
This Wednesday, Greenland’s government and the EU will sign a statement declaring that rare minerals of the Greenlandic subsurface will be traded on the free market, writes the Danish broadcaster DR.
Today, China controls about 95 percent of the world’s production of rare minerals, which are used in many forms of electronics such as cell phones, wind mills, etc. Seeing as the occurrence of rare minerals in Greenland is among the largest in the world, several governments, intelligence services, and industries of the Western world has tried to avoid China gaining a monopoly on minerals in Greenland.
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