Greenland is believed to have significant rare earth deposits, including a mine with over half of the world's resources and 19 million tons of rare earth oxides.

Greenland's rare earth minerals are estimated to be worth a substantial amount.

The west coast of Greenland is a potential site for rare earth mineral deposits, prompting privately funded treasure hunts.

The Surftog Carbonatite complex in Greenland contains neodymium and praseodymium deposits, essential for rare earth magnets used in electric vehicles and wind turbines.

Extracting rare earth minerals in Greenland is expected to be difficult and environmentally harmful.

Toronto's New Performance Materials has been licensed to mine rare metals in Greenland's Surfertog project.

NEO plans to build a permanent magnet plant in Estonia to supply European manufacturers of electric vehicles, wind turbines, and energy-efficient motors and pumps.

Kobold Metals and other companies are exploring Greenland for minerals with support from billionaires like Bezos, Bloomberg, and Gates.

The Greenland government has issued a mining license to Tanbreez Mining to extract rare earths, with production set to start next year.

The mine is estimated to contain over half of the world's rare earth resources, totaling 19 million tons of rare earth oxides.

AEX Gold is investing in Greenland through a new gold mining project, holding an Exploitation Licence and Exploration Licences.

China is interested in Greenland's rare earth minerals, with companies like Shenghe Resources and Sungho Resources investing there.

Greenland's parliament has banned uranium mining, halting rare earth development at Kuannersuit.

The ban prevents Chinese companies from expanding rare earth mining in Greenland.

Greenland is a potential hot spot for coal, copper, gold, rare earth elements, and zinc.

Extracting rare earth minerals in Greenland poses technical challenges due to toxicity.

Environmental concerns in Greenland's rare earth mineral extraction include pollution, requiring controlled technology and qualified labor.

Valuing rare earth minerals requires control of extraction and refining technology, and accurate field surveys.

Greenland's rare earth mineral extraction requires mitigation strategies, including environmentally friendly technologies and practices.

China and France are interested in developing rare earth minerals, with France considering cooperation with Algeria.

Tanbreez Mining and other corporations plan to develop Greenland's rare earth minerals, starting production in 2024.

A ban on uranium mining in Greenland prevents the development of rare earth deposits at Kuannersuit.

The Greenland government is aware of the country's potential for economic diversification through mineral extraction.

The search for rare earth minerals in Greenland is driven by the growing demand for clean energy technologies.

Extracting rare earth minerals in Greenland will be challenging, but the country could become a major supplier.

Several companies are exploring for rare earth minerals on Greenland's west coast.

Extraction of rare earth minerals in Greenland is complicated by the need for specialized factories and potential environmental impacts.

The Greenland government is aware of the need to balance the benefits and drawbacks of mineral extraction.

Several countries and corporations may be interested in extracting Greenland's rare earth minerals.

The search results do not include the estimated value and location of Greenland's potential rare earth mineral deposits, indicating a need for further research.

The social and economic impacts of large-scale rare earth mineral extraction in Greenland must be carefully balanced to ensure sustainable development.

The Guanast area in southern Greenland has the world's second-largest reserves of rare earths and uranium, accounting for 10% of global production.

Greenland's parliament has passed a bill banning uranium and rare earth exploration.

Greenland's new prime minister, Mute Egede, vows to stop the Guanast Rare Earth Mine project.

China supports Greenland Minerals, a Chinese-owned subsidiary, in mining rare earths in Greenland through the Belt and Road Initiative.

Greenland's parliament has passed a law banning uranium mining and halting rare earth development, preventing Chinese expansion.

The Greenland government has asked Junan, a Chinese mining company, to return geological data, pay 1.5 million Danish kroner, and clean up the mine.

Greenland's government has revoked a Chinese mining company's license due to unpaid guarantees and inactivity at the Nuuk iron ore mine.

The Greenland government has assessed ice-free land for mineral extraction to diversify the economy.

Greenland is a potential hot spot for coal, copper, gold, rare earth elements, and zinc.

The Greenland government prioritizes regulating rare earth mineral extraction to support the industry, protect the environment, and ensure economic benefits.

Tanbreez Mining has been permitted by the Greenland government to mine rare earths, with production potentially starting as early as next year.

The Tanbreez mine contains over half of the world's rare earth resources, with 19 million tons of rare earth oxides, including 30% heavy rare earth.

Tanbreez Mining has been issued a mining license to start production in Greenland in 2024.

Greenland needs to develop its transport and energy infrastructure to support large-scale rare earth mineral extraction, considering its Arctic conditions.

Developing infrastructure requires funding, capacity building, and skills development.

Greenland is eligible to participate in the EU Framework Programme for Research and Innovation, supporting activities like mineral exploration and mining.

The European Copernicus Satellite Programme offers opportunities for mineral exploration, sediment mapping, and environmental monitoring.

There are plans to build infrastructure to support large-scale rare earth mineral extraction in Greenland, but the timelines and details are unspecified.

Developing Greenland's infrastructure and extracting rare earth minerals will require international cooperation and investment.

The European Commission has signed a Memorandum of Understanding with Greenland to develop sustainable raw materials projects and related infrastructure.

The Memorandum of Understanding promotes cooperation between Greenland and the EU in areas including economic integration and raw materials development.

The cooperation between Greenland and the EU includes joint project development, business support, and economic diversification efforts.

Greenland and the EU, along with private companies like Tanbreez Mining, will cooperate to fund and implement infrastructure plans for large-scale rare earth mineral extraction in Greenland.

Greenland and the EU will cooperate to address the country's transport and energy infrastructure needs, focusing on funding mobilization.

Capacity building and skills development will be supported along raw material value chains.

Greenland is believed to have significant rare earth deposits, including a mine with over half of the world's resources and 19 million tons of rare earth oxides.

Title:

Content: Greenland to mine rare earths in 2024 | Economic Horizontal | DW | 30.07.2023
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Economic stratification
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 does Greenland's Tanbreez mine contain?

19 million tons of rare earth oxides
over half of rare earth resources

Greenland's rare earth minerals are estimated to be worth a substantial amount.

What does Greenland's Tanbreez mine contain?

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

The west coast of Greenland is a potential site for rare earth mineral deposits, prompting privately funded treasure hunts.

Title:

Content: Advertisement
Economics.
A race between financiers around the world to search for this substance in Greenland.
Interesting details!
10-08-2022 | 00: 49
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CNN reports that some of the world ’ s wealthiest people are funding large treasure hunts using helicopters and signal transmitters on Greenland ’ s west coast.
The climate crisis is causing Greenland ’ s ice to melt at unprecedented rates, ironically creating an opportunity for investors and mining companies looking for a treasure trove of important minerals capable of powering clean energy transitions.
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Search for minerals in Greenland
Many billionaires, including Jeff Bezos, Michael Bloomberg and Bill Gates, are betting that what lies beneath the surface of the hills and valleys of Disco Island and Greenland ’ s Noswak Peninsula are important enough minerals to power millions of electric vehicles.
Speaking to CNN, Kobold Metals CEO Kurt House said: “We are looking for a deposition that will be the largest or second largest nickel and cobalt deposition in the world. ”
The disappearance of Arctic ice – both on land and in the ocean – highlights a unique dichotomy: Greenland is the zero point for the effects of climate change, but it could also be the zero point for the search for the minerals needed to provide solutions to this crisis.
For their part, representatives of Kobold Metals, a California-based mineral exploration company, said the billionaires ’ club is supporting the company financially.
Bezos, Gates and Bloomberg did not respond to requests from CNN for comment on the news, and Kobold Metals is partnering with Bluejay Mining to find precious and rare metals in Greenland, which are essential for building the electric vehicles and huge batteries needed to store renewable energy.
The Geological Survey of Denmark and Greenland said Greenland could be a hot spot for coal, copper, gold, rare earth elements and zinc.
The Greenland government has conducted several assessments on ice-free land and is aware of the country ’ s “ability to diversify the national economy through mineral extraction, ” the agency said.
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The Surftog Carbonatite complex in Greenland contains neodymium and praseodymium deposits, essential for rare earth magnets used in electric vehicles and wind turbines.

Title:

Content: A Canadian company has been granted a license to mine rare metals in Greenland.
© AP Photo / David Goldman Greenland ice melt August 3, 2017
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Toronto ’ s New Performance Materials, one of the few rare earth metal processors outside China, has obtained an exploration license in Greenland from Hudson Resources in Vancouver (Canada).
Washington - Sputnik.
“Through a special-purpose entity, NEO plans to explore and develop the Surfertog project to further diversify its global sources of rare earth ore and expand the supply chains that feed the company ’ s rare earth ore separation facility in Estonia, ” it said in a statement.
NEO CEO Constantine Karianopoulos told the New York Times that his goal was to reduce the company ’ s exposure to volatile global crude prices.
NEO buys semi-processed raw materials from Russia, the United States and Australia.
"Collects Rare Minerals"...
China enters the world of "space mining" with the launch of the first robot...
A picture.
The Surftog Carbonatite complex contains mineral deposits rich in neodymium and praseodymium, which are essential components of the rare earth permanent magnet used in electric vehicles, wind turbines, high-efficiency electric motors and pumps that help reduce greenhouse gas emissions.
NEO also plans to build a new permanent magnet manufacturing plant in Estonia to supply European manufacturers of electric and hybrid vehicles, wind turbines, and energy-efficient electric motors and pumps, the statement said.
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Extracting rare earth minerals in Greenland is expected to be difficult and environmentally harmful.

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

Toronto's New Performance Materials has been licensed to mine rare metals in Greenland's Surfertog project.

What Canadian rare earths processing company obtained an exploration permit in Greenland?

NEO plans to build a permanent magnet plant in Estonia to supply European manufacturers of electric vehicles, wind turbines, and energy-efficient motors and pumps.

Kobold Metals and other companies are exploring Greenland for minerals with support from billionaires like Bezos, Bloomberg, and Gates.

The Greenland government has issued a mining license to Tanbreez Mining to extract rare earths, with production set to start next year.

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

The mine is estimated to contain over half of the world's rare earth resources, totaling 19 million tons of rare earth oxides.

What does Greenland's Tanbreez mine contain?

19 million tons of rare earth oxides
over half of rare earth resources

AEX Gold is investing in Greenland through a new gold mining project, holding an Exploitation Licence and Exploration Licences.

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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China is interested in Greenland's rare earth minerals, with companies like Shenghe Resources and Sungho Resources investing there.

Title:

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.

What countries are invested in Greenland Minerals corp?

Which company has become the largest sharesholder in Greenland Minerals?

Greenland's parliament has banned uranium mining, halting rare earth development at Kuannersuit.

What has Greenland done to undermine Chinese efforts to establish a foothold in the Arctic region?

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?

The ban prevents Chinese companies from expanding rare earth mining in Greenland.

What has Greenland done to undermine Chinese efforts to establish a foothold in the Arctic region?

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

Greenland is a potential hot spot for coal, copper, gold, rare earth elements, and zinc.

What does Greenland's Tanbreez mine contain?

Extracting rare earth minerals in Greenland poses technical challenges due to toxicity.

Extracting rare earth minerals in Greenland poses technical challenges due to toxicity.

Extracting rare earth minerals in Greenland poses technical challenges due to toxicity.

Environmental concerns in Greenland's rare earth mineral extraction include pollution, requiring controlled technology and qualified labor.

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.

Valuing rare earth minerals requires control of extraction and refining technology, and accurate field surveys.

Title:

Content: Expert: Algeria is sleeping on a precious treasure
Money and Business
Copy Link https: / / en.rt.com / trfy
Economist Abdelkader Soleimani considered that Algeria sleeps on an "inexhaustible treasure" and a considerable wealth, where there are 38 classical minerals on its soil, along with a significant stockpile of rare metals.
He pointed out that these minerals or dust, although important, require exploitation.
He stressed the need to control the technology of extraction and refining because they are toxic materials and control the tracks of mining, any conversion from dust to alloys, with the need for a formative system, a general orientation and a clear economic vision.
Economist Abdelkader Soleimani said in a statement to Al-Khobar: "It is beautiful that Algeria has an important stock of rare earth or minerals, whether the reserve is in the range of 10 or 20 percent, because there are no studies and accurate surveys in the field, but the valuation of such minerals will require control of extraction and refining technology, as they are toxic materials as well as mining."
The expert pointed out that rare earth metals or rare earth elements as defined by the International Union of Pure and Applied Chemistry, are a group of 17 chemical elements in the periodic table, specifically scandium, etrium, and lanthanides, and rare earths have become an important material in green manufacturing, but the problem lies in the difficulty of extraction and processing, especially as they are very polluted to nature, which requires control of technology and qualified labor. and refining. ”
The expert pointed out that rare earth or rare earth has returned to the forefront, especially with the statement of French President Emmanuel Macron on the possibility of cooperation between Algeria and France in the development of these minerals or rare earth, adding that "the world is witnessing a huge technological revolution and means of communication such as phones, for example, when we take the iPhone, we find that it contains eight rare metals. The exploitation and development of the exploitation of these minerals, and the intensification of competition between China, America and Britain in particular, makes them important. ”
Soleimani noted in the same context, "The trade of rare earth represents about $1.5 billion, but its importance lies in its multiple and diverse uses, including military, technological and electric vehicles.
It is noted that minerals are present in most countries, but the refining and conversion process is especially present in China, because exploiting them requires heavy and modern equipment and very sophisticated technological means, the huge capacity of mining in China makes it control 85% of the production and trade of rare soil oxide and 90% of magnetic materials.
On the other hand, the economist stressed that President Abdelmadjid Tebboune has already stressed the value of natural resources, pointing out the importance of adopting accurate studies and surveys to determine the actual capacities, whether in terms of stocks or reserves, to ensure attracting investments in the field, with the adoption of a vision to ensure a surplus of value, with the establishment of factories for refining, conversion and mining. For example, the amount of iron converted is sold at about $500 per ton, for example, that is, ensure the production of wealth, employ labor, activate a handling network and achieve comprehensive and sustainable development, with the achievement of metal poles in mining production and conversion.
The expert stressed the need for training and qualification in the field of mining, while establishing partnerships with countries experienced in the field, whether for China, South Africa or others, and avoiding the export or sale of raw materials.
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Greenland's rare earth mineral extraction requires mitigation strategies, including environmentally friendly technologies and practices.

China and France are interested in developing rare earth minerals, with France considering cooperation with Algeria.

Tanbreez Mining and other corporations plan to develop Greenland's rare earth minerals, starting production in 2024.

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

A ban on uranium mining in Greenland prevents the development of rare earth deposits at Kuannersuit.

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?

The Greenland government is aware of the country's potential for economic diversification through mineral extraction.

The search for rare earth minerals in Greenland is driven by the growing demand for clean energy technologies.

Extracting rare earth minerals in Greenland will be challenging, but the country could become a major supplier.

Several companies are exploring for rare earth minerals on Greenland's west coast.

Extraction of rare earth minerals in Greenland is complicated by the need for specialized factories and potential environmental impacts.

The Greenland government is aware of the need to balance the benefits and drawbacks of mineral extraction.

Several countries and corporations may be interested in extracting Greenland's rare earth minerals.

What does Greenland's Tanbreez mine contain?

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

The search results do not include the estimated value and location of Greenland's potential rare earth mineral deposits, indicating a need for further research.

The search results do not include the estimated value and location of Greenland's potential rare earth mineral deposits, indicating a need for further research.

The search results do not include the estimated value and location of Greenland's potential rare earth mineral deposits, indicating a need for further research.

The social and economic impacts of large-scale rare earth mineral extraction in Greenland must be carefully balanced to ensure sustainable development.

The Guanast area in southern Greenland has the world's second-largest reserves of rare earths and uranium, accounting for 10% of global production.

Greenland's parliament has passed a bill banning uranium and rare earth exploration.

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

Greenland's new prime minister, Mute Egede, vows to stop the Guanast Rare Earth Mine project.

What has Greenland done to undermine Chinese efforts to establish a foothold in the Arctic region?

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

China supports Greenland Minerals, a Chinese-owned subsidiary, in mining rare earths in Greenland through the Belt and Road Initiative.

What countries are invested in Greenland Minerals corp?

What is one of the global key REE manufacturers?

Greenland's parliament has passed a law banning uranium mining and halting rare earth development, preventing Chinese expansion.

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

The Greenland government has asked Junan, a Chinese mining company, to return geological data, pay 1.5 million Danish kroner, and clean up the mine.

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Content: The government of Greenland, which is located in the Arctic, said on Monday it had revoked the license of a Chinese mining company to mine an iron ore deposit near the capital, Nuuk.
The move has dealt a blow to efforts by Chinese companies to gain a foothold in the resource-rich Arctic region.
China ’ s General Nice took control of the Isua mine in 2015, replacing bankrupt London Mining.
Junan became the first Chinese company to acquire mining rights in Greenland.
Greenland is an autonomous region of Denmark and is rich in minerals.
As a result of the warming climate, waterways have been opened, allowing the resources of the Arctic Island to be developed and utilized.
The Greenland government pointed out that the mine was idle and Junan did not pay the agreed guarantee and therefore withdrew its license.
Once Junan returns the license, Greenland will re-offer it to interested companies.
At present, the government of Greenland has asked Junan to return all the geological data, pay the remaining 1.5 million Danish kroner (about $226,000) of the deposit, and clean up the mine.
The London mine, which was granted mining rights in 2013, initially planned to employ 2,000 Chinese workers to mine, with a goal of supplying about 15 million tonnes of iron ore to China each year.
Greenland banned uranium mining this year, blocking mining in the Kuannersuit region, one of the world ’ s largest rare earth mines and partly owned by a Chinese company.
Junan tried to buy an abandoned naval base in Greenland from Denmark in 2016, but sources told Reuters at the time that the Danish authorities had rejected the proposal for security reasons.
# Greenland # Junan # Mining # China # Mining

What countries are invested in Greenland Minerals corp?

Greenland's government has revoked a Chinese mining company's license due to unpaid guarantees and inactivity at the Nuuk iron ore mine.

What countries are invested in Greenland Minerals corp?

What has Greenland done to undermine Chinese efforts to establish a foothold in the Arctic region?

The Greenland government has assessed ice-free land for mineral extraction to diversify the economy.

Greenland is a potential hot spot for coal, copper, gold, rare earth elements, and zinc.

What does Greenland's Tanbreez mine contain?

The Greenland government prioritizes regulating rare earth mineral extraction to support the industry, protect the environment, and ensure economic benefits.

Why AEX consider Greenland a favorable mining location?

Tanbreez Mining has been permitted by the Greenland government to mine rare earths, with production potentially starting as early as next year.

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

The Tanbreez mine contains over half of the world's rare earth resources, with 19 million tons of rare earth oxides, including 30% heavy rare earth.

What does Greenland's Tanbreez mine contain?

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

Tanbreez Mining has been issued a mining license to start production in Greenland in 2024.

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

Greenland needs to develop its transport and energy infrastructure to support large-scale rare earth mineral extraction, considering its Arctic conditions.

Developing infrastructure requires funding, capacity building, and skills development.

Greenland is eligible to participate in the EU Framework Programme for Research and Innovation, supporting activities like mineral exploration and mining.

Why AEX consider Greenland a favorable mining location?

The European Copernicus Satellite Programme offers opportunities for mineral exploration, sediment mapping, and environmental monitoring.

There are plans to build infrastructure to support large-scale rare earth mineral extraction in Greenland, but the timelines and details are unspecified.

Developing Greenland's infrastructure and extracting rare earth minerals will require international cooperation and investment.

The European Commission has signed a Memorandum of Understanding with Greenland to develop sustainable raw materials projects and related infrastructure.

The Memorandum of Understanding promotes cooperation between Greenland and the EU in areas including economic integration and raw materials development.

The cooperation between Greenland and the EU includes joint project development, business support, and economic diversification efforts.

Greenland and the EU, along with private companies like Tanbreez Mining, will cooperate to fund and implement infrastructure plans for large-scale rare earth mineral extraction in Greenland.

Greenland and the EU will cooperate to address the country's transport and energy infrastructure needs, focusing on funding mobilization.

Capacity building and skills development will be supported along raw material value chains.