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Greenland might break China’s rare earth grip – but not on the West’s timeline
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Mr Tony Sage, CEO of Critical Metals Corp, is developing the Tanbreez rare earths deposit in southern Greenland.
ST PHOTO: NG SOR LUAN
- Greenland possesses vast rare earth deposits, attracting US and European interest to counter China's dominance in critical mineral production.
- Critical Metals Corp aims to begin Tanbreez mine production by 2029, having secured funding and agreements, focusing on heavy rare earths.
- Challenges remain, including infrastructure, environmental concerns and geopolitical pressures, despite Greenland's efforts to encourage investment.
AI generated
SINGAPORE – Much of Greenland is covered by one of the world’s largest ice sheets, up to 3km thick.
Yet along its ice-free edges lie some of the planet’s largest deposits of rare earth minerals, a prize that the US and Europe want to secure to reduce their dependence on China.
