Greenland Repeals Radioactive Mining Ban

An anonymous reader writes "According to the International Resource Journal, 'Greenland has voted to axe a long-enduring ban on mining for radioactive materials, reopening the market to uranium and rare earths mining. Yesterday's parliamentary vote passed the decision by a staggeringly close 15-14 votes. ... The ban has previously prevented the extraction of some major rare earth deposits, because they are connected to radioactive materials.' 95% of the world's rare-earth demand is currently supplied by China, but estimates indicate Greenland could produce enough to supply 25% of the demand. Greenland's Prime Minister said the decision was made because of financial reasons: 'We cannot live with unemployment and cost of living increases while our economy is at a standstill. It is therefore necessary that we eliminate zero tolerance towards uranium now.' Environmental groups, as you might expect, are not happy."