Greenland has granted a 30-year mining license to a Franco-Danish consortium to extract anorthosite, a rock used in aluminum production, from Arctic territory.
The license was awarded to Greenland Anorthosite Mining (GAM), a company backed by the French Jean Boulle Group and several Danish and Greenlandic real estate investment firms, according to Reuters.
While Washington has shown strong interest, Greenland’s Minister of Mineral Resources, Naaja Nathanielsen, said no concrete U.S. investment proposals have been submitted, unlike those from Europe.
Greenland signs juicy deal with Europe in a blow to Trump
Fine idea.
Republicans might get a big shock, though, when the bills come home and they find the richer Democtratic States that fund the Federal budget, are not subsidising their spending.
PH
On slippery "marble" steps. His fall was textbook elderly slip and fall. He was fortunate not to break a wrist or arm. He will be sore for weeks and may have trouble walking for some time.
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