this post was submitted on 22 May 2025
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Greenland signs lucrative minerals deal with Europe in blow to Trump (www.newsweek.com)
submitted 20 hours ago by KingPorkChop@lemmy.ca to c/FuckTheUSA@lemmy.ca
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[–] KindnessIsPunk@lemmy.ca 2 points 14 hours ago

TL;DR:

Greenland struck a major minerals deal with a European consortium, sidelining Trump’s push to control the island’s resources. The 30-year permit for Greenland Anorthosite Mining (GAM) to extract aluminum-rich anorthosite signals stronger EU-Denmark cooperation.

Greenland’s minister stated that European partners move faster, and U.S. delegations have yet to translate rhetoric into action. Greenland’s strict mining laws prevent land grabs and idle speculation blocking Trump’s preferred playbook of securing long-term rights without immediate development.