The ice is melting more quickly than before, revealing an untapped landscape of opportunity for mining companies.
What they want most is rare earth, a composite of elements highly sought after for smart phones and computers and currently predominantly supplied by China.
Dateline reports on the conundrum now facing this sparsely inhabited island, which still relies on mother country Denmark for half its annual budget.
How can the wealth be exploited to improve its economy without over-exploiting the beautiful landscapes and pristine waters?
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