Independent, UK - Greenland, the largest island on Earth, possesses some of the richest stores of natural resources anywhere in the world. These include critical raw materials – resources such as lithium and rare earth elements (REEs) that are essential for green technologies, but whose production and sustainability are highly sensitive – plus other valuable minerals and metals, and a huge volume of hydrocarbons including oil and gas.
Three of Greenland’s REE-bearing deposits, deep under the ice, may be among the world’s largest by volume, holding great potential for the manufacture of batteries and electrical components essential to the global energy transition.
The scale of Greenland’s hydrocarbon potential and mineral wealth has stimulated extensive research by Denmark and the US into the commercial and environmental viability of new activities like mining. The US Geological Survey estimates that onshore northeast Greenland (including ice-covered areas) contains around 31 billion barrels of oil-equivalent in hydrocarbons – similar to the US’s entire volume of proven crude oil reserves.
Danish officials angrily insist that the sparsely populated island is not for sale and cannot be annexed. But Mr. Trump has made clear his determination to control it....
The Trump administration is also studying financial incentives for Greenlanders, including the possibility of replacing the $600 million in subsidies that Denmark gives the island with an annual payment of about $10,000 per Greenlander.
Some Trump officials believe those costs could be offset by new revenue from the extraction of Greenland’s natural resources, which include rare earth minerals, copper, gold, uranium and oil.
Megatron - The Danish military leadership has confirmed that Denmark’s armed forces will resist if the United States attempts to invade Greenland, which could lead to a direct conflict
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