The China Mail - What does Greenland's mining industry look like?

USD -
AED 3.672504
AFN 62.000368
ALL 81.399019
AMD 371.251866
ANG 1.789884
AOA 918.000367
ARS 1390.462956
AUD 1.401542
AWG 1.8
AZN 1.70397
BAM 1.668415
BBD 2.010834
BDT 122.499467
BGN 1.668102
BHD 0.377394
BIF 2969.673704
BMD 1
BND 1.275325
BOB 6.898699
BRL 4.980604
BSD 0.998337
BTN 94.041373
BWP 13.522713
BYN 2.828151
BYR 19600
BZD 2.007933
CAD 1.36785
CDF 2315.000362
CHF 0.787151
CLF 0.022781
CLP 896.609085
CNY 6.836304
CNH 6.83428
COP 3554.190659
CRC 454.339945
CUC 1
CUP 26.5
CVE 94.0627
CZK 20.777504
DJF 177.786308
DKK 6.375104
DOP 59.475368
DZD 132.362551
EGP 52.572403
ERN 15
ETB 154.33875
EUR 0.85304
FJD 2.20465
FKP 0.739936
GBP 0.740988
GEL 2.680391
GGP 0.739936
GHS 11.083813
GIP 0.739936
GMD 73.503851
GNF 8763.489017
GTQ 7.632331
GYD 208.871828
HKD 7.83545
HNL 26.529324
HRK 6.429504
HTG 130.705907
HUF 311.520388
IDR 17252.7
ILS 2.98605
IMP 0.739936
INR 94.250504
IQD 1307.826829
IRR 1317000.000352
ISK 122.650386
JEP 0.739936
JMD 157.551717
JOD 0.70904
JPY 159.37504
KES 129.085093
KGS 87.403204
KHR 4000.00035
KMF 420.00035
KPW 899.983514
KRW 1476.670383
KWD 0.30776
KYD 0.83199
KZT 463.757731
LAK 21876.732779
LBP 89402.943058
LKR 318.234165
LRD 183.194711
LSL 16.601322
LTL 2.95274
LVL 0.60489
LYD 6.334826
MAD 9.236938
MDL 17.361484
MGA 4148.432502
MKD 52.58264
MMK 2100.352975
MNT 3592.543451
MOP 8.056729
MRU 39.846449
MUR 46.830378
MVR 15.450378
MWK 1731.200682
MXN 17.380104
MYR 3.965039
MZN 63.910377
NAD 16.601322
NGN 1357.000344
NIO 36.741309
NOK 9.317039
NPR 150.466197
NZD 1.706339
OMR 0.38415
PAB 0.998337
PEN 3.461463
PGK 4.333547
PHP 60.695038
PKR 278.317253
PLN 3.61995
PYG 6330.560887
QAR 3.639411
RON 4.340504
RSD 100.166347
RUB 75.274046
RWF 1459.245042
SAR 3.750423
SBD 8.045307
SCR 14.798038
SDG 600.503676
SEK 9.22035
SGD 1.276104
SHP 0.746601
SLE 24.625038
SLL 20969.496166
SOS 570.526765
SRD 37.463504
STD 20697.981008
STN 20.899979
SVC 8.735338
SYP 110.527725
SZL 16.594583
THB 32.335038
TJS 9.384602
TMT 3.505
TND 2.915334
TOP 2.40776
TRY 45.015038
TTD 6.780124
TWD 31.483504
TZS 2598.251226
UAH 43.992664
UGX 3714.224781
UYU 39.547878
UZS 11994.881638
VES 483.16466
VND 26360
VUV 118.147731
WST 2.728511
XAF 559.570911
XAG 0.01321
XAU 0.000212
XCD 2.70255
XCG 1.799275
XDR 0.695927
XOF 559.570911
XPF 101.735978
YER 238.650363
ZAR 16.53436
ZMK 9001.203584
ZMW 18.893581
ZWL 321.999592
  • BCC

    0.3300

    84.15

    +0.39%

  • CMSD

    0.0900

    23.32

    +0.39%

  • BCE

    -0.2200

    23.88

    -0.92%

  • RBGPF

    64.0000

    64

    +100%

  • NGG

    0.4600

    87.42

    +0.53%

  • RIO

    0.7600

    99.61

    +0.76%

  • RYCEF

    -0.1200

    15.3

    -0.78%

  • JRI

    0.0100

    12.89

    +0.08%

  • GSK

    -1.1900

    54.44

    -2.19%

  • CMSC

    0.0400

    22.95

    +0.17%

  • RELX

    0.4000

    36.53

    +1.09%

  • VOD

    0.0100

    15.63

    +0.06%

  • BTI

    0.8100

    58.09

    +1.39%

  • AZN

    -2.5500

    189.75

    -1.34%

  • BP

    -0.1000

    46.25

    -0.22%

What does Greenland's mining industry look like?
What does Greenland's mining industry look like? / Photo: © AFP

What does Greenland's mining industry look like?

Greenland's natural resources, including potential vast rare earths deposits vital to the AI boom, have attracted attention since US President Donald Trump showed interest in the Danish self-governing territory.

Text size:

Harsh conditions and weak infrastructure make mining a difficult task, however.

Only two mines are operational.

Lumina Sustainable Materials runs an anorthosite mine (a type of rock used in building and industrial materials) backed by Canadian-Swiss investors, and Canada-listed Amaroq operates a gold mine.

As climate change melts sea ice and opens up new shipping routes around Greenland, commercial interest is rising.

Data from Greenland's Mineral Resources Authority shows 138 active mining licences (as of February 13), held by 63 companies and individuals.

An AFP review of this official data outlines the current state of Greenland's mining industry.

- Limited mining -

Only nine of the active permits are exploitation licences authorising production and mining.

To obtain these 30-year licences, companies must first explore a designated area and demonstrate that sufficient resources exist for commercial exploitation.

The two firms operating Greenland's existing mines hold such permits, along with several other companies.

US mining company Critical Metals Corp holds the only active permit to exploit rare earths for a deposit in Kalaalit Nunaat, which is still years from becoming operational.

British firm GreenRoc Mining Plc obtained a licence in December 2025 and plans to exploit a graphite deposit that is expected to produce around 80,000 tonnes of graphite concentrate per year, a company spokesperson told AFP.

Commercial production is expected to begin in 2029.

Other companies with recently issued exploitation permits include an anorthosite mining project backed by investors from Denmark and Luxembourg, and a molybdenum project backed by the European Union and run by Canadian company Greenland Resources.

The remaining exploitation permits are held by companies with projects on hold or seeking to divest.

"The path from exploration to exploitation is inherently long and complex, often taking many years" a Greenland Mineral Resources Authority spokesperson told AFP.

Projects can be discontinued "due to lack of viable resources, economic feasibility, environmental assessments or social considerations", the spokesperson added.

- Over 70 types of minerals explored -

Nearly two-thirds of licences are exploration permits.

Other types of licences include permits for sand extractions, small-scale exploration or scientific research.

They grant companies exclusive access to specified areas where they can look for "all mineral resources except hydrocarbons and radioactive elements, unless otherwise stipulated", according to the application procedure detailed online.

These active licences show the supposed breadth of Greenland's mineral assets.

Over 70 different types of minerals and resources are explored and mined, according to an AFP analysis.

Gold is mentioned in 49 permits, copper in 36 and nickel in 24.

Rare earth elements are mentioned in 17 licences, with more permits referencing specific rare earths such as cerium or terbium.

Three oil exploration licences are also owned by British firm White Flame Energy and are active until late 2028.

Greenland contains over 31 billion barrels of oil equivalent of oil and natural gas, according to estimates by the US Geological Survey.

All mining activities take place along Greenland's coasts, where conditions are milder, particularly in the southeastern regions of Sermersooq and Kujalleq.

About 80 percent of Greenland is covered by ice, which can be up to three kilometres (two miles) thick in parts of the island's interior.

Surveying and mining under such a thick ice sheet is impossible, according to experts, leaving large areas of the territory unexplored.

A.Sun--ThChM