Excerpt: Vast new deposits of minerals and gems are being discovered as Greenland’s massive ice cap recedes, forming the basis of a potentially lucrative mining industry.
One of the world’s largest deposits of rare earth metals — essential for manufacturing cellphones, wind turbines and electric cars — sits just outside Narsaq.
This could be momentous for Greenland, which has long relied on half a billion dollars a year in welfare payments from Denmark, its parent state. Mining profits could help Greenland become economically self sufficient, and may someday even render it the first sovereign nation created by global warming.
One of the world’s largest deposits of rare earth metals — essential for manufacturing cellphones, wind turbines and electric cars — sits just outside Narsaq.
This could be momentous for Greenland, which has long relied on half a billion dollars a year in welfare payments from Denmark, its parent state. Mining profits could help Greenland become economically self sufficient, and may someday even render it the first sovereign nation created by global warming.
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