As ice masses retreat all over the world, is it possible that availability of some of the scarcest, most valuable resources on the planet will increase?
Take the example of rare earth elements (REE). China currently enjoys a near complete monopoly on such elements, controlling 85-95% of the supply (Forbes). The uses for these metals is endless, and demand is only set to increase.
They are necessary in the construction of everyday objects such as batteries, phones, DVD's, but also as catalysts for industrial scale manufacturing. As society tries to move away from internal combustion, batteries and the like are only going to get more important to us.

However, they're called 'Rare' earth elements for a reason. There just isn't all that much of them around.
Now, Greenland is one of the most resource laden islands on the planet. Along with diamonds, gold, uranium, hydrocarbons and many other natural resources, Greenland has a particularly large abundancy of these REE's. The only problem is that lots of them are buried under ice.
Not for long.
Estimates suggest that Greenland will soon produce upwards of to 20% of global REE supply (Foreign Affairs), mainly due to a single (ice free) mining site in Southern Greenland, near Narsarsuaq.
As we've previously seen, the Greenlandic ice sheet is retreating, thereby uncovering more and more of these potential deposits. This isn't only a boon for you and me as it aids supply of our electronics for the foreseeable future, but also for the Greenlandic people, who will hopefully be able to gain their independence from Denmark with the considerable proceeds from all this mineral wealth. This dependence of Denmark is due to the fact that they are reliant upon Danish subsidies, imports and exports (Denmark accounts for 60 and 65% of total Greelandic imports and exports respectively). When Greenland can make enough revenue to make these subsidies obsolete, the their wishes of independence are far more likely to be realised.
Examples such as this can be found all over the world where ice exists: Melting permafrost aids with natural gas extraction, and several mining companies are exploring the possibilities of mining in Antarctic shelf (no extractions are yet taking place), to name but two examples. This is interesting because it's an example of how melting ice might actually be considered a positive rather than a negative one, a point of view which is rare!



