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    <title>Why Greenland’s vast natural resources won’t necessarily translate into huge profits</title>
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    <description>Greenland&#039;s extensive resource endowment is unlikely to yield immediate large profits because extraction is impeded by capital intensity, harsh climate and lack of infrastructure. Greenland owns its resources but shares mining profits with Denmark through a scheme that offsets Denmark&#039;s block grant by 50% of mining profits up to the grant&#039;s value. Environmental bans on uranium and fossil fuel extraction and recent investor disputes further complicate commercial development.</description>
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