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Investors Rush Into Greenland Mining and Infrastructure as Trump's Annexation Push Draws Global Capital

| NATO-US Tensions

Reporting on September 13, 2026 traced how President Trump's refusal to rule out 'military action' to acquire Greenland — after calling the territory a 'poorly run piece of ice' — has accelerated a competitive rush of foreign investment into the island's mineral wealth and Arctic infrastructure, even as the US and Denmark spar diplomatically over its status. US-based Greenland Energy, in a merger with UK-listed 80 Mile (valued around £61.5 million / $83 million) that controls the Jameson Land basin — estimated to hold up to $1 trillion in potential oil reserves across 2 million acres — is separately seeking to raise $100–200 million by end-2027 for aviation, shipping, data-center and tourism infrastructure; hedge fund manager Kenneth Griffin has taken a 9.3% stake. 80 Mile executive director Roderick McIllree said the investment surge 'absolutely comes as a function' of Trump's attention, arguing that when 'the CEO of America Inc.' shows interest in acquiring something, 'the investor community notices... and rushes to participate.' Saudi Arabia's Tariq Abdel Hadi Abdullah Al Qahtani & Brothers Company has separately partnered with Critical Metal Corp on rare-earth refining, and China's Shenghe Resources previously invested in the Kvanefjeld rare-earth project, though environmental objections have since stalled it — underscoring that Trump's pressure campaign has drawn in competing powers rather than deterring outside interest, even as the EU's newly announced €200 million partnership package (Sep 7) aims to keep Nuuk aligned with Brussels.

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Foreign investors rush into Greenland mining and infrastructure amid Trump's annexation push — Newsweek