Trump Administration Plans to Finance $120 Million Rare Earths Mining Project in Greenland

The last time I wrote about Greenland, the nation had elected independent-minded leaders to the top spots in its political system.

This was then followed by Vice President Vance’s trip with his wife to the Pituffik Space Base on the Arctic island to support the trips.

During an address during the visit, Vance unleashed some hard-hitting statements directed at our ally Denmark. Essentially, Vance took a diplomatic sledgehammer to Denmark’s treatment of Greenland, suggesting that Copenhagen has treated the island more like a neglected outpost than a strategic priority.

Vance did not sugar-coat his opinion of the obliviousness Denmark has had to the threats Russia and China pose in this region.

Given the recent spate of international conflicts (India vs Pakistan, Israel pummeling Iran), Greenland seems to have dropped out of the news. However, it has not been completely forgotten about by President Donald Trump.

The Trump administration is considering financing a $120 million rare earths mining project in the Arctic island nation through a loan from the U.S. Export-Import Bank (EXIM) to Critical Metals Corp, in what would be the administration’s first overseas investment in a mining venture. The project, known as the Tanbreez rare earths mine, is aimed at reducing U.S. reliance on China, which currently dominates the global rare earths market.

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Author: HP McLovincraft

Seeker of rabbit holes. Pessimist. Libertine. Contrarian. Your huckleberry. Possibly true tales of sanity-blasting horror also known as abject reality. Prepare yourself. Veteran of a thousand psychic wars. I have seen the fnords. Deplatformed on Tumblr and Twitter.

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