Monday, June 18, 2012

In Denmark, Hu Jintao (Red China's president) sets eyes on Greenland's minerals

Free Republic  via EurActiv

quote:

Greenland, a self-governing dependency of Denmark, has some of the world's biggest deposits of rare earth elements, strategically important metals in which China has a near monopoly. 
Comment:

Most likely, people do not know that thorium deposits are found with rare earths.  Thorium is treated as a radioactive waste, even though it is benign.  So mining companies in this country avoid deposits, which could be rich in rare earths, just to avoid the thorium.

The stupidity of this staggers the mind. There is no need for a Chinese monopoly. There is no need for an energy shortage.  There is no need for what could be a war brewing.  But these idiots are making it possible.

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