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Reading: The high-stakes race for Greenland’s vast mineral riches
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The News God > Blog > News > The high-stakes race for Greenland’s vast mineral riches
News

The high-stakes race for Greenland’s vast mineral riches

Alfred Abaah
Last updated: January 28, 2025 4:47 pm
Alfred Abaah - News Editor
January 28, 2025
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2 Min Read
Exploring the high-stakes race for Greenland's vast mineral riches
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Greenland, a self-governing territory of Denmark, is home to some of the world’s largest reserves of rare earth elements, vital for everything from mobile phones to electric cars. But it’s not just rare earths; the island also boasts significant deposits of copper, nickel, and gold.

Greenland presents an unrivaled opportunity. Its huge mineral reserves are largely untouched, and it can be the supplier of all the minerals the Western world will need for decades.

Mining companies like Amaroq Minerals are already on the ground, exploring and extracting these valuable resources. The base camp at Nalunaq mountain is bustling with activity, as workers drill for gold and other minerals.

The geopolitical situation is driving interest in Greenland’s minerals. With China controlling the world’s largest reserves of rare earth metals, Western nations are keen to secure alternative supplies.

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The global demand for critical raw materials is pushing countries to look at Greenland. It’s a strategic move to ensure economic security and reduce dependency on a single supplier.

As the race for Greenland’s mineral wealth heats up, the world watches closely. Will Greenland become the next frontier in the global resource race? And will Donald Trump have Greenland as he dreams? Stay tuned to World Digest for more in-depth coverage.

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