The Global Race for Arctic Resources

There's been this narrative of the last frontier of, sort of, rich accessed resources

that haven't been accessible in the past. It's estimated that 30% of the world's

undiscovered gas and 13% of undiscovered oil is there. Minerals too, particularly in

Greenland. If the US were to gain access to Greenland's resources, it could significantly

reduce our dependence on foreign suppliers, particularly China, which currently operates a virtual

monopoly on the rare earth market. But getting these resources is far from simple.

You're dealing with environments that are remote, expensive to operate in,

lacking infrastructure and where there is very little skilled labor close by. Despite this,