Washington Eyes Equity in Greenland Rare Earths to Break China’s Grip
6 Articles
6 Articles
Washington Eyes Equity in Greenland Rare Earths to Break China’s Grip
The United States is weighing a direct stake in Critical Metals Corp, owner of the Tanbreez rare-earths project in southern Greenland. One option under discussion would convert a $50 million Defense Production Act grant request into equity—roughly an 8 percent holding—while a separate U.S. Export-Import Bank letter of interest contemplates up to $120 million in […]
Washington’s Greenland Rare Earth Gambit: Critical Metals Soars as U.S. Eyes Strategic Stake
U.S. Eyes Stake in Greenland Rare Earth Project The U.S. government has been in talks to take an equity stake in Critical Metals Corp, the company developing the Tanbreez rare earths mine in Greenland reuters.com. According to an exclusive Reuters report, Trump administration officials discussed a potential deal that would convert a $50 million Defense Production Act grant into shares of the company reuters.com reuters.com. At $50 million, an in…
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