Why Greenland’s rare earth riches cannot end US dependence on China’s minerals

AI Summary
Despite US efforts to reduce reliance on China for rare earth minerals, Greenland's eudialyte deposits, a potentially valuable source, remain commercially unviable. According to a mining investor, no country has yet developed a successful method for extracting rare earth oxides from eudialyte. China currently dominates the global rare earth mineral trade, controlling approximately 90% of the supply, which are essential for hi-tech manufacturing. This dominance has prompted the US to seek diversified supply chains, especially after China implemented export controls. The US is pursuing international partnerships and developing domestic capacity to counter China's leverage in the critical minerals sector.
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