The company suing Greenland for the right to mine rare earth minerals has hired a lobbying firm deeply connected to the Trump administration, increasing the threat of US action against the territory.
This article was originally published by ¡Do Not Panic!
Energy Transition Minerals announced yesterday that it hired Ballard Partners, a lobbying firm run by Brian Ballard, a major donor and fundraiser for Trump, to assert what it says are its claims on the territory. Attorney General Pam Bondi, along with Trump’s Chief of Staff Susie Wiles, were both hired by Trump straight out of Ballard Partners.
The news comes as the White House steps up its rhetoric over Greenland, saying this week that it was exploring all options to take control of the territory, including a military invasion.
Energy Transition Minerals, an Australian mining company, was given a license nearly twenty years ago to explore the Kvanefjeld deposit, which contains over 11 million metric tons of rare earth minerals, including large quantities of uranium. The size of Kvanefjeld makes it the largest thorium deposit, the second-largest uranium deposit and overall the third-largest rare earths deposit in the world.
In a world hungry for new energy sources, Kvanefjeld’s significance can’t be overstated.
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