Minerals

Saturday

Drew Horn

No, I’m not a CIA spy in Greenland

The Danish media has accused me of being a US spy. They say I'm involved in a covert influence operation in Greenland to push the territory towards becoming part of the US. I want to be clear that I have never worked as a covert operative. Instead, my work involves getting investment for sectors like mining and infrastructure. I am very public about my travels in Greenland and business there. I routinely appear on daytime television and bring my family on these trips. That would be a strange thing for Jason Bourne or James Bond to do. I often go for dinner with Greenlandic officials at very public restaurants, with their respective wives and children too. Despite this, I’ve been told by numerous insiders that I’m being monitored.

Greenland

Saturday

Ian Williams

China is holding the West to ransom over rare earths

China’s naked weaponization of rare earths brings to mind Mao Zedong’s "four pests" campaign, the old tyrant’s fanatical effort to exterminate all flies, mosquitoes, rats and sparrows, which turned into a spectacular piece of self-harm. Sparrows were always an odd choice of enemy, but Mao and his communist advisors reckoned each one ate four pounds of grain a year and a million dead sparrows would free up food for 60,000 people. The campaign, launched in 1958, saw the extermination of a billion sparrows, driving them to the brink of extinction. But the sparrows also ate insects, notably locusts, whose population exploded, and the ravenous locusts wreaked far more damage to crops than the sparrows ever did, hastening China’s descent into the deadliest famine in human history.

ian williams china rare earths

Friday

Martin Vander Weyer

Is it worth it for Trump to buy Greenland?

"The art of the deal" is President Trump’s much-vaunted modus operandi as well as the title of his 1987 bestseller. But how smart would he be to make an offer for Greenland to the Danish government? Leaving aside issues of military sites and future unfrozen shipping routes, would the currently still-frozen north Atlantic island be worth a rich price for its mineral deposits alone? I consulted an intrepid investor who spent six years there prospecting for tantalum, a "transition metal" used in capacitors for mobile phones. His answer was not encouraging. There’s no disputing the potential to find everything from gold and uranium to rare earth elements such as neodymium and dysprosium, in demand for advanced electronics. But the operating difficulties are truly formidable.

Greenland