Overview
- President Donald Trump escalated calls to take Greenland, saying the U.S. will act "whether they like it or not" to block Russian or Chinese influence.
- Denmark and Greenland reiterated the island is not for sale, as Secretary of State Marco Rubio plans talks with Danish officials and the White House weighs a potential offer.
- Mining firms reported fresh investor interest tied to Washington’s rhetoric, with Critical Metals and Amaroq discussing possible U.S. support, including export-credit financing.
- No rare-earth mine operates in Greenland; projects remain at the exploration stage because of ice cover, scant infrastructure, complex eudialyte-hosted ores, and a ban on uranium mining.
- Industry analysts say Greenland is unlikely to ease Western reliance on China this decade given high costs, regulatory hurdles, and China’s dominance in processing, while polling shows strong local opposition to U.S. annexation.