US and European mining companies need to hurry up and invest in Greenland otherwise it will have to look elsewhere for help exploiting its minerals, including from China, a minister for the vast Arctic territory has warned.
“We want to develop our business sector and diversify it, and that requires investments from outside,’’ Naaja Nathanielsen, Greenland’s minister for business and mineral resources, told the Financial Times.
When asked about turning to China, she replied: ‘‘We do want to partner up with European and American partners. But if they don’t show up I think we need to look elsewhere.”
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