00:00Europe and the US have their eye on Greenland for its rare earth minerals.
00:06It comes in an effort to reduce reliance on China.
00:09Greenland is home to some of the world's largest untapped rare earth deposits.
00:14These minerals are a key ingredient in the production of electric vehicles,
00:18smartphones, fighter jets and other products.
00:21China's dominance over critical minerals has long been a powerful bargaining chip in recent trade talks.
00:27And Greenland's deposits are now eyed as an alternative to Beijing's stranglehold on the global supply chain.
00:35US President Donald Trump has repeatedly said he wants to take control over the Arctic island.
00:41The country's Prime Minister Jens Friedrich Nielsen was quick to reject his claims, calling Trump's statement disrespectful.
00:48Instead, Greenland is looking towards investments from the EU and the US in hopes that this will get more mines in the next decade.
00:57Coming soon.
00:59China's Pride
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