President Trump is reportedly interested in buying Greenland but he will find that China has already staked a small claim
The U.S. President, Donald Trump, has reportedly suggested the purchase of Greenland from the Danish Government, but if that's correct he'll find that China has staked out a claim already, and in a commodity the U.S. needs, rare earths.
The Australian company invited Shenghe to invest after it struggled to generate significant support in its home base or in Europe or North America, partly because the original plan for Greenland Mineral's Kvanefjeld project was as a source of uranium.Over-supply and low prices saw Greenland switch focus from uranium to the rare earths in the same ore-body which is located in the south-west quarter of Greenland, at one of its closest points to the U.S.
Greenland Minerals said in its June quarter report that the latest work had confirmed Kavenefjeld as:"one of the most significant emerging rare earth projects globally with a large projected output of neodymium, praseodymium, dysprosium and terbium". But, as Greenland Minerals has been trying to find a way to develop its project it also conducted two important meetings that could have been a trigger for the reports that President Trump has suggested buying the island from Denmark.
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Trump and Greenland: Trump tweets edited photo of small village dominated by Trump high-risePresident Donald Trump told reporters Sunday that "we&39;re looking at" purchasing Greenland, but that "it&39;s not No. 1 on the burner." The government of the autonomous Danish territory said Friday that the strategically important island is "not for sale."
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Trump shared a meme promising he wouldn't put a Trump Tower on Greenland'I promise not to do this to Greenland,' President Donald Trump tweeted in a caption of an image with a golden Trump Tower.
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Trump cancels Denmark meeting over Greenland proposalWASHINGTON (AP) — President Donald Trump says an upcoming trip to Denmark is on hold because its prime minister isn't interested in selling Greenland to the U.S. Denmark owns Greenland....
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Trump just put off a meeting with Denmark because they won't talk about selling GreenlandPresident Donald Trump said on Twitter he was postponing a scheduled meeting with Denmark's prime minister because of her lack of interest in discussing the possible sale of Greenland.
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Trump delays Denmark meeting over Greenland proposalPres. Trump said on Twitter he's postponing an upcoming meeting with Denmark's prime minister because she's not interested in discussing proposed sale of Greenland to the U.S.
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