Reported 10 months ago
Recent developments in Europe, including a major rare earth elements discovery in Norway and an acquisition deal for a critical metals deposit in Greenland by Critical Metals Corp, are reshaping the balance of power in trade wars. These developments provide the West with an opportunity to secure crucial metals for the future, significantly impacting the ongoing trade disputes with China. The Norwegian and Greenlandic projects offer vast reserves of rare earth elements essential for electronics, clean energy, and national defense, positioning the West to reduce its dependence on Chinese supplies.
Source: YAHOO