Trump admin reacts to Blow from Greenland-Europe minerals

The US is ready to expand its economic and security partnership with Greenland, the US National Security Council (NSC) told Newsweek. The explanation follows the Arctic island, which this week grants a Danish-French consortium a permit in order to reduce stones that is crucial for aluminum production.

Greenland, which is rich in minerals, oil and natural gas, is the focus of international attention since US President Donald Trump said he wanted to acquire the autonomous area that is part of the Denmark kingdom.

After the deal with Greenland Anorthoid Mining (GAM) announced the deal, the mineral resource minister of the island of Naaja Nathanielsen said Reuters that there were visits to US delegations. However, this limelight has not led to an American financial commitment to the Greenland business world.

Newsweek has contacted the Greenland government for a comment.

Why is it important

Greenland is autonomous, although part of the Denmark kingdom. The strategic and economic importance that is offered by its Arctic location was cited by Trump in his statements about the acquisition of the island.

The Greenland government said that it is not for sale and suggested the announcement of the deal to the anortosi pants of Reuters from Nathanielsen that the dialogue with European partners is better progressing than with the USA

What to know?

GAM, supported by the French investment company, the Jean Bulle Group and the state investment fund in Greenland and Denmark, has given a 30-year approval for the extraction of Anorthid near the QEQertarsuatsiaat fjord in the west of the island.

Anorthid is a white rock that mainly consists of aluminum, microcics and calcium. In the deal, it is used for the fiber optic industry, with long -term plans being a climate -friendly alternative to Bauxit in the production of aluminum, Reuters reported.

Nathanielsen said Reuters that the US business delegations had visited the island, but so far there has been no formal dialogue with the new US management or an increased interest in direct investments.

In response to a question of whether Trump still wanted to acquire Greenland and/or complete a deal about his resources, NSC spokeswoman Kylie Newbold said, said the NSC spokeswoman Newsweek In a statement that the president was still obliged to ensure Greenland's security, which in turn is of crucial importance for the national and economic security of the United States.

Newbold said that Trump respects the law of the Greenland people to determine their own future.

“The United States are ready to further expand our partnership with Greenland into economic, cultural and security problems,” added the e -mail declaration.

Jesper Willaing Time, extraordinary professor at Aalborg University in Denmark Newsweek In the past, Trump's interest in Greenland's resources is likely not to be the immediate development of mines, but rather long -term investment objects and secure the minerals in the future.

However, the Greenland legislation makes this approach difficult, since the mining licenses are only temporary and require costly activities at the locations to maintain the licenses.

In response to Trump's demands for the USA to take control of the autonomous Danish territory, the Greenland Prime Minister Jens-Frederik Nielsen said in April that the island cannot “be bought piece”.

Nielsen spoke together with Danish Prime Minister Mette Frederiksen in Copenhagen and said that Greenland and Denmark have to stand together in view of the “disrespectful” US rhetoric.

In an interview with the Kristen from NBC News broadcast on May 4th, the president refused to rule out violence to grow Greenland.

What people say

NSC spokeswoman Kylie Newbold: “The President is still obliged to ensure Greenland's security, which is of crucial importance for the national and economic security of US value.

“As the President said, he respects the right of the Greenland people to determine their own future, and the United States are ready to further expand our partnership with Greenland to economic, cultural and security problems.”

Greenland's mineral resource minister Naaja Nathanielsen said Reuters that “despite Trump's attention, the whole excitement did not lead to an increased appetite for investments directly in Greenland”.

What happens next

Trump said CNN on May 4: “We need Greenland very urgently … for international security”, although his next step is unclear.

In the meantime, GAM still has to search for investors to start building a step that many other projects have not reached before, although Nathanielsen expressed hope that it could be in operation within five years.