Greenland Article Update

October 2021 Forums Socialist Standard Feedback Greenland Article Update

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  • #216630
    alanjjohnstone
    Participant

    https://www.aljazeera.com/news/2021/4/5/major-mining-project-takes-centre-stage-in-greenland-vote

    The biggest opposition party, Inuit Ataqatigiit (Community of the People), has promised to not give a mining licence to Greenland Minerals. Its Member of Parliament Sofia Geisler said they are opposed to extracting processes involving uranium and thorium, two radioactive by-products.

    The mining company promises that Greenland will receive 1.5bn DKK ($240m) annually for the 37 years they plan to operate the mine.

    Meantime the Scottish nationalists eye the Northern Sea Route to China

    …global warming, receding Arctic ice will open the direct sea-route from Asia to Europe.The ‘North Sea Route’ or NSR should halve the length of time taken to ship containers from the Far East to the biggest single-market in the world, and without depending on the Suez Canal.Scotland is literally the gatekeeper to Europe in this scenario with the Atlantic to our west, Icelandic gap to the north and North Sea to our east…

    And that means joining in the militarisation of the Arctic

    Cold War bases are being upgraded along the northern coast and fears are growing about attempts to control the northern trade route as it opens up. To make the most of Scotland’s changing circumstances, we should have the same powers as our northern neighbours including Norway, Denmark and Iceland. To do that we need the powers of independence.

    https://www.edinburghnews.scotsman.com/news/opinion/columnists/scotland-will-be-saudi-arabia-of-renewable-energy-and-is-well-placed-to-profit-from-arctic-trade-routes-to-china-angus-robertson-3189740

    #216633
    Matthew Culbert
    Keymaster

    The above in connection to MATERIAL WORLD The ‘Polar Silk Road’ article.

    #216702
    alanjjohnstone
    Participant

    The left-wing Inuit Ataqatigiit (IA) party topped the polls in Greenland’s election.

    IA’s victory casts doubt over the future of the controversial Kvanefjeld mining complex, which lies towards the southern tip of the Arctic island. Although the party is not completely against mining, they campaigned against a project to dig up rare earth metals from what is one of the world’s largest deposits.

    IA leader Mute Bourup Egede told public broadcaster DR that they would halt the Kvanefjeld mining project.

    https://www.dw.com/en/greenland-left-wing-inuit-ataqatigiit-party-wins-election/a-57118506

    #216813
    alanjjohnstone
    Participant

    https://www.dw.com/en/the-battle-over-greenlands-untapped-natural-resources/a-57138809

    Kvanefjeld is home to one of the world’s largest undeveloped deposits of rare-earth elements outside of China. Seventeen elements, including scandium and yttrium, are buried deep underground there. They are used in everything from cell phones and wind turbines to electric cars. Mining advocates say tapping into them would be a major financial boon for Greenland.

    Greenland Minerals Limited (GML), the Australian company developing the mine, said that the country would receive $240 million (€201 million) in taxes and royalties annually over the mine’s planned 37-year lifespan. GML’s biggest stakeholder is Shenghe Resources Holding, a Chinese rare-earths processing company.

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