Greenland, the world’s largest island, is attracting severe world consideration. It lies between the Arctic and Atlantic Oceans which makes it strategically essential. In 2019, President Donald Trump made waves by suggesting that the U.S. buy Greenland. Though his proposal was rejected by each Greenlandic and Danish leaders, it highlighted the rising worldwide curiosity within the icy island.
Nevertheless, historical past appears to be repeating itself, as Trump has as soon as once more expressed a powerful curiosity in buying Greenland throughout his second tenure.
Why Trump Needs to Purchase Greenland?
The concept of the U.S. shopping for Greenland stemmed from its advantageous location within the Arctic. As local weather change melts ice, new transport routes are opening, making Greenland an much more helpful asset.
Past its geographical significance, the island is wealthy in untapped sources comparable to uncommon earth metals, oil, gasoline, and minerals—vital for industries like know-how and protection. With its huge mineral wealth, navy significance, and new alternatives introduced by local weather change, Greenland is quickly changing into an thrilling and engaging place for funding, significantly within the mining sector.
Moreover, securing entry to Greenland’s sources might cut back U.S. reliance on imports from international locations like China.
High 3 Greenland Shares to Watch in 2025
Although Trump’s plan didn’t transfer ahead, it highlighted Greenland’s rising geopolitical significance and opened doorways for investments, particularly in its mining business. In this text, we’ll spotlight three corporations to observe in Greenland’s booming mining business as 2025 unfolds.
1. Amaroq Minerals: Sustainable Development in Gold Exploration
Amaroq Mineralsbased in 2017, offers sustainable mineral options to fulfill world vitality calls for. Specializing in gold exploration, the corporate is actively exploring Greenland’s huge mineral sources. It holds a formidable license portfolio masking 6,072.5 km² in South Greenland.
As of January 2025, Amaroq’s market capitalization stands at round CAD 827 million. This displays a outstanding progress of over 200% prior to now yr. The corporate’s latest accomplishments embrace discovering high-grade gold at its Eagle’s Nest Exploration Undertaking and beginning manufacturing on the Nalunaq Mine, one among Greenland’s oldest and richest gold deposits.
Shifting on, Amaroq goals to reduce its environmental influence. The corporate focuses on accountable useful resource administration and conserving biodiversity. By committing to sustainable mining practices, it performs a big position within the world vitality transition.
2. Important Metals: Capitalizing on Uncommon Earth Components
Important Metals Corp is a pioneer within the mining of uncommon earth parts and important minerals. The corporate focuses on recycling industrial by-products, together with lithium batteries, to extract helpful metals for the vitality transition. This strategy helps the European lithium battery provide chain and promotes a round financial system.
One among Critical Metals’ most vital initiatives is the Tanbreez Uncommon Earth Mine in Southern Greenland. The mine holds a number of the world’s highest-grade uncommon earth parts, together with gallium, a steel used within the electronics and renewable energy industries. Important Metals has been making strides in advancing sustainable mining processes, together with partnerships to enhance the restoration of those vital supplies.
As of January 2025, Important Metals has seen an amazing surge in its market cap, reaching roughly $670.63 million—a staggering improve of over 550% from the earlier yr. The corporate’s progress reveals investor belief in its capability to supply key metals for Europe’s electrification and vitality storage wants.
3. Greenland Sources: Exploring Molybdenum
Greenland Sources Inc. is advancing the Malmbjerg Molybdenum Undertaking in jap Greenland. This world-class deposit of molybdenum, with copper close by, is important for a number of industries, together with metal manufacturing and protection. As of January 2025, its market capitalization is roughly CAD 90.15 million, a 43.92% improve over the previous yr.
The company has made vital progress in acquiring the required environmental and social approvals for its challenge. The corporate can be working carefully with companions like Rasmussen World to safe funding from supranational organizations comparable to NATO’s Innovation Fund.
Molybdenum is vital for military defense and know-how, and Greenland Sources’ Malmbjerg Undertaking might provide as much as 25% of the EU’s molybdenum wants for many years. Speaking about sustainability, the corporate is utilizing wind and solar energy to provide vitality to the mine.
Different Gamers in Greenland’s Mining Panorama
Whereas these three corporations are the highest gamers, others are additionally exploring alternatives in Greenland’s mining sector. Brunswick Exploration Inc., for instance, is an early-stage enterprise targeted on lithium and different metals vital for renewable vitality. The corporate just lately utilized for extra licenses in Greenland following promising discoveries of spodumene, a key lithium-bearing mineral.
One other notable firm, Bluejay Mining plc, is advancing its Dundas Ilmenite Undertaking in Greenland. It’s a vital challenge for titanium, which is utilized in numerous industrial functions. Though latest updates have been restricted, Bluejay’s continued efforts present Greenland’s huge mining potential.
So “Greenland is NOT for Sale…”
Credible information and media have reported on Greenland’s Prime Minister, Múte B. Egede’s latest opinion about Greenlanders having no need to turn out to be a part of the U.S. Reuters reported that he stated in a written remark.
“Greenland is ours. We are not for sale and will never be for sale. We must not lose our long struggle for freedom.”
As stated earlier than, Greenlandic and Danish leaders rejected the concept of Greenland changing into a U.S. territory, however the dialogue highlighted the island’s rising geopolitical significance amid world energy shifts and local weather modifications.
Regardless of Trump’s previous feedback about doubtlessly utilizing power or financial strain to amass Greenland, Egede expressed willingness to strengthen cooperation with Washington. He acknowledged why Trump may discover the island interesting, given its strategic Arctic location.
Egede additional reaffirmed Greenland’s stance at a press convention with Danish Prime Minister Mette Frederiksen in Copenhagen, noting,
“Greenland is for the Greenlandic people. We do not want to be Danish, we do not want to be American. We want to be Greenlandic.”
If we see the brighter aspect, Greenland’s significance is barely rising. The island is changing into an much more engaging vacation spot for mining corporations seeking to safe helpful sources. With corporations like Amaroq Minerals, Important Metals, and Greenland Sources main the cost, 2025 is ready to be a transformative yr for Greenland’s mining sector.
