Greenland Holds Rare-Earth Treasure?But Geology Still Does Not Equal Supply

Highlights

• Greenland's Tanbreez and Kvanefjeld projects face difficult mineralogy, Arctic logistics, and lack of downstream separation and magnet capacity.
• Kvanefjeld is entangled in Greenland's political ban on uranium mining and raises radioactive waste concerns flagged by analyst Thomas Kruemmer.
• The critical gap is not resources in the ground but separated Dy, Tb, and NdPr deliverable outside China at qualified, commercial scale.
• REEx warns investors to tether valuations to the Transition Vulnerability Window—capacity arriving in 2029–2031 cannot solve a 2027–2028 shortage.
• Greenland controls its own natural resources under self-government, making sovereignty inseparable from any mineral strategy.