US and European mining companies need to hurry up and invest in Greenland, otherwise it will have to look elsewhere for help exploiting its minerals, including from China, a minister for the vast Arctic territory has warned.
“We want to develop our business sector and diversify it, and that requires investments from outside,’’ Naaja Nathanielsen, Greenland’s minister for business and mineral resources, told the Financial Times.
When asked about turning to China, she replied: ‘‘We do want to partner up with European and American partners. But if they don’t show up I think we need to look elsewhere.”
The comments demonstrate Greenland’s desire to get western help to expand its economy in mining and tourism, with United Airlines due to start flying from New York to the capital Nuuk from next month.
Greenland is home to large but fairly inaccessible deposits of minerals including gold and copper, and is located in a geopolitically crucial area in the Arctic.
Nathanielsen said a current memorandum of understanding on mineral development with the US — signed during Donald Trump’s first presidency — was coming to an end and that Greenland tried unsuccessfully during Joe Biden’s administration to see if Washington wanted to renew it.
Trump has repeatedly insisted that the US will take over Greenland, a semi-autonomous territory of Denmark, potentially by force.
“We sort of hoped that the Trump administration would be more willing to engage in dialogue with Greenland about the mineral sector development. We got a bit more than we asked for, because we have no wish to be American,” she added.
Nathanielsen told the FT that she found Trump’s threats to take control of Greenland “disrespectful and distasteful”. Her comments underscore the increasing anger felt by Greenlanders at Trump’s aggressive approach to the island of 57,000 people.
She said that despite Trump’s rhetoric, there was little interest from China in mining deals — right now there are only two Chinese mining companies in Greenland, but both are minority shareholders in inactive projects. She speculated that Chinese investors might be holding back because they don’t want “to provoke anything”.
Her comments come as the country hailed awarding its first licence under a new mining code to a Danish-French group to extract anorthosite, a mineral used in the fibreglass industry.
The €150mn mining project in Western Greenland aims to start construction as soon as next year, according to Claus Stoltenborg, chief executive of Greenland Anorthosite Mining.
The company’s backers include a Greenlandic state pension fund, Danish bank Arbejdernes Landsbank, and Jean Boulle, a French mining group.
Greenland has only two operating mines, producing gold and anorthosite, while production has not started at a further two mines that have received a mining licence.
Nathanielsen said the new four-party coalition government in Nuuk was ‘‘first and foremost committed to creating development for Greenland and Greenlanders” and would prefer to work with “allies and like-minded partners”.
But she added that Greenland was “having a difficult time finding our footing” in the changing nature of the western alliance.
“We are trying to figure out, what does the new world order look like? In those terms, Chinese investment is of course problematic, but so, to some extent, is American,” she said. “Because what are the purpose of [the US investments]?”
The EU is a “good fit” for Greenland as it had few of the minerals it needs itself, Nathanielsen added, as well as being aligned on environmental metrics.
ptok_ on
It seem like Greenland really want that US military operation.
Dazzling_River9903 on
The EU just signed a mining deal with Greenland…what are they talking about!?
DK2500 on
No worries
EbolaaPancakes on
Greenland playing a very dangerous game there floating the idea of bringing China in …. While I wholeheartedly don’t support the US using any kind of force against Greenland, our current government seems a little obsessed and comments like these will make it worse.
Away_Advisor3460 on
This seems a bit odd, as she was the minister who banned uranium mining in 2021? (which saw Greenland sued for a massive amount of money by the US company that held the licence)
yabn5 on
Greenland… what are you doing? Leaning into Trump’s rhetoric that Greenland needs to be acquired to keep it out the hands of the Chinese would be disastrous.
UnoptimizedStudent on
Tell me you want a US intervention without telling me you want a US intervention…
Like did they miss the attention or what?
Shunning the US is one thing but the EU too now? Greenland on thin ice (literally and figuratively).
Filias9 on
Yeah, go China. It worked great for African people.
doxxingyourself on
Oh but in the last documentary they were poor victims of mining imperialism.
Pick a fucking lane.
morbihann on
Really ? And what do you think PRC will do ?
Mister-Psychology on
This is what it feels like for Denmark every day. Greenlandic politicians are saying such stuff daily. Always the same thing about needing more support, more money, more subsidy. If you think this was some error or someone misspeaking I can tell you it’s not. Even though they do retract statements someone else will make a new pro China statement soon. They’ll do this once every few months. Because they see this as the way to sustain their nation as they would collapse and go bankrupt without Denmark. So besides words they don’t really have much going for them industry wise. They have not been developing mines and it’s too expensive and risky anyhow with all the rules and regulations for Denmark and Greenland. This is what too much democracy does. It’s not like USA you need to sign a billion documents and then keep signing.
Greenland wants you to sorta feel confused and irritated. They’ll keep threaten USA. They really don’t care about how it looks as their goal is single-minded: more resources from Denmark and USA.
Tarqee224 on
From preventing a uranium mine at Kvanefjeld to threatening to cosy up to China if nobody invests in mining…. ermmm
PerformanceOk4962 on
This is just playing into trumps rhetoric of invading greenland, if he sees this he’ll have a field day with it on his LieSocial account, and will make his cultish supporters even more emboldened to support taking Greenland by force, US will not allow China to gain even an inch of foothold in Greenland, I know appeasement never works but unfortunately US is being run by a lunatic, and is very unpredictable, this is definitely giving trump the ammunition for his insane rhetoric on Greenland….
will_dormer on
The thing is that greenland is small.. Like a small city and you just can’t have so many media trained people… Her point is China and us investments can be problematik and she wants the EU to step up now
gbroon on
US isn’t shunning it’s mining sector it’s thinking of gunning for it.
ahora-mismo on
this is one of the dumbest things they could have done
The title is misleading. In the interview she clearly states that they want to work with the US and EU (especially EU) but if their companies aren’t willing to they shall have to look elsewhere
RemnantOfSpotOn on
Oh yeah keep talking like that… Whats the worse thing that can happen
NoYou7979 on
Why shouldn’t Greenland have the right to trade and make deals with China. People here sounding awfully like Putin “if you dare to make deals with my enemy you’ll force me to invade you”
FunRepeats on
Well that’s one way of asking for a US invasion
Frequently_lucky on
Unless China can bend the laws of physics, it will face has same problem than the US or the EU: removing minerals from zones with little infrastructures, manpower, and hundreds of feet of snow tend to be uneconomical.
LukasJackson67 on
From what i have been reading here, that would be ok as the average European redditor would choose China over the USA any day of the week.
Am I correct?
ClarkyCat97 on
Ah yes, that’s a great way to discourage the USA from invading, say you’ll send all your minerals to China.
25 commenti
US and European mining companies need to hurry up and invest in Greenland, otherwise it will have to look elsewhere for help exploiting its minerals, including from China, a minister for the vast Arctic territory has warned.
“We want to develop our business sector and diversify it, and that requires investments from outside,’’ Naaja Nathanielsen, Greenland’s minister for business and mineral resources, told the Financial Times.
When asked about turning to China, she replied: ‘‘We do want to partner up with European and American partners. But if they don’t show up I think we need to look elsewhere.”
The comments demonstrate Greenland’s desire to get western help to expand its economy in mining and tourism, with United Airlines due to start flying from New York to the capital Nuuk from next month.
Greenland is home to large but fairly inaccessible deposits of minerals including gold and copper, and is located in a geopolitically crucial area in the Arctic.
Nathanielsen said a current memorandum of understanding on mineral development with the US — signed during Donald Trump’s first presidency — was coming to an end and that Greenland tried unsuccessfully during Joe Biden’s administration to see if Washington wanted to renew it.
Trump has repeatedly insisted that the US will take over Greenland, a semi-autonomous territory of Denmark, potentially by force.
“We sort of hoped that the Trump administration would be more willing to engage in dialogue with Greenland about the mineral sector development. We got a bit more than we asked for, because we have no wish to be American,” she added.
Nathanielsen told the FT that she found Trump’s threats to take control of Greenland “disrespectful and distasteful”. Her comments underscore the increasing anger felt by Greenlanders at Trump’s aggressive approach to the island of 57,000 people.
She said that despite Trump’s rhetoric, there was little interest from China in mining deals — right now there are only two Chinese mining companies in Greenland, but both are minority shareholders in inactive projects. She speculated that Chinese investors might be holding back because they don’t want “to provoke anything”.
Her comments come as the country hailed awarding its first licence under a new mining code to a Danish-French group to extract anorthosite, a mineral used in the fibreglass industry.
The €150mn mining project in Western Greenland aims to start construction as soon as next year, according to Claus Stoltenborg, chief executive of Greenland Anorthosite Mining.
The company’s backers include a Greenlandic state pension fund, Danish bank Arbejdernes Landsbank, and Jean Boulle, a French mining group.
Greenland has only two operating mines, producing gold and anorthosite, while production has not started at a further two mines that have received a mining licence.
Nathanielsen said the new four-party coalition government in Nuuk was ‘‘first and foremost committed to creating development for Greenland and Greenlanders” and would prefer to work with “allies and like-minded partners”.
But she added that Greenland was “having a difficult time finding our footing” in the changing nature of the western alliance.
“We are trying to figure out, what does the new world order look like? In those terms, Chinese investment is of course problematic, but so, to some extent, is American,” she said. “Because what are the purpose of [the US investments]?”
The EU is a “good fit” for Greenland as it had few of the minerals it needs itself, Nathanielsen added, as well as being aligned on environmental metrics.
It seem like Greenland really want that US military operation.
The EU just signed a mining deal with Greenland…what are they talking about!?
No worries
Greenland playing a very dangerous game there floating the idea of bringing China in …. While I wholeheartedly don’t support the US using any kind of force against Greenland, our current government seems a little obsessed and comments like these will make it worse.
This seems a bit odd, as she was the minister who banned uranium mining in 2021? (which saw Greenland sued for a massive amount of money by the US company that held the licence)
Greenland… what are you doing? Leaning into Trump’s rhetoric that Greenland needs to be acquired to keep it out the hands of the Chinese would be disastrous.
Tell me you want a US intervention without telling me you want a US intervention…
Like did they miss the attention or what?
Shunning the US is one thing but the EU too now? Greenland on thin ice (literally and figuratively).
Yeah, go China. It worked great for African people.
Oh but in the last documentary they were poor victims of mining imperialism.
Pick a fucking lane.
Really ? And what do you think PRC will do ?
This is what it feels like for Denmark every day. Greenlandic politicians are saying such stuff daily. Always the same thing about needing more support, more money, more subsidy. If you think this was some error or someone misspeaking I can tell you it’s not. Even though they do retract statements someone else will make a new pro China statement soon. They’ll do this once every few months. Because they see this as the way to sustain their nation as they would collapse and go bankrupt without Denmark. So besides words they don’t really have much going for them industry wise. They have not been developing mines and it’s too expensive and risky anyhow with all the rules and regulations for Denmark and Greenland. This is what too much democracy does. It’s not like USA you need to sign a billion documents and then keep signing.
Greenland wants you to sorta feel confused and irritated. They’ll keep threaten USA. They really don’t care about how it looks as their goal is single-minded: more resources from Denmark and USA.
From preventing a uranium mine at Kvanefjeld to threatening to cosy up to China if nobody invests in mining…. ermmm
This is just playing into trumps rhetoric of invading greenland, if he sees this he’ll have a field day with it on his LieSocial account, and will make his cultish supporters even more emboldened to support taking Greenland by force, US will not allow China to gain even an inch of foothold in Greenland, I know appeasement never works but unfortunately US is being run by a lunatic, and is very unpredictable, this is definitely giving trump the ammunition for his insane rhetoric on Greenland….
The thing is that greenland is small.. Like a small city and you just can’t have so many media trained people… Her point is China and us investments can be problematik and she wants the EU to step up now
US isn’t shunning it’s mining sector it’s thinking of gunning for it.
this is one of the dumbest things they could have done
Well played.
https://www.removepaywall.com/search?url=https://www.ft.com/content/3628fc11-8cb7-4e05-965c-4a820c396444?shareType=nongift
The title is misleading. In the interview she clearly states that they want to work with the US and EU (especially EU) but if their companies aren’t willing to they shall have to look elsewhere
Oh yeah keep talking like that… Whats the worse thing that can happen
Why shouldn’t Greenland have the right to trade and make deals with China. People here sounding awfully like Putin “if you dare to make deals with my enemy you’ll force me to invade you”
Well that’s one way of asking for a US invasion
Unless China can bend the laws of physics, it will face has same problem than the US or the EU: removing minerals from zones with little infrastructures, manpower, and hundreds of feet of snow tend to be uneconomical.
From what i have been reading here, that would be ok as the average European redditor would choose China over the USA any day of the week.
Am I correct?
Ah yes, that’s a great way to discourage the USA from invading, say you’ll send all your minerals to China.