Greenland says it will turn to China if US and EU shun its mining sector

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I warned.

“We want to develop and diversify our business sector, and this requires investments from abroad,” Nathanelsen, Minister of Business and Mineral Resources at Greenland, told the Financial Times.

When I was asked about moving to China, she replied: “We want to cooperate with European and American partners. But if they don’t appear, I think we need to search elsewhere.”

The comments show Greenland’s desire to obtain Western assistance to expand its economy in mining and tourism, as United Airlines is scheduled to start flying from New York to the capital Nuk from next month.

Greenland is a home to great deposits that are somewhat impossible to reach minerals including gold and copper, located in a crucial, geopolitical region in the Arctic.

Nathanelsen said a current memorandum of understanding about mineral development with the United States – signed during the first presidency of Donald Trump – was approaching its end and that Greenland tried to no avail during the Biden administration to find out whether Washington wanted to renew it.

Trump has repeatedly insisted that the United States will take over Greenland, a semi -independent region in Denmark, which is likely to be by force.

“We have been hoping that the Trump administration would be more willing to engage in a dialogue with Greenland on the development of the metal sector. We got a little more than we asked, because we do not want to be Americans.”

Nathanelsen FT told that she had found Trump’s threats to control Greenland “unresolved and detence. Her comments confirm the growing anger that Greenlands feels in Trump’s aggressive approach to 57,000 islands.

Despite Trump’s speech, she said there was no great interest from China in mining deals – at the present time, there are only two Chinese mining companies in Greenland, but both are minority contributors to inactive projects. He speculated that Chinese investors may hinder because they do not want to “raise anything.”

Its comments come at a time when the country praised its first license under a new mining law for a French Danish Group to extract An Ornthosite, a metal used in the fiberglass industry.

The mining project of 150 million euros at Western Greenland aims to start construction as soon as next year, according to Claus Stoltenborg, CEO of Greenland Anorthosite Mining.

Supporters of the company include a pension box in Greenland, ArbejdeRnes Landskank, and Jean -Paul, a French mining group.

There is only from the operating mines, where gold and anthosti are produced, while production did not start with two other missionaries, receiving a mining license.

Nathanelsen said that the new four -party coalition government was “the first and above all committed to creating a development of Greenland and Greenlands” and preferred to work with “allies and similar partners in thinking.”

But she added that Greenland was “having difficulty finding our foot” in the changing nature of the Western alliance.

She said, “We are trying to find out that, how does the new global matter look like? In those conditions, Chinese investment is of course a problem, but to some extent, it is American.” “Because what is the purpose of [the US investments]? “

Nathanilsen added that the European Union was “suitable” for Greenland, as he had a few minerals he needed itself.