Close Menu
The Politic ReviewThe Politic Review
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Trending

WATCH: Rep. Jasmine Crockett Says She “Never had a Concern About” Biden’s Mental Acuity, Says She’s Concerned About Trump’s Mental Acuity

July 11, 2025

Mahmoud Khalil Files $20 Million Complaint Against Trump Administration for ICE Detention

July 11, 2025

Livestock Trade with Mexico Halted over New World Screwworm Outbreak

July 11, 2025
Facebook X (Twitter) Instagram
  • Donald Trump
  • Kamala Harris
  • Elections 2024
  • Elon Musk
  • Israel War
  • Ukraine War
  • Policy
  • Immigration
Facebook X (Twitter) Instagram
The Politic ReviewThe Politic Review
Newsletter
Friday, July 11
  • Home
  • News
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
The Politic ReviewThe Politic Review
  • United States
  • World
  • Politics
  • Elections
  • Congress
  • Business
  • Economy
  • Money
  • Tech
Home»World»Greenland awards major mining contract to Danish-French firm
World

Greenland awards major mining contract to Danish-French firm

Press RoomBy Press RoomMay 24, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram

Under a 30-year license, the consortium will extract anorthosite, which is key to the production of aluminium

Greenland has granted a 30-year mining license to a Danish-French consortium seeking to extract a moon-like rock that could serve as a climate-friendly alternative in aluminum production.

The permit to extract anorthosite, awarded on Wednesday to Greenland Anorthosite Mining (GAM), comes in the wake of renewed global attention on the Arctic territory. US President Donald Trump has repeatedly expressed interest in purchasing the autonomous island, which remains part of the Kingdom of Denmark.

Anorthosite is a white rock primarily composed of aluminum, micro silica, and calcium. GAM intends to export crushed anorthosite for use in the fibreglass industry, positioning it as a more sustainable substitute for kaolin, the outlet said. The company is supported by the French investment firm Jean Boulle Group, along with state investment funds from both Greenland and Denmark.

Announcing the deal, Greenland’s Minister for Mineral Resources, Naaja Nathanielsen, said that the project’s objective is to scale up operations in order to offer a climate-friendly alternative to bauxite for producing aluminum—an essential material in the manufacturing of aircraft, vehicles, and defense equipment.

“My hope is that the mine will be operational in five years,” she told Reuters.

Despite the increased geopolitical attention, the minister noted that interest from the US had yet to materialize into actual investment in Greenland.

Trump has been talking about making Greenland part of the US and  has offered to buy the resource-rich Arctic territory from Copenhagen, but also warned that he could go as far as using force to bring it under Washington’s sovereignty.

Nathanielsen remarked that “all the fuss” surrounding proposals to purchase the island had not led to a greater appetite for direct investment. While Greenland had received visits from various investors, she pointed out that there had been “no concrete example of American funds being injected into Greenland’s business community” so far. However cooperation with EU partners, she noted, is progressing.

You can share this story on social media:

Follow RT on
RT

Read the full article here

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link

Related Articles

World

Mahmoud Khalil Files $20 Million Complaint Against Trump Administration for ICE Detention

July 11, 2025
World

Von der Leyen survives EU no-confidence vote

July 11, 2025
World

Netanyahu: TikTok Promotes ‘the Worst anti-American and anti-Israeli Propaganda’

July 11, 2025
World

Germany could develop nuclear weapons – IAEA

July 11, 2025
World

Netanyahu: Israel’s ‘Never Had Such a Friend’ as Trump

July 11, 2025
World

Trump to send $300 million worth of weapons to Ukraine – Reuters

July 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Mahmoud Khalil Files $20 Million Complaint Against Trump Administration for ICE Detention

July 11, 2025

Livestock Trade with Mexico Halted over New World Screwworm Outbreak

July 11, 2025

Von der Leyen survives EU no-confidence vote

July 11, 2025

Liberal Wingnut Kathy Griffin ONCE AGAIN Suggests Trump Did Not Win the 2024 Election Fair and Square (VIDEO)

July 11, 2025
Latest News

Netanyahu: TikTok Promotes ‘the Worst anti-American and anti-Israeli Propaganda’

July 11, 2025

Dem Rep. Ivey: We Could Drop Sanctuary Laws in Exchange for Avoiding Mass Raids, But ICE Should Get Warrants

July 11, 2025

Germany could develop nuclear weapons – IAEA

July 11, 2025

Subscribe to News

Get the latest politics news and updates directly to your inbox.

The Politic Review is your one-stop website for the latest politics news and updates, follow us now to get the news that matters to you.

Facebook X (Twitter) Instagram Pinterest YouTube
Latest Articles

WATCH: Rep. Jasmine Crockett Says She “Never had a Concern About” Biden’s Mental Acuity, Says She’s Concerned About Trump’s Mental Acuity

July 11, 2025

Mahmoud Khalil Files $20 Million Complaint Against Trump Administration for ICE Detention

July 11, 2025

Livestock Trade with Mexico Halted over New World Screwworm Outbreak

July 11, 2025

Subscribe to Updates

Get the latest politics news and updates directly to your inbox.

© 2025 Prices.com LLC. All Rights Reserved.
  • Privacy Policy
  • Terms of use
  • For Advertisers
  • Contact

Type above and press Enter to search. Press Esc to cancel.