Former Ambassador Joins Energy Transition Minerals Amid Legal Dispute
In a significant move, Friis Arne Petersen, a seasoned diplomat with experience in Australia, China, and Germany, has accepted a role on the advisory board of Energy Transition Minerals (ETM), an Australian company embroiled in a contentious legal battle concerning mineral rights in Greenland.
Currently, ETM is pursuing legal action against the self-government of Greenland, claiming it has been unjustly denied a chance to secure an exploitation license following the passage of the Uranium Act in 2021. The company argues it is entitled to advance its licensing process for the Kuannersuit project, a significant endeavor that focuses on extracting rare earths. In the alternative, ETM is seeking compensation amounting to DKK 76 billion.
In light of Petersen’s appointment, Sermitsiaq reached out to Danmarks Radio to inquire whether he would continue to provide expert commentary on Arctic and geopolitical issues. The media outlet responded, stating, “We always assess on a case-by-case basis whether and how experts must be declared. We will of course also take into consideration Friis Arne Petersen’s new role at Energy Transition Minerals.”
Petersen was willing to provide reflections on his new position, articulating his understanding of the Kuannersuit project. “I have a solid grasp of Energy Transition Minerals and its initiative focused on extracting rare earths responsibly. I’ve followed Greenland’s resource development for years, and I see Kuannersuit as a project that can catalyze positive economic growth for Greenland while also contributing to global green initiatives.”
When asked what motivated him to join ETM, Petersen emphasized the opportunity to leverage his extensive experience in international relations. “I accepted this role because I believe it’s vital to foster an open and respectful dialogue surrounding raw material development in Greenland.”
The former ambassador confirmed that his advisory position is compensated, remarking that such arrangements are standard in advisory boards. “I aim to assist the company in its interactions with Greenlandic and Danish stakeholders and to highlight the potential benefits of a project that holds significant promise for Greenland and beyond.”
Petersen detailed how this collaboration came about, explaining that ETM approached him as it sought to create an advisory board. After thoroughly reviewing the project, he decided to join.
In discussing his responsibilities, he made it clear that his focus would be on advising rather than representing ETM’s interests directly. “I see my role primarily as providing knowledge on diplomacy and governance to foster cooperation,” he explained. “It’s essential to ensure that everyone’s interests are respected, especially when it comes to developing mining projects.”
Responding to concerns about steering the company amidst its ongoing legal dispute with Greenland’s authorities, Petersen expressed confidence in the legal process. He maintained that his focus would remain on constructive dialogue and building trust among all parties involved.
Petersen addressed potential conflicts of interest, stating that his insights into international affairs would be grounded in professionalism and transparency. “In future public discussions about mining and rare earths, I will be open about my position on ETM’s advisory board,” he noted.
Amidst criticism from environmental organizations such as NOAH, which contend that collaborating with a mining company undermines Greenland’s self-governance, Petersen emphasized his commitment to cooperation. “I respect civil society’s dedication to environmental issues, but I believe there’s a path forward that reinforces responsibility and collaboration.”
He concluded that sustainable development in the Arctic requires all stakeholders to engage in dialogue, stressing the importance of overcoming divisions. “No one benefits from a stalemate. Greenland and Denmark have the opportunity to protect vital interests in rare earth mining, and dialogue is essential for achieving green and sustainable development.”