Investors Rush Into Greenland Mining and Infrastructure as Trump's Annexation Push Draws Global Capital
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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- T2 The National Major middle_eastern
- T2 Newsweek Major western