I’m a mining industry CEO. Let’s talk about Trump and Greenland

With over 35 years of experience working with sectors focuses on precipitate the valuable materials from the ground, I always keep up for the next big thing. I want to think that we are after “future metals,” those who have the power of our global economy and help make our world clean and green area. A few years ago, I talked to elements with the potential to restore the geopolitical scene: rare elements of the land.

President-Elect Donald Trump has his eyes (also) to buy Greenland, which also happens to have one of the largest known world deposits.

ENJOY? I think not. Of course, it may be more than the story, and I don’t have direct access to Trump or his or her content, but I have a visibility of a Critical Metals Corp.-that is in this case important.

Chinese restrictions and Trump visit

Today, we cannot speak about elements of land without talking about China, the dominant manufacturer of the world of rare lands, control over 90% of the market. In the last month was notified of China a Banning to export some mineral minerals and metal in the United States. China forbids Gallium shipments (important for creating computer applications and applications), Germany, antimony, and other military and civilian materials.

This is between a significant amount of buzz about Trump and his interest in buying Greenland, Donald Trump Jr. recently visited. I believe it is part of the Tanbasz project, an estate equity located in Greenland with more than 4.8 billion tons of potential material. It is one of the world’s greatest outstanding assets; One of the highest concentrations in the Gallium found there the past fall.

And now a necessary disclaimer: my company, constructed last year by a merger, targeted by critical metals and minerals, and got a controlling interest in tanbasez last summer. Also means that I am well familiar with the wealth under Greenland.

The Almighty 17, and why are they important

Although the roots of unique elements of the land (“remarkable lands”) – a group of 17 elements of each table, how much they found in 18^IkCenturies, they remain misunderstood. Despite their names, they actually usually occur. However, because of their common concentration of many ores and fast oxidation, they can be difficult to get. They are broken into two broad categories: light rare earth element and heavy rare earth elements – and for refining capacity, limited later.

Important, these elements are the main turnators for technologies in a series of generations. They share in lower emissions, reduces energy consumption, and enhance overall energy efficiency, performance, and safety. They are also important for making products lightly and small.

Choosing National Security in the West

At the end of the day, I think Trump believed the importance of extraordinary elements of the earth because they were important in US defense industry and national security in the US. This is because US defense industry is more important to rare lands.

Light Rare Earth elements primarily used to make magnets, used by electric soccoker, medical turbines, and air storage systems. These are applications that make multiple headings. However, more limited heavy elements of the land are critical for heavy weapons and, in turn, national defense.

The heavy elements of the Earth key ingredients for a range of defense applications, including advanced military systems such as non-shaded aerial vehicles, and Virginia and Columbia classes.

Thus, the defense department increases the domestic supply chains to ensure continued access to the unique land materials needed to make critical weapon systems.

To plan Pentagon a large increase in obtaining F-35 in the coming decades, securing a reliable supply of extreme elements of the land of importance. For reference, Tanbreez in Greenland has a higher concentration of heavy elements that are lighter.

The US remains strong and powerful. However, future fights can be won or lost based on the non-current stability, rather than accessing – and use force 17.

Read more:

• Processing critical minerals can equal the 19th century oil refineries-And one time rockefeller
• Mining has not developed in decades. US must reconcile it as China binds the delight of critical minerals
• Donald Trump Jr visit Greenland only days after the US President-selected-chosen that Washington should take the territory
• Will Trump Greenland be purchased? What to know except ‘no’

The opinions stated in Fortune.com comment pieces are the only views of their authors and do not have to show opinions and beliefs inwealth.

This story originally shown Fortune.com

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