A Perth-based miner’s plans to set up a mine in Greenland has been rejected by the territory’s government because of uranium at the site.Energy Transition Minerals announced its setback to the Australian sharemarket on Monday, along with scathing commentary which alludes to China’s dominance of rare earth minerals.“Regulatory process in Greenland may be used to serve political outcomes rather than to ensure fair and predictable treatment,” managing director Daniel Mamadou said.“Companies and investors considering Greenland will draw their own conclusions about the predictability of its regulatory process, and Western governments working to secure critical minerals supply chains have a direct interest in how licensing decisions like this one are handled.”China has an overwhelming dominance in rare earth mining and processing. This dominance has prompted Australia and the US to sign a $5bn deal to get US investment in Australian mines. This month, the G7 nations - Canada, France, Germany, Italy, Japan, the UK, the US, and the European Union - agreed to receive no more than 60 per cent of rare earth imports from any one single country, in an effort to reduce reliance on China.Reported by Reuters, Greenlandic Mineral Resources Minister Múte Egede said the decision was in line with uranium reform and environmental concerns.“We listen to the people, especially in South Greenland, who have made their position clear since many years,” he said.The Greenlandic government said: “Further exploration in the area is not deemed likely to lead to the discovery of deposits that can be exploited in accordance with the Uranium Act”.The Perth-headquartered mining explorer, Energy Transition Minerals, counts former Trump White House official Alexander B. Gray as an advisory board member, along with former Australian foreign minister Julie Bishop and former Danish foreign minister Jeppe Kofod.The company claims the Kvanefjeld Project in southern Greenland could supply 15 per cent of global rare earth elements.The company has been developing the Kvanefjeld Project for years, which has vast amounts of neodymium and praseodymium, which are used in EVs, wind turbines and renewable energy tech, as well as heavy rare earths dysprosium and terbium, which are highly heat resistant, so are valuable for EVs as well as aerospace and defence.Greenland introduced new laws banning uranium mining after the company began exploring, and the exploration licence had already been extended after those laws came into effect.The company says readings from the project area are under the law’s uranium threshold. But the company revealed to the ASX on Monday the Greenland government had declined to extend the exploration licence.Energy Transition Minerals says it will fight the decision, perhaps in court and at the administrative tribunal.“The Ministry had nine months to review our request for extension of the licence, then imposed a tight deadline and declined a reasonable extension request,” Mr Mamadou said.“It also disregarded our own recent data showing uranium below the threshold set by Greenland’’s own law.“This decision significantly undermines Greenland’s position as a predictable place to invest, at a time when stable jurisdictions are central to establishing Western critical mineral supply.”Read related topics:Perth