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Greenland Signs Lucrative Minerals Deal with Europe in Blow to Trump

FreeinChrist

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Greenland has allowed a Danish-French consortium to mine a rock which is key to the production of aluminum....​

What To Know​

Greenland Anorthosite Mining (GAM) was granted permission to extract anorthosite, a white rock composed mainly of aluminum, micro silica, and calcium. The firm plans to ship crushed anorthosite from the west of Greenland for use by the fiberglass industry.​
In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.​
Why France/Denmark? One reason is pointed out by Adam Mockler in is Substack:
After years of trying to intimidate Greenland into a mining deal (remember the “I want to buy Greenland” stunt?), the country has finally signed a 30-year minerals agreement. But not with the United States. They signed with a French firm.​
Why? Because the French didn’t come in like imperial clowns. They came in with a strategy. A real one. They did the boring but essential work: drafting a detailed proposal, following Greenland’s laws, and treating the process with respect. They didn’t posture for the cameras. They negotiated.​


Diplomacy can be way more effective than bullying and insulting.
 

BCP1928

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Greenland has allowed a Danish-French consortium to mine a rock which is key to the production of aluminum....​

What To Know​

Greenland Anorthosite Mining (GAM) was granted permission to extract anorthosite, a white rock composed mainly of aluminum, micro silica, and calcium. The firm plans to ship crushed anorthosite from the west of Greenland for use by the fiberglass industry.​
In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.​
Why France/Denmark? One reason is pointed out by Adam Mockler in is Substack:
After years of trying to intimidate Greenland into a mining deal (remember the “I want to buy Greenland” stunt?), the country has finally signed a 30-year minerals agreement. But not with the United States. They signed with a French firm.​
Why? Because the French didn’t come in like imperial clowns. They came in with a strategy. A real one. They did the boring but essential work: drafting a detailed proposal, following Greenland’s laws, and treating the process with respect. They didn’t posture for the cameras. They negotiated.​


Diplomacy can be way more effective than bullying and insulting.
Nah, they just went about it like grownups.
 
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Oompa Loompa

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After years of trying to intimidate Greenland into a mining deal (remember the “I want to buy Greenland” stunt?),
After years? By whom? I dont recall Trump having any talks with Greenland during his first term and his second term hasn't even been a year?
 
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Oompa Loompa

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This is good news. The world needs to unite against aggressive and intimidating countries like Russia, China, USA and North Korea.
I agree. Better that France gets it instead of 'Chi-Nah'.
 
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stevil

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After years? By whom? I dont recall Trump having any talks with Greenland during his first term and his second term hasn't even been a year?
This opinion seems either ignorant or delusional.

Did they not cover the Trump wanting to take over Greenland debacle in right wing media?
 
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Oompa Loompa

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This opinion seems either ignorant or delusional.

Did they not cover the Trump wanting to take over Greenland debacle in right wing media?
Are you referring to the opinion piece, or the questions that I am asking? Just for clarification.
 
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stevil

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Are you referring to the opinion piece, or the questions that I am asking? Just for clarification.
Your comment "I don't recall Trump having any talks with Greenland during his first term and his second term hasn't even been a year?"

There has been a lot of reports in the media of Trump wanting to buy Greenland both in his first term and in his second term.
 
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Bradskii

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I agree. Better that France gets it instead of 'Chi-Nah'.
Don't worry. You'll still get it. But after France digs it out of the ground and sells some to Canada, they'll use it to make aluminium and then, because you are 'struggling to maintain capacity of this critical metal in the face of high energy prices and outdated equipment' (Decline of U.S. Primary Aluminum Production and the Growth of Secondary Aluminum - Light Metal Age Magazine) you can buy it from them.

Oh, after paying the tariff, that is.
 
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essentialsaltes

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After years? By whom? I dont recall Trump having any talks with Greenland during his first term and his second term hasn't even been a year?
Not so much talks with Greenland, but talks with Denmark. Or non-talks after receiving a 'No'.

 
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Oompa Loompa

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Your comment "I don't recall Trump having any talks with Greenland during his first term and his second term hasn't even been a year?"

There has been a lot of reports in the media of Trump wanting to buy Greenland both in his first term and in his second term.
Can you provide any reports from his first term. I am looking but cannot find any. Genuinely.
 
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Bradskii

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FreeinChrist

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After years? By whom? I dont recall Trump having any talks with Greenland during his first term and his second term hasn't even been a year?
It wasn't hard to find:



I found those links easily via Wikipedia:

There are others. Trump just talked about buying it his first term, or selling Puerto Rico to buy Greenland. This time he is threatening annexation, though it is already part of Denmark.
 
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Richard T

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Greenland has allowed a Danish-French consortium to mine a rock which is key to the production of aluminum....​

What To Know​

Greenland Anorthosite Mining (GAM) was granted permission to extract anorthosite, a white rock composed mainly of aluminum, micro silica, and calcium. The firm plans to ship crushed anorthosite from the west of Greenland for use by the fiberglass industry.​
In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.​
Why France/Denmark? One reason is pointed out by Adam Mockler in is Substack:
After years of trying to intimidate Greenland into a mining deal (remember the “I want to buy Greenland” stunt?), the country has finally signed a 30-year minerals agreement. But not with the United States. They signed with a French firm.​
Why? Because the French didn’t come in like imperial clowns. They came in with a strategy. A real one. They did the boring but essential work: drafting a detailed proposal, following Greenland’s laws, and treating the process with respect. They didn’t posture for the cameras. They negotiated.​


Diplomacy can be way more effective than bullying and insulting.
Seems we could be more objective in how we describe political content.

Nations ink deals with private companies all the time. If Greenland became a state, (which I highly doubt) the rights would be transferred to the USA.
While my understanding of leases and development of mineral rights is non-professional there are some basics I can convey. The USA for instance, grants such rights and subsidies to foreign companies all the time. Even ones on USA soil. Here is one example."
The United States has backed an Australian lithium and a rare earths project with up to $786 million in debt funding as Western countries seek to build supply chains for critical minerals.
Australia’s American Rare Earths said on Tuesday it had received a letter of interest for a debt funding package of up to $456 million from the Export-Import Bank of the United States (EXIM) to support construction of the Cowboy State Mine area at its Halleck Creek project in Wyoming." https://www.mining.com/web/australi...ects-secure-up-to-786-million-in-us-funding/#

So even if Greenland becomes a state or territory, the US would allow foreign companies to develop minerals even then just as we allow foreign companies in Wyoming." This mineral wealth grant to this Western investment company is a win for the USA. Why because it provides development that creates allied wealth and resources. Sadly, the article uses this deal as a political tool. Trump too though uses mineral rights as a political tool. What it boils down to though is that governments typically grant most mining rights or leases to the highest bidder that is an ally. So congrats to GAM who will help produce more fiberglass.
 
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BeyondET

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Greenland has allowed a Danish-French consortium to mine a rock which is key to the production of aluminum....​

What To Know​

Greenland Anorthosite Mining (GAM) was granted permission to extract anorthosite, a white rock composed mainly of aluminum, micro silica, and calcium. The firm plans to ship crushed anorthosite from the west of Greenland for use by the fiberglass industry.​
In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.In announcing the 30-year permit, Greenland's Mineral Resources Minister Naaja Nathanielsen said the goal was to scale the project to become a climate-friendly alternative to bauxite in producing aluminum for aircraft, vehicles and defense.​
Why France/Denmark? One reason is pointed out by Adam Mockler in is Substack:
After years of trying to intimidate Greenland into a mining deal (remember the “I want to buy Greenland” stunt?), the country has finally signed a 30-year minerals agreement. But not with the United States. They signed with a French firm.​
Why? Because the French didn’t come in like imperial clowns. They came in with a strategy. A real one. They did the boring but essential work: drafting a detailed proposal, following Greenland’s laws, and treating the process with respect. They didn’t posture for the cameras. They negotiated.​


Diplomacy can be way more effective than bullying and insulting.
Why flip it around to French/Denmark. The article has it as Danish-French. And it's because the Danish already have control over the territory. Adam Mockler is playing Mockery.
 
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Aryeh Jay

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Why? He never has before.

One can hope that the most popular president ever with the highest turnout ever, and highest ratings ever, who won by the largest landslide ever would at least act like an adult.
 
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