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Big business eyes Iceland's Arctic treasures

Global warming reveals region's resources and shipping opportunities for Russia and China.

Last Modified: 15 May 2013 15:16
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Global warming is opening up opportunities for shipping and mining companies, as melting ice means the arctic is more accessable.

Russia is already aggressively exploring for resources in the north and China could be the latest to jostle for the Arctic's assets.

Al Jazeera's Tim Friend reports from Iceland.

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Al Jazeera
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