What raw materials can be derived from the Arctic?

Why is there such a dispute about the Arctic? One of the reasons is the valuable natural resources the region offers. These are goods that are derived from nature and are not yet processed. In Greenland, especially metals such as gold, platinum, palladium, rare earth, uranium, and strontium are present. The local deposits belong to the largest in the world. It is rarely been depleted because the costs are too high.
On the Kola Peninsula and in Siberia in Russia however, there are already about 20 mining operations. The total area is rich in iron, non-ferrous and precious metals, diamonds and other rare metals and fertilizer raw materials. Alaska’s and northern Canada’s long mining tradition began with the discovery of gold deposits at the end of the 19th century. There is also a lot of lead and zinc. The degradation of these materials contributes to a large part of the total annual income of the country. However, large parts of the North American Arctic are still unexplored, which is why the occurrence of natural resources there are still unknown. Northern Scandinavia as well as the Russian and North American Arctic are already contributing an important bit to the extraction of natural resources. Whether Greenland will join them in the future is still unsure. The development in the Canadian and Finish Arctic regions precedes probably faster because they have a better infrastructure, meaning roads and power lines than the Greenlandic and Russian Arctic.
In general, it is assumed that the extraction of raw materials in the Arctic will remain something of an exception as the arctic habitat should not be destroyed. Also the extreme cold climate, poor infrastructure and the major technical requirements complicate the exploration and exploitation of the territories.