Rare earth demand is rising fast. Between 2024 and 2030, global demand for rare earths is projected to increase by 45%, mainly because electric vehicles (EVs) and renewable energy keep expanding. As demand climbs, countries are paying closer attention to where rare earths come from and who controls the supply chain, especially as China still dominates global processing capacity. At the same time, President Donald Trump's renewed interest in Greenland has put the island’s mineral resources back in focus, helping to lift mining stocks tied to Greenland.
Energy Transition Minerals (GDLNF), an Australian explorer advancing the Kvanefjeld rare earth project in southern Greenland, has become one of the clearest winners from this renewed attention. GDLNF stock has surged 87% over the past month.
