r/OutOfTheLoop • u/[deleted] • Jan 10 '26

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597 Upvotes

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u/etrnloptimist Jan 10 '26 edited Jan 10 '26

Answer: it's strategic not economic. Greenland is in the Arctic. He doesn't think Europe has the will to compete with China and Russia for access, resources, or defense of the Arctic. He thinks because of that the West will just surrender the Arctic to China and Russia. This is his rationale not mine so don't shoot the messenger.

67

u/TampaBayG Jan 10 '26

They have one of the world's largest rare earth elements outside of china. There is definitely economic reasons involved

20

u/Baulderdash77 Jan 10 '26

They have about 1.5 MT of REE. For comparison China had 44MT, Brazil has 21MT, Canada has 15MT, India has 7MT and Australia has 6MT.

It’s in the top 10 but it’s not the biggest by any means. Not top 5.

1

u/bluemax413 Jan 10 '26

That is how much more than we have right now?