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Politics

3 min read

Why Buying Greenland Was Never a Joke

Written by

MA

Martin Uetz

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Published on

2/1/2026

Table of contents

1. The "Rare" Lie and the Concentration Trap2. The China Chokehold (The Real Trigger)3. The Hardware of War4. The Dirty Secret of the "Clean" Revolution5. The Escape Hatch: InnovationThe Pivot Point

When the United States floated the idea of "buying" Greenland in 2019, the global reaction ranged from amusement to outrage. It was dismissed as the whims of a real estate tycoon treating a sovereign territory like a Manhattan penthouse.
But if you stop laughing and look at the periodic table, the logic changes. It wasn't a joke. It was a calculated, albeit clumsy, geopolitical maneuver. The US wasn't interested in the ice; it was interested in what lies beneath it.
We are entering an era where the convergence of digital technology and physical survival depends entirely on 17 specific elements. The "Greenland Purchase" was never about real estate. It was about breaking a stranglehold that threatens the entire Western economy.
Here is the real story behind the headlines, and why the future of your smartphone, your car, and global security might just depend on a frozen island in the North Atlantic.

1. The "Rare" Lie and the Concentration Trap

First, let’s dismantle a myth. Rare earth elements aren't actually rare.
If you dig up your backyard, you might find Cerium. It is the 25th most abundant element in the Earth’s crust—more common than copper.
So, if they are everywhere, why do we need Greenland?
The problem isn't geology; it's economics and concentration. While these metals are scattered globally, finding them in concentrations high enough to mine profitably is incredibly difficult. Greenland is one of the few places on Earth with massive, accessible deposits. The US interest is a recognition that while these elements are abundant in nature, accessible supply is dangerously scarce.

2. The China Chokehold (The Real Trigger)

This is the angle that keeps Pentagon strategists awake at night.
The US doesn’t have a mining problem; it has a processing problem.
China doesn't just hold the cards; they own the casino.

  • Mining: China extracts ~70% of the world's raw rare earths.
  • Processing: Crucially, they control over 90% of the refining capacity.
    Processing these elements is a chemical nightmare—complex, costly, and toxic. For decades, the West happily outsourced this "dirty work" to Beijing to keep prices low. The result? A strategic chokehold. Even the Mountain Pass mine in California had to ship its ore to China for processing until very recently.
    Buying Greenland was a shortcut—a way to secure a massive resource base that isn't subject to Beijing's export bans or trade wars.

3. The Hardware of War

We often talk about war in terms of cyber-attacks and AI, but kinetic warfare runs on hardware. And modern hardware runs on rare earths.
Without these 17 elements, the US military is effectively grounded.
The Math of Modern Defense:

  • F-35 Fighter Jet: Requires 418 kg (920 lbs) of rare earths.
  • Virginia-Class Submarine: Needs 4,600 kg (10,140 lbs).
  • Arleigh Burke Destroyer: Uses 2,600 kg (5,730 lbs).
    Currently, the most advanced US defense platforms rely on materials refined by its primary geopolitical rival. If China turns off the tap, the US cannot build the destroyers or jets it needs to project power. Greenland represents a "strategic reserve" to ensure the US war machine doesn't stall.

4. The Dirty Secret of the "Clean" Revolution

Here is the uncomfortable paradox of our time: To go green, we have to dig deep.
The energy transition is not clean. It is mineral-intensive.
We want wind turbines and Electric Vehicles (EVs) to save the climate. But the permanent magnets inside them require Neodymium and Dysprosium. Extracting these is brutal.

  • It involves crushing rock, roasting it, and bathing it in acid.
  • The Cost: Processing one ton of rare earths can generate 2,000 tons of toxic waste, including radioactive thorium and uranium.
    The US wants Greenland not just for the resources, but perhaps to shift this environmental burden to a remote frontier, keeping the "green" transition going without destroying its own backyard. It is a harsh trade-off between global decarbonization and local ecological destruction.

5. The Escape Hatch: Innovation

While geopolitics plays out in the Arctic, a quieter revolution is happening in the lab. The ultimate checkmate to the "Greenland" or "China" problem isn't finding more mines—it's making the mines obsolete.
Technology is beginning to bypass geology.

  • Iron Nitride Magnets: Companies like Niron Magnetics are building high-performance magnets using common iron and nitrogen—zero rare earths required.
  • Magnet-Free Motors: Manufacturers like Astemo are engineering EV motors that use electric currents rather than permanent magnets to generate torque.
    If these technologies scale, the geopolitical value of Greenland drops overnight.

The Pivot Point

The seemingly absurd desire to buy Greenland was actually a symptom of a world waking up to a harsh reality: We have built a digital, green future on a fragile, monopolized physical foundation.
We are at a crossroads. We will either continue the 20th-century game of resource grabbing—fighting over frozen islands and digging open pits—or we will accelerate the 21st-century approach of material science innovation, engineering our way out of dependency.
Until then, don't be surprised if the eyes of the world turn North again. The ice is melting, and the race for what lies beneath is just heating up.
What do you think? Is the answer in the ground (Greenland) or in the lab (Innovation)?

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