Global Warming Has Mining Companies Turning Their Attention to Greenland

“Beneath the thinning glaciers are lodes of uranium, zinc, iron ore, copper and gold, as well as the extremely important “rare earth” minerals.”

AllGov.com reports:

With its ice sheet slowly receding because of global warming, Greenland has become popular with mining companies seeking new stores of valuable minerals.

Beneath the thinning glaciers are lodes of uranium, zinc, iron ore, copper and gold, as well as the extremely important “rare earth” minerals. These latter minerals, including lanthanum, cerium, neodymium, praesodymium, terbium and yttrium, are vital to the production of everything from consumer electronics to military hardware.

Currently, China controls 97% of the market for rare earth minerals, and its attempts to raise prices on them have forced the U.S. and other countries to seek alternative supplies…

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2 responses to “Global Warming Has Mining Companies Turning Their Attention to Greenland

  1. And who thinks the greenies won’t blockade the mining?

  2. At the rate at which the ice is receding they have a long wait.

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