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“Greenland appears as the new world mining border”

Source link : https://news7.asia/news/greenland-appears-as-the-new-world-mining-border/

Faced with the ambitions of Donald Trump and his intention to “take” Greenland in Denmark, Xi Jinping China remains currently silent. However, it pursues a double objective in the Arctic. One is economical, and in particular mining, the other is strategic: spreading its influence on Nuuk, the capital of the island, to reply to the influence of the United States on Taiwan. Read also | Article reserved for our subscribers in Denmark, stupid after Donald Trump’s statements on Greenland Read Greenland later appears to be the new world mining border. Its mineral riches of its more than 2 million km² seem immense in minerals: Béryllium, Cobalt, Copper, Diamonds, feldspath, Gallium, Hafnium, Lithium, Molybdène, Nickel, Niobium, Or, Platinoids, Stontium, Tantalus, Rare Lands, , uranium, vanadium, tungsten … In addition, the country’s real potential remains unknown. Some 250 armed exploration companies of 700 permits prospect less than 2 % of the territory on the 20 % of accessible coastal areas. The remaining 80 %, under the ice, contain other wealth. However, the viability of possible mines depends on it on a balance between the content of the deposits and the future market conditions, a compromise between the 57,000 Greenlanders and their environment, but especially the construction of roads and contributions energies. Beijing’s strategy to win mining access, either as a direct operator or as a strategic shareholder, is proven and old. It is that of the excellence of its mining and metallurgical sectors. Developed at the highest level of the State, notably by Wen Jiabao, former Prime Minister (2003-2013) and geologist, it was a success. China has thus gained its access to Indonesia nickel, the cobalt of the Democratic Republic of Congo, the copper of Peru, the lithium of Chile, and the West did not react. Read also | Article reserved for our subscribers prospecting mining and gas, new navigation route: the Arctic, a Chinese ambition read later in 1956, Denmark, in search of uranium, discovered the Groenlandaise mine of Kvanefjeld. He sought in vain to exploit it until 1982. Converted into a rare land mine in 2007 for the benefit of the Australian Energy Transition Minerals (ETM), this project then benefited from funding from the European Union (EU) . In 2016, the Chinese Shenghe Resources became a strategic shareholder of ETM, then bought, in 2018, its ore in the long term. In 2019, he joined forces with China National Nuclear Corporation to refine, in China, the rare earths and uranium necessary for its thermonuclear electricity. You have 53.92% of this article to read. The rest is reserved for subscribers.

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Author : News7

Publish date : 2025-02-14 14:45:54

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