Germany ’ s rare earths came from China. Mining such as rare earths is difficult and often harmful to the environment, as rare earths are often associated with iron ore, and the chemical process of refining often requires the use of acidic substances.
What is Rare Earth?
Barnes, owner of Tanbreez Mining, told Economic Weekly that to start mining for rare earths in Greenland, a factory would be needed to separate rare earths from heterosexual rocks.
Currently there are only such factories in Russia and China.
But one such plant will be built in the United States in the coming months.
There are also plans to build a factory in Europe.
Thanks to technological advances, the equipment that separates rare earths currently costs only $40 million.
According to Barnes, China paid 1.7 billion U.S. dollars for the equipment 13 years ago.
In January, Swedish state-owned mining company LKAB announced the discovery of Europe ’ s largest rare earth deposit to date.
But the company said it would take 10-15 years for the rare earth mine, located in Kiruna in northern Sweden, to be available to the market.
EU Plans to Diversify Rare Earth Supply Chain
(Agence France-Presse, Economic Weekly)
© 2023 Deutsche Welle Copyright Notice: All content in this article is protected by copyright law and may not be used without special permission from Deutsche Welle.
Any misconduct will lead to recovery and criminal prosecution.
DW.COM

What company has obtained permission to extract Greenland's rare earths?

What does Greenland's Tanbreez mine contain?

30% of oxides are highly sought after heavy rare earth metals

The Greenland government has been reported as issuing at least one mining licence for rare earths in 2023 according to media coverage.

Greenland’s parliament passed a law banning uranium mining and halting development at Kuannersuit, which affects some rare-earth project development in the south of the island.

What has Greenland's new prime minister Mute Egede pledged to do regarding Kuannersuit rare earth mining?

Which Greenland rare earth deposits has its Parliament prohibited from developing?

Chinese companies and investors have been involved in Greenland rare-earth projects, including links via Greenland Minerals to Shenghe Resources and a reported 12.5% stake acquired by Sungho Resources in Greenland Minerals.

What countries are invested in Greenland Minerals corp?

The European Union and Greenland signed a memorandum of understanding to cooperate on sustainable raw material value chains and the EU stated that 25 of 34 critical raw materials it identifies can be found in Greenland.

Reports in the context note that mining and refining rare earths is technically complex and environmentally challenging because ores can contain thorium and uranium and refining can produce toxic and radioactive waste.

Title:

Content: Sweden's new rare-earth metal find likely big deal for Western consumers

Sweden has discovered what is billed as Europe's biggest deposit of rare earth minerals - a crucial component of electronics and clean energy technology - giving a significant boost to the continent's hunt for trade security.

LKAB, the Swedish state-owned mining company, announced Thursday that it found deposits of more than 1 million tonnes of rare earth metals in the country's far northern Lapland province.

Products ranging from smartphones to electric vehicles and even military jets require these rare earth elements, which are not currently mined in Europe, the company said. Much of the world's supply comes from China, which has used them as a geopolitical tool.

LKAB president Jan Mostrom said in a statement that the find could be a "significant building block" for Europe, which faces a "supply problem." But the company also said that it would take at least a decade before the rare earth minerals discovered hit the market.

READ MORE:
* GM reaches supply deals for electric vehicle motor magnets
* Why rare earths are a Five Eyes hot topic
* The race against China's 'rare earths weapon'
* Rare earth could be common in NZ

Here's what to know about this major discovery and what it means for Western consumers.

What are rare earth minerals and where are they found?

Rare earths are not actually that rare. They are a group of 17 chemical elements, composed of scandium, yttrium and lanthanides, according to the US Geological Survey.

But mining rare earth minerals is complex, as supply is not concentrated in one location. Mining them also affects the environment, since their ores can be laced with radioactive materials such as thorium and uranium. Refining the minerals can generate toxic and radioactive waste, which poses environmental and health risks if not properly disposed of.

China hosts the majority of the world's reserve of rare earth minerals and is the world's leading supplier. (The United States was the largest producer several decades ago.) While Brazil and Vietnam have significant reserves, they lag far behind in mining them.

Access to the minerals became an issue in the trade war with China during the administration of US President Donald Trump. Beijing threatened to cut off exports to the United States in 2019 to retaliate against Trump's measures, pushing prices up and prompting Trump to sign an executive order increasing domestic production. The Biden administration has also pushed for investments in that supply chain.

Other countries have also moved to reduce their reliance on China. Australia is spending millions to develop a rare earths mine and processing plant in its Northern Territory.

What are rare earth minerals used for?

Multiple household goods, including televisions, computers, smartphones and lighting use rare earth minerals. Yttrium and europium, for instance, light up iPhone displays and allow them to vibrate.

They are also key elements of US-made defence systems, including night-vision technology, jets and armoured-vehicle alloys.

Rare earth minerals are critical for the global clean energy transition, as they are components of the magnets used in electric vehicles and wind turbines - although recently some companies have developed motors for electric vehicles that do not require rare earths.

What does Sweden's discovery mean for the climate?

LKAB's find was welcomed in Europe, which has faced energy challenges amid the Russian invasion of Ukraine. The European Union also has a goal of becoming climate neutral by 2050.

In September, a senior EU official said Europe's climate ambitions were at risk without reliable supply chains. "Take China, with its quasi-monopoly on rare earths and permanent magnets and prices rising by 50-90% in the past year alone," wrote Thierry Breton, an EU commissioner. "Supply of raw materials has become a real geopolitical tool."

The European Raw Materials Alliance notes that while the European Union has a massive electric-motor manufacturing sector, "it is almost fully import dependent" when it comes to rare earth permanent magnets.

Swedish Deputy Prime Minister Ebba Busch said Thursday that Europe's independence from Russia and China would begin with this mine.

Political leadership in the continent, she said, "must give the industry the conditions to switch to green and fossil-free production."

The Washington Post

The documents state that separation and refining capacity is currently limited outside China and Russia, with new processing plants reported as planned in the United States and discussions of facilities in Europe, indicating downstream processing constraints for Greenland-sourced ores.

Several sources emphasize that Arctic location, environmental protection requirements, and permitting processes can substantially delay exploration and development timelines for northern and Arctic rare-earth projects.

Title:

Content: People 's Network > > International
Large-scale rare earth mine found in Sweden threatens to ease EU ’ s rare earth shortage
January 19, 2023, 16: 34 | Source: Xinhua Network
Small number
Xinhua News Agency, Beijing, January 19, (International observation) Sweden found large rare earth mines may be difficult to alleviate the "rare earth shortage" in the European Union.
Xinhua News Agency reporter Xie Binbin
Sweden's state-owned mining company Luosa-Kiruna Mountain has announced that it has discovered a rare earth deposit in the Kiruna region of northern Sweden, containing more than 1 million tons of rare earth oxides.
It is the largest known rare earth deposit in Europe.
Analysts believe that although this discovery will help the EU to ease the situation of highly dependent on imports of rare earths, the EU's "rare earth shortage" is unlikely to have significant changes in the short term.
“A long way from discovery to development. ”
Jan Mostrom, chief executive of Luosa-Kiruna Mountain, said recently that the scale of rare earths in Kiruna has yet to be determined.
The company plans to submit a mining concession application this year, and it is expected to take several years to explore the deposits and the conditions for sustainable mining.
Rare earth is known as "industrial vitamins" and is widely used in metallurgy, military, petrochemical, glass ceramics, agriculture and new materials.
But the EU relies almost entirely on imports for rare earths.
"There is a long way to go from discovery to real mining," Mostrom said.
"It will take at least 10 to 15 years to start mining the deposit and supply it to the market," he said.
Several rare earth deposits have previously been found in Europe, such as in Kwane Bay in Greenland and Norrachel in Sweden.
However, because these sites are located near the Arctic, the need for local environmental protection has led to the development of the project is not smooth.
Ross Embleton, a researcher at Wood Mackenzie Consulting in the United Kingdom, believes that unless the approval process is shortened, the newly discovered deposit will not have an impact on the global supply of rare earths in the short term.
New opportunities for the Swedish industry
European Commission President von der Leyen said that the EU ’ s demand for rare earths is expected to increase fivefold by 2030, and that rare earths and lithium will “soon be more important than oil and gas. ”
For Sweden, the discovery of rare earth minerals will help reshape its image as an EU mining powerhouse, giving it a bigger role in the EU ’ s green transition.
The website of the French newspaper Le Monde pointed out that in the past decade, metal prices have been depressed, and mining exploration activities in Sweden have decreased sharply, but there are signs of recovery in the recent past.
It is also reported that this spring, the European Commission will introduce measures to strengthen its own supply of key raw materials, which means that Sweden's rare earth project may receive EU support.
Short-term changes to the pattern.
The European Union has been trying to diversify the rare earth supply chain for several years.
After the escalation of the crisis in Ukraine, the EU is more eager to push forward the process, especially to seek to strengthen its own supply within the EU.
However, the rare earth industry chain involves a series of procedures such as mining and separation, and the rare earth mineral reserves alone are not enough, which is also an important reason for the EU to get rid of its import dependence.
Geologists from the Swedish Geological Survey pointed out that Europe currently lacks the comprehensive capacity to process rare earth metals and manufacture intermediate products. “We also need to focus on the entire industry chain of rare earth metals, such as rare earth permanent magnets for wind turbines or electric vehicle engines. ”
Analysts stressed that the European rare earth industry chain is incomplete, the lack of advanced technology, talent and other supporting resources required, which will lead to the production of rare earth products cost too high, lack of competitiveness, and thus lead to the lack of incentives for enterprises to invest in this industry.
Experts pointed out that because China has the advantages of technology patents and industrial scale in processing links such as refining, many European companies choose to cooperate with China to process and extract raw materials, which is more economical.
Argus Media, an international independent pricing agency involved in energy and commodity markets, believes that some companies are pushing for a supply chain for rare earth products in Europe, "but the road to production of rare earth products is very difficult and requires huge investment and political will."
(Edited by: Cui Dege, Xu Xiangli)
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A separate analysis of Greenland coastal resources highlights that export economics for bulk, heavy materials (such as mined sediments) can be constrained by high shipping costs and logistics, which is relevant to commercial planning for Arctic resources.

Title:

Content: Greenland’s Melting Glaciers Spew a Complicated Treasure: Sand

Meltwater from the island’s ice sheet is loaded with the right kind of sand for concrete production—which further warms the planet.

Sand is both abundant and rare. Earth has vast deserts of the stuff, of course, but not the kind that’s in such high demand that sand mafias are killing for it. That special variety is a critical component of the concrete used in buildings and infrastructure, the production of which has skyrocketed exponentially over the last few decades. That has come at a significant climate cost: The industry now accounts for 8 percent of global carbon emissions.

Sand is also at the center of a strange climate story. Climate change is destroying Greenland’s ice sheet, producing an extraordinary amount of meltwater. (Even if we somehow totally stopped emissions today, Greenland’s melting could still contribute nearly a foot of sea-level rise.) And in a twist of fate, that meltwater is loaded with the right kind of sand for concrete production, which causes more warming and more melting. Great plumes of glacial sediment are swirling along the coast, actually adding land along the edges of the island. Even though Greenland is only three times the size of Texas, its ice sheet is the source of 8 percent of suspended river sediments flowing into the oceans.

The country now has to figure out whether exploiting that valuable, abundant resource on a wider scale would be environmentally, socially, and economically tenable. “It is quite controversial—we're saying Greenland can benefit from climate change,” says Mette Bendixen, a geographer at McGill University in Canada, who’s studying the idea. “Contrary to most of the other parts of the Arctic coast, Greenland is not eroding. It's in fact growing bigger, because the ice sheet is melting. So you can think of the ice sheet as a tap that pours out not only water, but also all the sediment.”

That sediment is special, indeed. Desert sand from, say, the Sahara is no good for making concrete because it’s too rounded and uniform. Over millennia, winds push those grains around, polishing them. If you make concrete out of such sand, “it's almost like building with marbles,” says Bendixen. “You want particles that are more angular in shape, not rounded. And that type of material is exactly what you get from rivers, for example, or material that has been deposited by glaciers.”

As Greenland’s ice sheet—which covers 700,000 square miles and is up to 10,000 feet thick—rubs against the land, it grinds up sediment, including sand, fine silt, and larger chunks of gravel. And as the ice melts, torrents of water carry all that debris to the sea, while the pounding of the rivers themselves further erodes the landscape. Compared to the thousands of years that sand spends rolling around the Sahara and becoming rounded, the particles coming off Greenland are fresher. They’re more angular and more diversely shaped. Instead of acting like marbles, they fit together like pieces of a jigsaw puzzle, which is good for concrete.

Greenland already harvests its sand for local, small-scale concrete production, since importing sand would be prohibitively expensive. This is limited to domestic companies, who have to win non-exclusive permits after passing environmental review by the government’s scientific advisers. They can also apply to export the sand, but that requires additional licensing. “We are basically also open for sand extraction aiming at export, but then it will be treated like any other mining activity,” says Kim Zinck-Jørgensen, of the Greenland government’s Mineral Licence and Safety Authority. “And for that you'll have a much greater setup with regulations and also environmental impact assessments, social impact assessments.”

Currently, dredging boats suck up sediment along the coast and filter out the sand, which is then brought back onshore. But if Greenland decides to scale up sand extraction for export, that would mean big ships would have to haul the stuff away to international ports. “It's important to stress that if you extract whatever natural resource, there will be environmental consequences,” says Bendixen. “But really, here the environmental consequences can be super broad.”

For one, those big ships will also be bringing in ballast, or the water they’ve collected from elsewhere and stored in their hulls for balance. If that ballast is released off the coast of Greenland, it may introduce invasive species. And, of course, dredging coastal sediments would further endanger underwater native creatures—and on land, increased mining operations might scare away the game that Inuit hunters rely on. (Greenland’s population is about 90 percent indigenous Inuit. The Greenland branch of the Inuit Circumpolar Council, an NGO representing Inuit peoples, declined to comment for this story.)

Interestingly, though, last month Bendixen and her colleagues published a survey of Greenlanders about their opinions on sand extraction. They found that 84 percent of adult residents are in favor of it, and three-quarters want it to be a national project. “It turns out that the vast majority of Greenlanders think that it should be primarily a Greenlandic enterprise,” says Rasmus Leander Nielsen, a political scientist at the University of Greenland, who did the survey with Bendixen. “Maybe you could have some smaller-scale, Greenlandic-led companies that could start off. And then eventually, when the business case is more favorable, then we could go into a larger export.”

About that business case: While the global demand for sand has gone wild, the economics of exported Greenland sand aren’t yet clear. A company would have to pay to run the local operations and foot the shipping costs to get the resource off the island. Those will be considerable, since sand is heavy and takes up a lot of room in a ship.

The Greenland government recently worked with a consultancy that did an assessment, finding that exporting the sand to Europe isn’t economically feasible at the moment. “Whether it's feasible to export it further on to the Middle East, I don't know,” says Thomas Lauridsen, chief adviser to Greenland’s Ministry of Mineral Resources and Justice. “But we will then be in competition with European companies that will dredge sand in Europe or closer to the customer.”

Lauridsen adds that it’s up to the private sector to determine whether selling Greenland’s sand is cost-effective or not. And that export cost calculus may change in the future. “By 2100, the demand for sand is going to rise 300 percent, and the price 400 percent,” says Bendixen. “So we don't have to look that much farther into the future to start seeing a different calculation here in terms of whether it's worthwhile.”

Yes, a world with more sand harvesting for making more concrete would also mean more carbon emissions, more warming, and more melting of Greenland’s ice sheet. But, Bendixen says, all that glacial sand need not go exclusively toward concrete. Coastal communities are increasingly clamoring for sand to hold back rising seas, a fortification known as beach nourishment. “Just think of the irony in using the sand for beach nourishment to mitigate sea-level rise,” says Bendixen, “which is caused by—to a large extent—the melting of the Greenland ice sheet!”

None of the provided documents supply a clear, independent monetary valuation for Greenland’s rare earth deposits or an agreed market valuation in monetary terms.

Documents name specific corporate actors or projects tied to Greenland rare-earth interest including Tanbreez Mining and Greenland Minerals (with reported Chinese backing), indicating active commercial interest and prior investment activity.

What company has obtained permission to extract Greenland's rare earths?

What countries are invested in Greenland Minerals corp?

What is one of the global key REE manufacturers?

What company has obtained permission to extract Greenland's rare earths?

What countries are invested in Greenland Minerals corp?

What is one of the global key REE manufacturers?

The Greenland government and the EU frameworks discussed in the context highlight aims to develop raw material value chains with a focus on environmental, social and governance standards and on mobilising infrastructure and investment.

Overall, the documents indicate that extracting and commercialising Greenland’s rare earths faces technical, environmental, processing, infrastructure and regulatory hurdles that could postpone or complicate development despite active investor and state interest.

Conclusion: Greenland hosts notable rare-earth resources and has attracted corporate and state interest, but the provided documents show no independent monetary valuation and they highlight significant environmental, processing, infrastructure and regulatory challenges that investors should investigate further before deciding.


India and Russia have maintained a special and privileged strategic partnership under Prime Minister Modi and President Putin, reinforced by frequent high‑level contacts.

Their cooperation has emphasized defense and energy, with leaders signing military and oil agreements during recent visits.

The two sides held their first 2+2 foreign-and-defence ministerial meeting and signed multiple military cooperation pacts, including a 10‑year military cooperation agreement and technology transfer for AK‑203 rifles.

Russia has begun supplying India with S‑400 long‑range air‑defense systems.

About 80 percent of India’s military equipment is of Russian origin, even as New Delhi diversifies purchases from the United States, Israel, and France.

The Ukraine war increased economic ties: discounted Russian oil and other supplies helped raise bilateral trade from about $15 billion in 2021–22 to $65 billion in 2023–24.

The conflict has strained military supply chains, causing delays in spare parts and deliveries, including only partial delivery of ordered S‑400 systems.

India’s rivalry with China has directly influenced procurement choices, with Indian officials citing the S‑400 purchase as intended to strengthen deterrence against China and Pakistan.

At the same time India has sought closer ties with the United States, increasing arms purchases and participating in initiatives like the Quad while trying to manage defense relations with Russia.

Russia’s growing alignment with China and heightened tensions with the West create strategic uncertainty despite deepening nuclear and civil‑energy collaboration, including Rosatom projects that bind the two countries long term.

Conclusion: Under Modi and Putin the relationship has deepened in defense and energy cooperation but is shaped by India’s China rivalry, India’s outreach to the United States, and Russia’s alignment with China, producing both cooperation and strategic uncertainty.

India and Russia have maintained a special and privileged strategic partnership under Prime Minister Modi and President Putin, reinforced by frequent high‑level contacts.

Title:

Content: Top

Old friends

X

On Monday, PM Modi spoke over the phone with Russian President Vladimir Putin. The phone call reportedly was a follow-up on many of the issues raised during Putin's recent India visit on December 6. According to a statement by the PMO, the two leaders have agreed to remain in regular touch with each other on a range of issues covered under the India-Russia Special and Privileged Strategic Partnership. Insofar as visits from foreign dignitaries and leaders go, Putin's visit to India earlier this month was arguably the most consequential development for India in the field of foreign affairs for quite some time. India, as may be known, has a long and storied relationship with Russia and its precursor, the Soviet Union. From the earliest days, the friendship between the two nations had a strong strategic undertone with both sides supporting each other on the world stage whenever necessary. Indeed, the Soviet Union was undeniably India's greatest ally in the 20th century against the machinations of the western powers like the US that did not take kindly to India announcing itself to be a 'socialist' nation. From Kashmir to the Bangladesh Liberation War, Russia has stood by India in defence of its strategic interests. As a proof of the relationship, a majority of military equipment India currently possesses was either directly supplied by Moscow or is otherwise of Russian origin. In recent years, with the fall of the Soviet Union and India's move towards liberalising its economy, India has ventured out into the world to make a new set of friends. This time around, it is India and the US that are getting along like a house on fire. India has deliberately sought to widen its field diplomatically and militarily in order to not be tied down to a single nation with the rather pragmatic understanding that there are no permanent relationships in international politics. In more recent times, Russia and India have somewhat drifted further apart as Russia bands together with India's rival China to take on the hegemony of the western world that is held up by the US. While India has no interest in joining the US in its power games against Russia, it is very much interested in leveraging its relationship with the west in its struggle to contain a belligerent China. It is here that India has had to perform a tremendous tight-rope walk, particularly following the 2014 annexation of Crimea by Russia. On the one hand, you have America that wishes to limit or even extinguish India's strategic relationship with Russia. On the other, you have Russia that is increasingly concerned and agitated by India drawing ever closer to the US's sphere of influence as it joins America in endeavours like the Quad grouping. Of particular concern to both sides is India's continuing dependence on Russia for military equipment. The US, already having sanctioned Turkey for the same, looks on menacingly as it threatens India with sanctions for buying the S-400 missile system. Russia, of course, is not only interested in keeping its old defence ties but even expanding them, as it has been recently teasing India with the possibility of being the first nation in the world to buy the improved S-500 missile system. In this regard, Putin's visit to India could be termed as symbolic. Since the beginning of the pandemic, Putin has only ventured out twice from his country, with the second trip being the one to India. His tone and body language during the meeting with PM Modi spoke volumes of the importance he attaches to maintaining the ties with India. Aside from underscoring the good working relationship he has with India's PM, the visit also highlighted that despite the recent turns of history, the two nations still have much to share and collectively work towards. Common concern in regards to the Taliban and Afghanistan is one such area that the two sides are looking to cooperate on in the near future. Another is strengthening existing defence ties between the two nations. Underscoring its strategic independence, India has decided to continue with its defence dealings with Russia, discussing the purchase of the S-400 missile system while also finalising a long-pending Rs 5,000 crore deal for the production of over five lakh AK-203 rifles in a joint Indo-Russian deal. But all said and done, the future of India's relationship with Russia still has some shades of uncertainty. Primary amongst them is the ongoing escalation between Moscow and NATO in regards to Ukraine and eastern Europe. If Russia should choose to brave threats of western sanctions to take action in Ukraine, where does this leave India? Can India still continue its balancing game between east and west at a time when geopolitics are heating up to a boiling point? That remains to be seen.

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Title:

Content: Russia / India / Politics / Military
Modi Meets Putin, Putin Praises India as ‘ Strong and Reliable Ally ’
Putin, who is visiting India, praised India as a "strong and reliable ally" of Moscow. Putin's visit focused on "energy" and "defense". The foreign ministers and defense ministers of the two sides held their first 2 + 2 meeting and signed a number of military cooperation agreements.
In a joint statement, the two sides reiterated their intention to strengthen defense cooperation and achieve the goal of reaching US $30 billion in bilateral trade by 2025.
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Indian diplomats said on Monday that Russia had begun supplying India with S-400 long-range air defense systems.
During Putin ’ s meeting with Indian Prime Minister Narendra Modi, the two sides also signed a 10-year military cooperation agreement and an oil cooperation agreement.
In a joint statement issued after the meeting, the two sides reiterated their intention to strengthen defense cooperation, including joint research and development and production of military equipment. They also stressed the need to achieve the goal of 30 billion US dollars in bilateral trade by 2025, and strengthen cooperation in energy and satellite navigation.
Speaking to the media before his meeting with Modi, Putin said: "We consider India to be a big country, a friendly country and a security ally."
Putin ’ s trip to India is aimed at strengthening ties with India ’ s traditional allies, which are being eroded by the United States.
To counter China ’ s rise, the United States has established the Quad Security Dialogue (Quad) with India, Japan and Australia, drawing attention from Beijing and Moscow.
During the Cold War, India had close relations with the Soviet Union, a relationship that continues to this day, described by New Delhi as a “special and privileged strategic partnership. ”
Indian Prime Minister Narendra Modi met with visiting Russian President Vladimir Putin on Monday to discuss defense and trade relations between the two countries to strike a balance with the United States.
"Over the past few decades, there have been many fundamental changes in the world, as well as various geopolitical elements, but India's friendship with Russia has always been the same," Modi said before the meeting with Putin.
India ’ s foreign ministry said the annual bilateral summit covered political and defence issues.
The two leaders also discussed the takeover of the Afghan regime by the Taliban earlier this year, which has led to a humanitarian crisis in Afghanistan.
India and Russia have long had close ties, and both sides have set a goal of reaching US $30 billion in bilateral trade by 2025.
But recently, India and the United States have drawn closer, seeing the United States as a key force in the fight against China.
India, while strengthening its military ties with the United States, is also trying to manage its defense relations with Russia.
India, a major arms importer, relied heavily on the former Soviet Union for its military supplies during the Cold War, and now buys weapons from the United States in a decentralized manner.
Under former US President Donald Trump, India signed more than US $3 billion in arms purchase contracts with the United States, and the two countries ’ armaments trade has increased from zero in 2008 to US $15 billion in 2019.
On the other hand, India ’ s purchase of the Russian-made S-400 missile system to counter China has become a major problem in relations with the United States.
This sophisticated anti-aircraft missile defense system, once available, is expected to give India the strategic deterrent power against China and Pakistan.
However, the United States has asked partners not to purchase Russian-made military equipment, or it may impose sanctions.
In addition, India and Russia held their first 2 + 2 meeting in New Delhi on Monday, where they signed a number of cooperation agreements on "military and small arms".
Russian Foreign Minister Sergei Lavrov and Defense Minister Sergei Shoigu arrived in New Delhi on Monday night and held a 2 + 2 meeting with Indian Foreign Minister Igor Sujason and Defense Minister Manmohan Singh.
The Ministerial 2 + 2 meeting was the first between India and Russia.
Singh tweeted after the meeting that discussions on defence cooperation between the two sides had been fruitful and that India valued the "special strategic partnership" with Russia.
He added that the two sides had signed several agreements, contracts and protocols on small arms and military cooperation.
However, Singh and India ’ s Ministry of Defence have yet to release a formal statement or press release disclosing details of the various agreements signed with Russia.
Indian media reported that one of the major agreements was the technology transfer and local production of the Russian-made AK-203 assault rifle.
Under the agreement, India will produce more than 600,000 AK-203 assault rifles in India over the next 10 years through an Indo-Russian joint venture.
Another deal is to extend the 10-year India-Russia military-technical cooperation agreement until 2031.

Title:

Content: New Delhi | Jagran News Desk: Prime Minister Narendra Modi met visiting Russian president Vladimir Putin at Delhi’s Hyderabad House on Monday evening. Prime Minister said that India-Russia ties are stronger than ever.

Prime Minister Modi added that despite the challenges posed by the pandemic, there has been no change in the relationship between India and Russia. He further pointed out that the two countries cooperated during the COVID-19 crisis too, in the field of vaccine and humanitarian support. "The relation between India and Russia is truly a unique and reliable model of interstate friendship," Prime Minister Narendra Modi said.

"You (Putin) should be credited for the strategic partnership between our countries for the 3 decades," PM Modi said, acknowledging Russian President Vladimir Putin's role in nurturing the bilateral traditions between India and Russia.

India a great power, time-tested friend: Vladimir Putin

Russian President Vladimir Putin said that Russia considers India 'a great power' and a 'time tested' friend. "The relations between our nations are growing and I am looking into the futur," Putin added while further asserting his happiness at being in India, saying that he is 'happy to travel to India'.

"Currently mutual investments stand at about 38 million with a bit more investment coming from the Russian side. We cooperate greatly in military and technical sphere like no other country. We develop high technologies together as well as produce in India," Putin said.

This is the first in-person meeting between PM Modi and President Putin after their meeting on the sidelines of BRICS summit in Brazil in 2019 before the beginning of COVID-19 pandemic. Both the leaders are scheduled to hold deliberations to review the prospects of bilateral relations and recalibrate the long standing India-Russia friendship.

"The agenda for the dialogue will cover political and defence issues of mutual interest. The establishment of this new mechanism of two plus two dialogue is expected to further strengthen the strategic partnership between the two countries," Ministry of External Affairs spokesperson Arindam Bagchi had said earlier.

Posted By: Mukul Sharma

What do Putin and Modi officially characterize Russia/ India relationship as?

What formal frameworks do India and Russia cooperate within?

What do Putin and Modi officially characterize Russia/ India relationship as?

What formal frameworks do India and Russia cooperate within?

What do Putin and Modi officially characterize Russia/ India relationship as?

What formal frameworks do India and Russia cooperate within?

Their cooperation has emphasized defense and energy, with leaders signing military and oil agreements during recent visits.

Title:

Content: Prime Minister Narendra Modi ’ s recent two-day visit to Russia may have been watched more in the West than in India itself.
Modi received an official reception in Russia, where President Vladimir Putin, who faces Western sanctions over the war in Ukraine, described the Indian prime minister as his “best friend. ”
The visit, Modi ’ s first overseas trip after taking office for a new term, has been described as of international significance.
India is in a unique position as it enjoys long-term relations with Russia while at the same time getting closer to the United States and is now in a position to win the trust of both sides.
Thus, while India is unlikely to play the role of mediator, the South Asian country, during the crisis period, could play some role in helping to find a solution to the war in Ukraine.
But throughout the visit, Modi was clearly balancing India ’ s position between the two sides.
He has described Russia as a friend at all times, referring to how Moscow has advanced in the past to help New Delhi.
Russia shared nuclear technology with India at a time when no other country was willing to do so.
It is also supplying arms to India and helping to strengthen its defence deterrence amid border problems with neighbouring countries.
While India is now diversifying its defense purchases from Israel, the United States, and France, among others, 80 percent of India ’ s military equipment to date comes from Russia.
Russia has also become important since the outbreak of the Ukrainian war, to provide fuel at reduced prices, which is crucial for India, whose energy needs are growing exponentially.
Cheap fuel helped New Delhi adjust inflation in India.
At the same time, India ’ s relations with the United States have grown at a rapid pace in recent times.
Against this backdrop, the visit was also a lesson in skilful diplomatic manoeuvres, as Modi managed to strike a good balance between the two sides.
During the visit, Modi noted that his 17 meetings with Putin over the past decade have strengthened mutual trust and respect between the two sides.
The Indian prime minister not only called Russia a friend at all times, but also a “partner for better or worse. ”
The two leaders also exchanged views on the Ukraine crisis.
The Indian prime minister reiterated his country's position that there could be no solutions to the crisis amid "guns, bullets and bombs".
"Whether it is a war, a conflict or a terrorist attack, anyone who believes in humanity suffers when there is a loss of life," he said, stressing that "when innocent children are killed, the heart bleeds and this pain is very frightening."
There is no doubt that Modi ’ s visit to Russia was significant.
Apart from the international attention from a political point of view on its outcome, the visit is seen as adding to the continued momentum in relations between the two countries.
Economic relations in particular have received a boost since the outbreak of the Ukraine crisis, mainly due to India ’ s imports of oil, fertilizers and gas at reduced prices.
Trade between India and Russia, which has been stagnant for years, rose from $15 billion in 2021-2022 to $65 billion in 2023-2024 after the outbreak of the Ukrainian war in 2022.
So, during Modi ’ s visit, the two sides also discussed ways to strengthen economic ties.
The two countries agreed to boost trade to $100 billion by 2030, reduce non-tariff barriers, reduce trade imbalances in Russia ’ s favor, improve connectivity and increase trade in agricultural goods.
They also discussed some outstanding problems that remain unresolved between the two countries, such as the issue of the growing trade imbalance.
The outbreak of the Ukrainian war, which was the reason for the strengthening of energy ties between the two countries, put pressure on the military relationship, delaying shipments of spare parts and new weapons.
For example, Russia has so far delivered only three of the five S-400 Triumf surface-to-air missile systems, while the other two are behind schedule.
The delivery of spare parts and other military equipment remained an essential part of the discussions.
The two sides are now exploring the possibility of establishing partnerships in joint ventures in India for some important parts of arms.
Modi ’ s visit to Russia, while surprising to the West, was of great importance to India in pushing forward its relations with Russia.
* Chairman of the Centre for Islamic Studies, New Delhi

In what fields are India and Russia cooperating?

energy
security & military
weapons supply

In what fields are India and Russia cooperating?

energy
security & military
weapons supply

The two sides held their first 2+2 foreign-and-defence ministerial meeting and signed multiple military cooperation pacts, including a 10‑year military cooperation agreement and technology transfer for AK‑203 rifles.

In what fields are India and Russia cooperating?

security & military
weapons supply
weapons joint production

What formal frameworks do India and Russia cooperate within?

defense ministers' meetings
foreign ministers' meetings

Russia has begun supplying India with S‑400 long‑range air‑defense systems.

In what fields are India and Russia cooperating?

In what fields are India and Russia cooperating?

About 80 percent of India’s military equipment is of Russian origin, even as New Delhi diversifies purchases from the United States, Israel, and France.

In what fields are India and Russia cooperating?

security & military
weapons supply
commerce

In what fields are India and Russia cooperating?

security & military
weapons supply
commerce

The Ukraine war increased economic ties: discounted Russian oil and other supplies helped raise bilateral trade from about $15 billion in 2021–22 to $65 billion in 2023–24.

How has Russia/ India trade evolved since the start of the war in Ukraine?

India's purchases of Russian oil increased

In what fields are India and Russia cooperating?

The conflict has strained military supply chains, causing delays in spare parts and deliveries, including only partial delivery of ordered S‑400 systems.

How has Russia/ India arms trade evolved since the start of the war in Ukraine?

India’s rivalry with China has directly influenced procurement choices, with Indian officials citing the S‑400 purchase as intended to strengthen deterrence against China and Pakistan.

In what fields are India and Russia cooperating?

Why is maintaining a relationship with India important for Russia?

Why is maintaining a relationship with Russia important for India?

In what fields are India and Russia cooperating?

Why is maintaining a relationship with India important for Russia?

Why is maintaining a relationship with Russia important for India?

At the same time India has sought closer ties with the United States, increasing arms purchases and participating in initiatives like the Quad while trying to manage defense relations with Russia.

How did India react to the war between Russia and Ukraine?

India did not directly oppose Russia's actions

What has negatively affected India/ Russia current relationship?

How did India react to the war between Russia and Ukraine?

India did not directly oppose Russia's actions

What has negatively affected India/ Russia current relationship?

Russia’s growing alignment with China and heightened tensions with the West create strategic uncertainty despite deepening nuclear and civil‑energy collaboration, including Rosatom projects that bind the two countries long term.

Title:

Content: 11 July 2024, 09: 32
The West ’ s attempt to undermine Russia has increased the danger of a third world war
Global Look Press
Read us in: Google News
The danger of a third world war is growing, and it may arise in Europe.
Such a statement in an interview with RIA Novosti was made by the scientific director of the Faculty of World Economy and World Politics of the HSE Sergey Karaganov.
“The main reason for this is the desperate attempt of the West to undermine Russia, ” he said.
The political scientist noted that he insists on reviving the role of the nuclear factor as a reliable fuse.
In his opinion, this is necessary both for the protection of Russia and the whole world.
In the interview, the expert also noted that the collapse of the West will cause the emergence of new world centers.
“Some states fall, others rise … This is a natural process, ” he explained.
The fact that Russia is interested in peace, and the West - in unleashing a global conflict and the sale of new batches of weapons, said Turkish President Recep Tayyip Erdogan.
He noted that some countries are literally paving the way for World War III.
Earlier, former US President Donald Trump said that the United States is going through terrible times, and the current leader Joe Biden is just dragging the country into a world war.
“U.S. policy is repugnant. ”
Americans panicked over BRICS meeting
RIA "News"
Read us in: Google News
The June meeting of BRICS foreign ministers and partners pointed to growing discontent with the US policy in the world.
This was stated by international columnist Adam Gallagher in an article for Newsweek.
Journalists and observers paid close attention to the G7 summit and the conference on Ukraine, but the key event that did not take place in Russia - the meeting of BRICS foreign ministers with colleagues from two dozen countries of the Global South.
“This meeting … showed that US policy is being rejected by more and more countries, ” Gallagher said.
According to him, the BRICS events are favorably different from the summits in the West.
The organization promotes fairer systems of security, finance and governance.
Twenty-four countries are in line to join the BRICS, Federation Council Chairman Valentina Matvienko said earlier.
In the West, nothing can be done about the expansion of the organization.
EU countries have prepared a “punishment ” for Orban ’ s visit to Russia
Unsplash
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European Union member states are going to boycott the ministerial meetings organized by Hungary.
This will be a “punishment ” for the country ’ s Prime Minister Viktor Orban for his visit to Moscow, Politico reported.
During a private meeting, the representative of Hungary in the European Union Balint Odor faced unprecedented criticism from colleagues.
If Orban continues his current course, Hungary faces “real consequences, ” the authors of the material noted.
One such measure would be the boycott of informal meetings.
The European Council event, which took place on July 9, was attended by representatives of only seven of the 27 countries.
Orban ’ s desire to resolve the conflict in Ukraine caused outrage at the head of the European Commission Ursula von der Leyen, said the French politician Florian Filippo.
According to him, the Hungarian prime minister is “trolling the EU ”.
“A serious mistake. ”
Antonov on US plans to deploy missiles in Germany
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The United States ’ plans to deploy intermediate-range and shorter-range missiles in Germany directly threaten international security.
This was stated by Russian Ambassador to Washington Anatoly Antonov, whose words led RIA Novosti.
The diplomat called such steps extremely destabilizing – the Americans increase the risk of an arms race.
"This is a serious mistake of Washington," Antonov said.
He warned that Russia ’ s tolerance for provocations against security is not unlimited.
American missile strike potential facilities in Germany will be in the range of Russian sights.
Earlier, Antonov praised the first day of the NATO summit.
According to him, the participants of the meeting continue to inflame military psychosis, as well as impose authoritarian orders that meet the interests of the “golden billion ”.
11 July 2024, 05: 23
“This friendship is for a long time. ”
Nuclear projects link relations between Russia and India
RIA "News"
Read us in: Google News
General projects for the construction of nuclear power plants in India marked a new stage in Russian-Indian relations.
This was reported by CNN.
“Relations between [Indian Prime Minister Narendra] Modi and [Russian President] Putin <... > are now ‘ green ’.
Not only that, they have also become nuclear, ” the journalists said.
The publication noted that earlier cooperation between the two countries was limited to trade in hydrocarbons.
Now states are betting on uranium and “green ” energy sources.
In addition, long-term relations between India and Russia are associated with the constant maintenance of nuclear power plants by Rosatom specialists.
Indian companies will also supply Russian uranium.
“It feels like this friendship will last for a long time.
Deepening nuclear cooperation <... > will bind the countries for decades to come, ” the TV channel summed up.
Earlier, Putin and Modi called for the reform of the UN Security Council and the accession of India to the number of permanent members.
This is necessary to deal more effectively with issues related to security and peace.
News on the topic

Conclusion: Under Modi and Putin the relationship has deepened in defense and energy cooperation but is shaped by India’s China rivalry, India’s outreach to the United States, and Russia’s alignment with China, producing both cooperation and strategic uncertainty.