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U.S. Eyes Greenland's Rich Resources Amid Exploration Ban

1/13/2026

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Story summary
  • The United States is renewing interest in Greenland's natural resources, focusing on critical minerals and fossil fuels.
  • Greenland holds significant reserves, including 25 of the European Union's 34 critical raw materials.
  • The Australian-American company Critical Metals has received approval for a rare earth minerals project.
  • The United States may invest in mining projects through the Export-Import Bank.
  • Greenland's government maintains a ban on fossil fuel exploration, complicating U.S. ambitions.