Why Greenland’s vast natural resources won’t necessarily translate into huge profits

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The US is sabre-rattling over Greenland once again. The vast island’s natural resources are back on the agenda, a year after then-US national security advisor Michael Waltz announced: “This is about critical minerals. This is about natural resources.”

Greenland is endowed with both fossil fuels and critical raw materials. It possesses at least 25 of the 34 raw materials considered critical by the European Union.

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