WebSep 17, 2024 · Mining companies have been pushing for rights to exploit rare earth deposits in Greenland, which the U.S. Geological Survey says has the world's biggest undeveloped deposits of the metals used in everything from electric vehicle batteries to missiles. A public hearing on the project ended this week. WebAug 25, 2024 · The Canadian rare earth processor Neo Performance Materials plans to buy the rights to explore a mineral deposit in Greenland that contains the rare earth elements neodymium and praseodymium, which are used to make magnets for electric cars, wind turbines, and missiles.
Greenland’s minerals to consolidate China’s rare earth …
WebMar 24, 2024 · From this point of view, Greenland may be considered an extremely relevant partner for China due to its rich deposits of iron, zinc, rare earth elements, and uranium. Rare earth elements consist of 17 different minerals, including uranium, that are mainly used in the automotive industry, and for manufacturing magnets and weapons. section 134 of companies act 2013 mca
Rare earths processor buys mining rights in Greenland
WebJan 3, 2024 · Neo Performance Materials has made a binding agreement with Hudson Resources to acquire an exploration license covering Hudson’s rare earth property in Greenland. The investment represents a key step in Neo’s mines-to-magnet vertical integration strategy and its plans to expand into rare earth permanent magnet … WebApr 8, 2024 · Greenland Minerals, the company behind the mining project, says that Kvanefjeld has the “potential to become the most significant western world producer of rare earths” and could be “a... WebApr 8, 2024 · China’s Greenland Ambitions Run Into Local Politics, U.S. Influence Pro-environment party finished first in Greenland election, leaving in limbo a China-backed mining project central to... pureed and mechanical soft diets