The Nordic countries, particularly Greenland, Norway, Sweden, and Finland, are rich in a variety of rare earth elements, and the U.S. and its allies have already laid the groundwork that will make future supply deals possible
One year after Congress passed the historic Inflation Reduction Act IRA, the U.S. remains as reliant on China as ever for critical minerals, materials and components that go into everything from electric vehicle batteries to solar panels. Indeed, de-risking has become the new buzzword among the political class, a notable shift from earlier calls for decoupling the U.S. economy from China’s, including by none other than President Biden himself.
Further, Nordic governments have a history of commitment to low-impact, sustainable mining practices, making them ideal for industries looking for responsibly sourced minerals. Clean Energy Policy Framework Even better, the U.S. and its allies have already laid the groundwork that will make future supply deals possible.
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