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Kvanefjeld (Kuannersuit), Greenland
Narsaq, Greenland60.92°N 46.05°W
computed criticality13/100
reading
One of the world's largest rare-earth oxide deposits; blocked since 2021
2024Fault line
The subsoil of southern Greenland holds one of the planet's largest rare-earth deposits, but coupled with uranium: the 2021 Greenlandic law banning uranium extraction above 100 ppm has effectively frozen it. Energy Transition Minerals is claiming up to $11.5bn in arbitration. The case sums up the Arctic friction, a critical resource held hostage to local sovereignty and the environment, sharpening covetousness over Greenland.
Actors
Energy Transition Minerals (Perth)
Government of Greenland (Nuuk)
Feeds 2
Chinese separation, Ganzhou & BaotouRare Earths↗Northern Sea Route, Russian ArcticChokepoints↗Sources