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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
(49,778 posts)
Evolve Dammit
(21,826 posts)pazzyanne
(6,761 posts)Johonny
(26,714 posts)Pinback
(13,678 posts)
orangecrush
(31,352 posts)And Trump is playing with half his pieces mussing.
Dave Bowman
(7,516 posts)MiHale
(13,211 posts)Arazi
(8,887 posts)From the playing board altogether
ms liberty
(11,402 posts)orangecrush
(31,352 posts)Wounded Bear
(64,724 posts)Gordcanuck
(201 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
(8,058 posts)Very satisfying.
travelingthrulife
(5,659 posts)Aristus
(72,630 posts)Layzeebeaver
(2,292 posts)Dave Bowman
(7,516 posts)mcar
(46,436 posts)karin_sj
(1,387 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
(43,634 posts)But there is this: hahahahahahahhahah!
zorbasd
(530 posts)will move by force, or just take it at his whim.
NJCher
(43,634 posts)I have prognosticator experience, and you dont.
Im sticking with my own opinion, feeling, and assessment.
Blue Full Moon
(3,693 posts)Arazi
(8,887 posts)Not kidnapped at all. He seriously fucked up and failed to submit a crucial application document.
Progressive dog
(7,625 posts)and that is far from great.
Paladin
(32,354 posts)Looking forward to the usual drooling response from trump...
twodogsbarking
(19,484 posts)Intractable
(2,440 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
(38,131 posts)Grins
(9,550 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
(35,607 posts)talking about annexing Canada and Greenland?
Heh heh
Dave Bowman
(7,516 posts)What a nasty waste of space.
UTUSN
(77,795 posts)Evolve Dammit
(21,826 posts)Figarosmom
(13,867 posts)Emile
(43,546 posts)business negotiator.
LOL 😆
Martin68
(28,111 posts)Cha
(320,994 posts)the Excellent News!
soldierant
(9,372 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
(2,139 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
(28,628 posts)struggle4progress
(126,809 posts)LetMyPeopleVote
(182,783 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
