Greenland's Ice Holds Rare Earths: Could End China's Tech Dominance
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News18•19-01-2026, 11:14
Greenland's Ice Holds Rare Earths: Could End China's Tech Dominance
- •Greenland, the world's largest island, is 80% ice-covered but holds vast reserves of critical rare earth elements.
- •US President Donald Trump seeks to buy Greenland due to its mineral wealth and strategic location for monitoring Russia and China.
- •Rare earth elements like Neodymium, Praseodymium, Dysprosium, Terbium, and Lanthanum are vital for smartphones, electric cars, aircraft, and nuclear technology.
- •China currently controls 80-90% of the global rare earth supply, making Greenland's reserves crucial for diversifying sources.
- •Greenland is an autonomous territory within Denmark, with its own government, but foreign affairs are managed by Denmark. Its people oppose being sold.
Why It Matters: Greenland's hidden rare earth minerals are key to global tech and could challenge China's market control.
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