With the minerals in the ground and global demand soaring, Greenland isn’t waiting forever. As Nathanielsen put it: if the West doesn’t show up soon, someone else will.
Resolution Copper, which says the site holds the second-largest known copper deposit in the world, has said the project could meet 25% of U.S. copper demand
The United States and Saudi Arabia have signed two high-profile agreements on energy cooperation and critical minerals, coinciding with President Trump’s announcement of a $600 billion Saudi investment pledge.
In 2023, nearly 99% of uranium concentrate used in the U.S. came from abroad, with key sources including Russia, Kazakhstan, and Uzbekistan. Vanadium, meanwhile, is almost entirely mined in countries like China, Russia, and South Africa.
With a dynamic blend of cultural, economic, and technological drivers, the precious metals industry is set to play a pivotal role in the global economy over the next decade.
The decision focuses on the Battle Springs Formation—a deep aquifer in the Great Divide Basin—and clears the way for Lost Creek ISR, LLC, to boost its underground mining efforts.
For drillers, this long-term outlook may support strategic expansion, especially in jurisdictions with favorable regulatory and logistical conditions. It also reinforces copper’s status as a cornerstone of the green energy transition—and a commodity in increasingly high demand.