Tech moguls who invested in Greenland mining also gave Trump campaign $243m: report [View all]
Source: The Independent
Wednesday 16 April 2025 04:10 BST
Tech moguls and other wealthy individuals who donated to Donald Trump’s 2024 campaign could financially profit if the United States takes over Greenland, given their deepening financial ties there, according to a report. Since returning to the White House, Trump has been keenly eying a takeover of the autonomous territory of Denmark. Vice President JD Vance even visited Greenland last month to underscore the administration’s startling insistence to control the island.
Trump said flatly ahead of Vance’s visit: “We need it. We have to have it.” Trump’s National Security Adviser Mike Waltz told Fox News in January: “This is about critical minerals. This is about natural resources.” The president has also insisted that national and international security interests are driving his plan to control the Arctic territory.
The motivation to control the territory could be essentially commercial. Greenland has significant reserves of rare earth minerals, which are critical to the tech industry — and to advanced defense technologies. Dominant in the rare earth minerals supply chain is China, which early this month placed significant export restrictions on some of the minerals in retaliation for Trump’s trade war.
Now, in a review of campaign finance records and corporate filings, mining companies. (sic) The revelation has raised ethics and influence questions about the motivation behind the president’s push to take over the territory.
Read more: https://www.independent.co.uk/news/world/americas/us-politics/greenland-trump-tech-moguls-donations-b2734045.html
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