Why Greenland's Vast Natural Resources Won't Necessarily Translate Into Huge Profits

Looking into Greenland’s rich mineral history and why Trump is eyeing the country

The U.S. is sabre-rattling over Greenland once again. The vast island’s natural resources are back on the agenda, a year after then-U.S. national security advisor Michael Waltz announced: “This is about critical minerals. This is about natural resources.”

Why Greenland's vast natural resources won't necessarily translate into huge profits

The US is saber-rattling over Greenland once again. The vast island's natural resources are back on the agenda, a year after then-US national security advisor Michael Waltz announced: "This is about critical minerals. This is about natural resources."

Why Greenland’s vast natural resources won’t necessarily translate into huge profits

watcharapas kumsuk/ShutterstockThe US is sabre-rattling over Greenland once again. The vast island’s natural resources are back on the agenda, a year after then-US national security advisor Michael Waltz announced: “This is about critical minerals. This is about natural resources.” Greenland is endowed with both fossil fuels and critical raw materials. It possesses at least 25 of the 34 raw materials considered critical by the European Union. Th…

Lukas Slothuus - Why Greenland’s vast natural resources won’t necessarily translate into huge profits

A bit like Venezuela, Greenland has vast resources but the costs of accessing them are steep. A US invasion would be more about geostrategic control than resource extraction. Luke Slothuus is a postdoctoral Research Fellow at the School of Global Studies in the University of Sussex. Cross-posted from The Conversation Picture by Connormah The US is sabre-rattling over Greenland once again. The vast island’s natural resources are back on the agend…

Why Greenland’s Mineral Wealth May Not Deliver the Economic Boom Many Expect

Greenland’s vast natural resources have once again drawn global attention, with the US, the European Union, and China all watching the Arctic island closely. On paper, Greenland looks like a treasure chest: it holds at least 25 of the 34 raw materials the EU considers critical, along with offshore oil and gas reserves spread across its eastern and western coasts. But abundance does not automatically mean wealth. In reality, Greenland’s natural r…