Published 11 days ago • loading... • Updated 9 days ago

Greenland Signs Lucrative Minerals Deal with Europe in Blow to Trump

On May 21, 2025, Greenland granted a 30-year mining permit to a European consortium to extract anorthosite from the island.
This contract follows rising interest in Greenland's mineral potential and coincides with reduced public discussion by US President Trump about buying Greenland.
The consortium, backed by Greenlandic and Danish governments plus the Jean Boulle Group, plans to open the mine within five years as Greenland's third operational mine.
Anorthosite, a white rock mainly containing aluminium, has potential to replace bauxite in aluminium production and is considered more sustainable for fibreglass manufacture.
The contract may mark the start of increased European investment in Greenland’s largely untapped mineral resources, indicating long-term industrial and economic development.

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'This is just the beginning': Greenland shows Trump what rejection feels like, hands Europeans 30-year minerals deal instead

Could this be the first of many?

9 days ago

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The London Economic

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Greenland humiliates Trump by agreeing lucrative minerals deal with Europe

Greenland has signed a minerals deal with Europe in the wake of Donald Trump's insistence that the US should acquire the Arctic territory.

9 days ago·London, United Kingdom

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The Maritime Executive

Center

Greenland Approves European-Backed Mine in Remote Fjord

Greenland's government has issued a new mining lease to a French-Danish consortium for extracting anorthosite, a silicate mineral used for making...

10 days ago

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Euro Weekly News

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Greenland grants mining contract

Despite, or perhaps because of the avowed interest that Donald Trump has in Greenland, a new 30-year-permit to allow mining has been granted to a Danish Group with French connections. The decision that Greenland Anorthosite Mining (GAM) would be given rights to extract Anorthosite (a white rock composed mainly of aluminium, micro silica, and calcium) was announced on Wednesday, May 21. Source

10 days ago·Spain

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Newsweek

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Jingletree

Center

Greenland signs lucrative minerals deal with Europe in blow to Trump

The Arctic territory has issued a 30-year mining permit to a Danish-French consortium.

10 days ago·United States

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Digi 24

Center

Greenland Agrees to Landmine Exploitation of a Danish-French Group. USA Investments Are Late

Greenland has agreed to allow for 30 years of exploitation of a Danish-French mining group, which aims to extract a similar rock from NASA on Monday, which could offer a friendly alternative to the environment in production of...

11 days ago·Romania

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