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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsGreenland Signs Lucrative Minerals Deal with Europe in Blow to Trump
Newsweek
Published May 22, 2025 at 7:17 AM EDT
By Brendan Cole
Greenland has allowed a Danish-French consortium to mine a rock which is key to the production of aluminum. The permit granted to Greenland Anorthosite Mining (GAM) to extract anorthosite follows interest in the Arctic territory from U.S. President Donald Trump in acquiring the autonomous island which is part of the Kingdom of Denmark.
GAM, which is backed by French company Jean Boulle Group and real estate investment firms bodies from Denmark and Greenland, was granted a 30-year permit, Reuters reported.
Jesper Willaing Zeuthen, associate professor at Aalborg University in Denmark, told Newsweek on Thursday that Trump's interest in resources from Greenland is likely to focus more on long-term investment objects, and securing the minerals in the future but not the immediate development of mines. Zeuthen said that Greenlandic legislation makes this approach hard, since mining licenses are temporary and require costly activities on the sites to uphold them.
Had Greenlandic territory been governed according to U.S. legislation, investors could simply buy the land including sub-territory rights and wait for the ice to melt, Zeuthen said, "but since land in Greenland belongs to the Greenlandic state, Greenland is far from this situation."
More here
https://www.newsweek.com/greenland-trump-permit-extraction-2075673
tanyev
(48,675 posts)
Evolve Dammit
(21,506 posts)pazzyanne
(6,747 posts)Johonny
(25,502 posts)Pinback
(13,505 posts)
orangecrush
(28,508 posts)And Trump is playing with half his pieces mussing.
Dave Bowman
(6,685 posts)MiHale
(12,633 posts)Arazi
(8,708 posts)From the playing board altogether
ms liberty
(10,977 posts)orangecrush
(28,508 posts)Wounded Bear
(63,857 posts)Gordcanuck
(152 posts)the U.S. debt spiral events now playing out. Its going to be a rough ride both to watch, and for many, to experience.
wolfie001
(7,101 posts)Very satisfying.
travelingthrulife
(4,463 posts)Aristus
(71,669 posts)Layzeebeaver
(2,155 posts)Dave Bowman
(6,685 posts)mcar
(45,690 posts)karin_sj
(1,326 posts)After all the threats to take their country (by force if necessary), this is a good move to keep spies, more military, and other troublemakers out of their country. Never thought I'd be talking about my country that way.
NJCher
(42,510 posts)But there is this: hahahahahahahhahah!
zorbasd
(514 posts)will move by force, or just take it at his whim.
NJCher
(42,510 posts)I have prognosticator experience, and you dont.
Im sticking with my own opinion, feeling, and assessment.
Blue Full Moon
(3,178 posts)Arazi
(8,708 posts)Not kidnapped at all. He seriously fucked up and failed to submit a crucial application document.
Progressive dog
(7,572 posts)and that is far from great.
Paladin
(32,303 posts)Looking forward to the usual drooling response from trump...
twodogsbarking
(17,589 posts)Intractable
(1,657 posts)I feel divided inside. Not whole.
Tickle
(4,131 posts)Feels weird reading how excited everyone is that we were left out and lost.
JustAnotherGen
(37,587 posts)Grins
(9,246 posts)From: "Greenland Signs Lucrative Minerals Deal with Europe in Blow to Trump,"
to:
"Greenland Signs Lucrative Minerals Deal with Europe in a Major "Fuck you!" to Trump."
ananda
(34,453 posts)talking about annexing Canada and Greenland?
Heh heh
Dave Bowman
(6,685 posts)What a nasty waste of space.
UTUSN
(76,978 posts)Evolve Dammit
(21,506 posts)Figarosmom
(9,778 posts)Emile
(40,659 posts)business negotiator.
LOL 😆
Martin68
(27,083 posts)Cha
(316,891 posts)the Excellent News!
soldierant
(9,287 posts)searching for a particular one (which I didn't find), but I did learn - which I had forgotten - that the Apricot Antichrist was interested in Greenland and talking about buying it as long ago as 2019.
Karasu
(2,003 posts)But in all likelihood, we'll be getting some whiny-ass 4th-grade level rant about how badly we "need Greenland" by the end of the week.
Maybe it'll give him an aneurysm.
cstanleytech
(28,231 posts)struggle4progress
(125,385 posts)LetMyPeopleVote
(175,025 posts)Trump got pissed that Greenland signed a lucrative mineral deal with the European Union, so now heâs proposing a 50% tariff on all imports from the EU. ð¡
— AnnieForTruth (@anniefortruth1.bsky.social) 2025-05-23T16:29:10.232Z
