The intelligence sharing alliance known as Five Eyes should forge ties with Greenland to boost supplies of critical minerals and cut dependence on China, a think tank said on Thursday.
Five Eyes alliance urged to forge ties with Greenland to secure minerals
Greenland has huge deposits of rare earths, a set of 17 minerals used in a myriad of applications from electric vehicles to defence goods, a report by the London-based Polar Research and Policy Initiative said.
China controls about 90% of the supply of 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.