China controls about 90% of the supply of rare earths.
US President Joe Biden’s administration said last month it will review key US supplies, including rare earths
The Five Eyes grouping of Australia, Britain, Canada, New Zealand and the United States, should expand its framework to include “resource intelligence, technical collaboration, major project financing and supply chain integration for minerals and materials critically important to national and economic security”, the report said.
It is natural for the Five Eyes to target Greenland for its mining and rare earth potential because two thirds of the 41 licence holders in Greenland’s mining sector were linked to Britain, Canada and Australia, the report…