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Canada's Amarok announced last month that it has discovered high-quality rare earth minerals in southern Greenland, with a total rare earth oxide content of up to 2.31%. On the 2nd, Amarok CEO Olafson said in an interview with AFP that the company is considering developing Greenland's rare earth resources. At the same time, he also acknowledged that it is difficult to develop rare earth resources in Greenland, the polar environment is poor, infrastructure on the island is scarce, there are no smelters, and there are not enough technicians. Furthermore, in order to develop rare earth resources, it is necessary to attract a “large amount” of external funding. The company revealed last month that the company's technical team will continue to evaluate Greenland's rare earth resources and plans to begin drilling as early as next spring.

Zhitongcaijing·12/04/2025 00:33:04
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Canada's Amarok announced last month that it has discovered high-quality rare earth minerals in southern Greenland, with a total rare earth oxide content of up to 2.31%. On the 2nd, Amarok CEO Olafson said in an interview with AFP that the company is considering developing Greenland's rare earth resources. At the same time, he also acknowledged that it is difficult to develop rare earth resources in Greenland, the polar environment is poor, infrastructure on the island is scarce, there are no smelters, and there are not enough technicians. Furthermore, in order to develop rare earth resources, it is necessary to attract a “large amount” of external funding. The company revealed last month that the company's technical team will continue to evaluate Greenland's rare earth resources and plans to begin drilling as early as next spring.