Denmark Rejects Mining Claims on Greenland of Almost DKK 80 Billion

An Australian mining company has filed a claim for compensation of almost DKK 80 billion after being denied mining soils in Greenland.

That is reported by Sermitsiaq.

In South Greenland, enormous quantities of rare earth elements lie beneath the Kvanefjeld mountain plateau in Greenland's Kuannersuit.

However, the claim has been rejected by Greenland and Denmark, who obtained help from the state attorney.

In 2007, Energy Transition Minerals was granted permission to investigate the possibility of establishing a mine at Kvanefjeld.

However, the extraction of the rare earth elements, which are critical to the green shift, would also lead to the extraction of radioactive uranium. The Greenlandic government, therefore, opposed extraction.

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