December 26, 2024

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Rare treasure changes the balance – this is the deposit that deals the death blow to China

Rare treasure changes the balance – this is the deposit that deals the death blow to China

On the largest island on earth lies the new energy treasure that will enable the West to break free from the leading power of electric mobility, China.

shocks in Empire of China in their supply chain Electric cars wants to cause Mining of Tabrizwhich focuses on an important project Mining is an important mineral. The project is about mining from rare earths in south Greenland, To reduce North America’s dependence on China, which is the undisputed leader in electricity.

Tanbreez Mining is owned and started by geologist Greg Barnes extraction of rare earth elements for electric motors in 2024; After obtaining a mining permit, Barnes revealed that 30% From this quantity to include too Sought after rare earths.

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Rare earths south of Greenland

As reported by the global media, a plant capable of melting rare earth elements from the solvent rock is required to start the mining process. Such systems currently only exist in Russia And China.

According to Barnes, A similar plant will be built in the coming months in the United States. While there are plans to build a corresponding production unit in Europe, without knowing his whereabouts.

He added that a factory will be established to extract rare earth elements at a cost of 40 million euros A decade ago in China, the equivalent unit cost was at least four times higher.

The mine is located in southern Greenland sheep breeding area, While the main rare earth elements found at the site are cerium, lanthanum, and yttrium.

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China is The absolute ruler in the field of electric mobility Because it controls the most basic and expensive component, which is none other than the battery.

Europe and China are It is completely dependent on the second largest economy in the worldWhich has alarmed them as they strive to develop their supply chains.

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