Greenland Awards Permit for Metal Critical to Defense Industry
Greenland has given permission to a Canadian mining company to explore for molybdenum, a metal critical to the production of steel, amid growing demand from the defense industry.
The Arctic island and its mineral riches have this year become hot geopolitical topics after Donald Trump's persistent requests to take over the territory, which is part of the Kingdom of Denmark. At the same time, the European Union has identified Greenland as a strategic area of interest as the continent tries to become less dependent on the import of raw materials.
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