Gracelyn Baskerin
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Podcast Appearances
Greenland is a strategic area for two reasons. One is from a national security position. It's geographically well positioned. The second is a critical mineral story. But we have to acknowledge, you know, there's a lot of minerals in Greenland. However, it's not all easily or cost effectively mined.
Greenland is a strategic area for two reasons. One is from a national security position. It's geographically well positioned. The second is a critical mineral story. But we have to acknowledge, you know, there's a lot of minerals in Greenland. However, it's not all easily or cost effectively mined.
And cost competitiveness is a critical determining factor in whether a mining company is obviously going to go extract it. So it's a long-term look, and obviously Greenland and Denmark have said they are interested in private exploration and potentially sale of private land. However, they're not looking to be annexed.
And cost competitiveness is a critical determining factor in whether a mining company is obviously going to go extract it. So it's a long-term look, and obviously Greenland and Denmark have said they are interested in private exploration and potentially sale of private land. However, they're not looking to be annexed.
And cost competitiveness is a critical determining factor in whether a mining company is obviously going to go extract it. So it's a long-term look, and obviously Greenland and Denmark have said they are interested in private exploration and potentially sale of private land. However, they're not looking to be annexed.
There are absolutely more diplomatic ways to pursue mining interests in Greenland. And we have to remember that it's not just about the U.S. and Greenland here. It's also about our European allies. We are not going to out-compete China alone. We are going to need our European allies. We're going to need allies in emerging markets. We're going to need Canada.
There are absolutely more diplomatic ways to pursue mining interests in Greenland. And we have to remember that it's not just about the U.S. and Greenland here. It's also about our European allies. We are not going to out-compete China alone. We are going to need our European allies. We're going to need allies in emerging markets. We're going to need Canada.
There are absolutely more diplomatic ways to pursue mining interests in Greenland. And we have to remember that it's not just about the U.S. and Greenland here. It's also about our European allies. We are not going to out-compete China alone. We are going to need our European allies. We're going to need allies in emerging markets. We're going to need Canada.
So we're going to have to find a more diplomatic approach to pursuing our minerals security goals with Greenland.
So we're going to have to find a more diplomatic approach to pursuing our minerals security goals with Greenland.
So we're going to have to find a more diplomatic approach to pursuing our minerals security goals with Greenland.
coast. China, however, is warning that this could break international law.
coast. China, however, is warning that this could break international law.
coast. China, however, is warning that this could break international law.
You know, this is a great question and it's probably going to be one of those interesting things that we will watch play out in the next few years because there's a lot of mineral potential underwater, but there's a lot of challenges that we have. So one is licensing, right? We have now, we have our licensing system and the International Seabed Authority has their own licensing system.
You know, this is a great question and it's probably going to be one of those interesting things that we will watch play out in the next few years because there's a lot of mineral potential underwater, but there's a lot of challenges that we have. So one is licensing, right? We have now, we have our licensing system and the International Seabed Authority has their own licensing system.
You know, this is a great question and it's probably going to be one of those interesting things that we will watch play out in the next few years because there's a lot of mineral potential underwater, but there's a lot of challenges that we have. So one is licensing, right? We have now, we have our licensing system and the International Seabed Authority has their own licensing system.
What happens when there's a dispute between these two frameworks? We're not really sure, number one. Number two, there's maritime security implications that we're not thinking about. We're going to have Chinese ships sitting between Mexico and Hawaii under the guise of deep sea mining without a clear way of how to monitor and manage that in an era where geopolitical tension is quite rife.
What happens when there's a dispute between these two frameworks? We're not really sure, number one. Number two, there's maritime security implications that we're not thinking about. We're going to have Chinese ships sitting between Mexico and Hawaii under the guise of deep sea mining without a clear way of how to monitor and manage that in an era where geopolitical tension is quite rife.
What happens when there's a dispute between these two frameworks? We're not really sure, number one. Number two, there's maritime security implications that we're not thinking about. We're going to have Chinese ships sitting between Mexico and Hawaii under the guise of deep sea mining without a clear way of how to monitor and manage that in an era where geopolitical tension is quite rife.