Greenland Warns US, EU on Mining Investment

Greenland is seeking foreign investment to develop its vast mineral resources, preferring US and European partners but warning it may consider Chinese investors if Western engagement falls short. Business and Mineral Resources Minister Naaja Nathanielsen expressed frustration over stalled efforts to renew a key US-Greenland mineral development agreement and criticized former President Trump’s past rhetoric as disrespectful. While China dominates the global rare earth minerals market, its current involvement in Greenland is limited, though the territory remains open to such partnerships if necessary. Greenland recently granted a major mining license to a French-backed company, signaling its openness to international investors. The ongoing geopolitical competition over Greenland’s resources raises concerns that the US 'America First' policy could lead to its isolation amid shifting global alliances. Nathanielsen emphasized Greenland's preference for respectful, mutually beneficial relationships and its determination not to become a political pawn.