Europe Risks Missing Greenland's Rare Earths Boom

Europe has long overlooked Greenland’s vast, underdeveloped mineral wealth, especially rare earths like neodymium and praseodymium. Regulatory hurdles, environmental bans, and high costs have stalled projects such as Kvanefjeld, even as the EU pushes to boost supply through the Critical Raw Materials Act and funding for Greenland’s mining. With the US signaling assertive action in Greenland and China expanding its supply chains, Europe risks being late to a minerals race that underpins clean energy, defense and global geopolitics.