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Bosonic

(3,746 posts)
Fri Oct 25, 2013, 05:42 AM Oct 2013

Greenland removes ban on uranium mining

Source: AP

COPENHAGEN, Denmark (AP) — Greenland's parliament has voted in favor of removing a 25-year-old ban on uranium mining, paving the way for an industrial boom that the Arctic island hopes will help it gain independence from former colonial master Denmark.

Greenland, a semi-autonomous part of Denmark, wants to step up its mining of rare earths, valuable elements used in the production of smartphones weapons systems and other modern technologies. But uranium is often found mixed into rare earths, so the ban was blocking key mining activity in southern Greenland.

...

In a 15-14 vote with two absentees, the parliament backed late Thursday the center-left governing coalition's desire to remove the ban.

Many Greenlanders want to use the island's mineral resources as a way to reduce dependency on a subsidy from Denmark which now accounts for about two-thirds of the island's economy. Denmark is open to allowing Greenland greater independence, but there is currently no way the island can support its current costs without the subsidy.


Read more: http://www.businessweek.com/ap/2013-10-25/greenlands-parliament-removes-uranium-mining-ban

9 replies = new reply since forum marked as read
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Greenland removes ban on uranium mining (Original Post) Bosonic Oct 2013 OP
I read something about the buildup to this a year or so back Victor_c3 Oct 2013 #1
oh great, another source of pollution for our oceans madrchsod Oct 2013 #2
Ditto. SoapBox Oct 2013 #4
Yes, the world needs more copper and rare earth magnetics FrodosPet Oct 2013 #6
Rare Earth metals are recycled JonGeb Oct 2013 #7
welcome to DU gopiscrap Oct 2013 #8
Yes, but we still don't have nearly enough in circulation NickB79 Oct 2013 #9
Also: Greenland awards London Mining huge iron ore project muriel_volestrangler Oct 2013 #3
Greenland has a parliament? tclambert Oct 2013 #5

Victor_c3

(3,557 posts)
1. I read something about the buildup to this a year or so back
Fri Oct 25, 2013, 05:50 AM
Oct 2013

Basically, they found deposits of rare earth elements and whatnot that is estimated to be worth $2-3 trillion. However, those elements also occurred in the presence of uranium. Unless the ban on mining uranium was lifted, they couldn't legally mine the rest of the rare earth elements.

If you do the math, all 56,000 citizens on Greenland could become multimillionaires.

I just hope that greed doesn't get the best of them and lead the people of Greenland to destroy their environment and Greenland for their children.

FrodosPet

(5,169 posts)
6. Yes, the world needs more copper and rare earth magnetics
Fri Oct 25, 2013, 06:24 PM
Oct 2013

If we are ever going to reduce our dependence on petroleum for our energy needs, it is going to take a LOT of rare earth magnets, copper, and lithium.

But we need to quit digging in the ground for them. We need to start doing underground tunnel mining, with the waste and tailings kept to a minimum.

As for Greenland: it should be a "global environmental sanctuary", depopulated and supported by the world as a whole.

JonGeb

(9 posts)
7. Rare Earth metals are recycled
Fri Oct 25, 2013, 06:33 PM
Oct 2013

The rare earth metals are always recycled... So its a once and done process to acquire enough material to electrify our world and cease to use fossil fuels.

NickB79

(19,246 posts)
9. Yes, but we still don't have nearly enough in circulation
Fri Oct 25, 2013, 09:40 PM
Oct 2013

For example, we still need to mine MILLIONS of tons of lithium to transition the world's cars from petroleum to batteries.

muriel_volestrangler

(101,320 posts)
3. Also: Greenland awards London Mining huge iron ore project
Fri Oct 25, 2013, 09:51 AM
Oct 2013
Greenland's industry minister called it the largest commercial project in the autonomous Danish territory's history.

London Mining is expected to seek investment partners for the multi-billion dollar project.

Some opponents say the open-cast mine will cause environmental damage; others are concerned about plans to bring in up to 3,000 mainly Chinese workers.

The iron ore deposit is located 150km (about 90 miles) from Nuuk, the capital of Greenland.

http://www.bbc.co.uk/news/world-europe-24658756

tclambert

(11,087 posts)
5. Greenland has a parliament?
Fri Oct 25, 2013, 04:50 PM
Oct 2013

They have less than half the population of Ann Arbor, Michigan. Less than a quarter if the Wolverines have a home game.

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