But such efforts have struggled, as mines in other countries have run into opposition or failed to get off the ground after fluctuating prices scared investors away.
Some of that mining has been outsourced to Myanmar, where a lack of oversight is masking a dirty secret.found the Myanmar mines are linked to environmental destruction, the theft of land from villagers and the funneling of money to brutal militias, including at least one linked to Myanmar’s secretive military government. The AP traced rare earths from Myanmar to the supply chains of 78 companies, including major auto makers and electronics giants.The U.S.
Karayannopoulos said the site his company plans to develop has much lower levels of uranium, meaning it can be mined under current Greenland and European Union regulations. He said EU officials encouraged the project because it could help the continent become more self-sufficient in rare earths.