Climate closet queens are suggesting that all the ice on Greenland will melt which will expose a vast treasure of mineral wealth. Reality is a little bit different. There are about 60,000 residents on the world’s second largest glacier. Almost all speak an Eskimo language, although Danish is the official medium; 50% of all the state revenue comes from Denmark.
There was a Chinese plan to extract rare earth minerals from the south tip of Greenland, but this did not materialise for two reasons:
1. They were bought out by Western Interests
2. Greenland has a moratorium on ALL mining!
As you might be able to see, there are three worlds in collision–politics, legacy media, and some minor technical issues. Rare earth minerals are not rare, but rather very difficult to extract, hence the peculiar name. Also, there are generally radioactive elements mixed in with the turf. The most common radioactive element, with or without rare earths, is thorium. The largest deposits are in India, and as you would expect, they are working frantically on the next generation of nuclear reactors.
Anyway, getting back to the Eskimo pie in the sky theme; it does not make sense to fork out $300 million to exclude China when there is already a rare earth mine in Elk Creek Nebraska.
https://finance.yahoo.com/quote/BR30.F/
Conventional v.s Thorium fission
https://www.americanscientist.org/article/thorium-fuel-for-nuclear-energy
Ape Town 