The long-running dispute over Greenland's Kvanefjeld rare earth project has delivered a lesson that Western governments are only beginning to absorb: a strategically important deposit is worthless to a supply chain if investors cannot trust that the regulatory framework governing it will remain stable long enough to justify spending the capital required to develop it
Kvanefjeld's rare earth potential has never been in question What has undermined the project is a cycle of legal uncertainty that has made it progressively harder to finance — regardless of its geological merits
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Source and Credit: mining.com
