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On March 6, 2025, the Minister of Business and Fimenment on Business and Fixtures Naaja Nathanielsen appeared during an interview with AFP in his office in Nauk, Greenland.
Odd Andersen | AFP | Gets the image
Greenland is little interested in using its large -scale resource to become a higher mining country.
The world’s largest island was sent to Geopolitical spotlight In recent months, US President Donald Trump has repeatedly stated that Washington should control the autonomous Danish territory – even refusing to exclude the use of military or economic force.
Trump’s pursuit to Greenland comes as prey executives describe The race for a large extent unused resources of Arctic as a “huge opportunity” were unused. However, The harsh climate of Greenland, the remote landscape and the lack of infrastructure were named barriers for the strategic potential of the island.
Naaja Nathanielsen, Minister of Business and Finnish Greenland, said CNBC that the operation of some high -chanted minerals is “absolutely possible and viable”, noting that several mining projects are already underway.
“We have projects that, I think, are very promising: graphite, gold, copper, nickel, molybdenum and so on. Also rare land,” said Nathanielsen CNBC. “Squawk Box Europe“Friday.
“But for Greenland, we are not necessarily interested in becoming a truly wonderful mining country. We just want 5 or 10 active mines at any time,” Nathanielsen said.
“We are a very small population, so we do not need the whole country for us to cover the mines. We are satisfied with the fact that we manage a few, and I think it is possible,” she added.
Greenland, which currently has only two active mines on the island, has long been located as a Western alternative to China Next to the monopoly on rare land elements.
Indeed, 2023 years overview As a result of the Geological Service of Denmark and Greenland (Gus), 25 of 34 minerals recognized as critical raw materials were found in Greenland.
These minerals include graphite, molybdenum and titan that is expected to play a key role in turn to more resistant energy sources.
Mining operations
Earlier this week the Critical Metals Corporation mining firm announced He received an interesting letter from Export-Import Bank for a loan of up to $ 120 million to finance the rare land of Tanbreez firm in southern Greenland.
In particular, the financing package noted the first foreign investment of the Trump administration in the draft mining.
On this air view, the icebergs melts, the crowd of Ilulissat Icefjord on July 16, 2024 near Ilulisat, Greenland.
Sean Galop | Getty Images | Gets the image
Greenland authorities also recently approved A 30-year-old mining permit for the Danish-French mining group for the operation of anortositis, rocks, rich aluminum, on site in Western Greenland.
Separately, Eldur Olafson, CEO of a mining company focused on Amaroq, called Greenland as a “strange country”.
“Geology is such that Greenland has traveled around the world through geological times and went everywhere – it means that it is subjected to most mineral resources,” Olafson CNBC said “Europe Early edition‘Thursday.
“It has a fantastic jurisdiction against regulation. It is based on the northern principles and law,” he added.
On March 10, 2025, on the eve of the Greenland parliamentary elections, on the eve of the Parliamentary region in Greenland, ahead of the Greenland parliamentary elections. Two days of thunderstorms and soft weather thwarted political posters and snow in Greenland’s capital.
Odd Andersen | AFP | Gets the image
Asked how the prospect of acquiring the United States could affect the firm’s operations and prospects, Olafson said that the fate of Greenland – to choose Greenlander.
“In the end, I think Greenland will most likely be an independent state with the support of the northern countries and supported by the United States, as well as Iceland,” Olafson said.
Teaching in the past
Nathanielsen Greenland said the territory has “very high” environmental, social and managed (ESG), partly due to previous problems with prey pollution.
“I think that Greenland residents really support the mining industry, which is quite rare when you look at other jurisdictions. But they do it because they believe in us who have a high environmental standard and care about local communities,” Nathanielsen said.
“And when we start making it, we will also lose support for this industry. It really is important to us. So, I think we have learned from the past,” she added.
