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Posted on 09/20/2026 2:57:00 AM PDT by Libloather
President Trump’s new Greenland security deal comes just 17 days after a US-based company quietly closed a deal to purchase a Greenland mining company that would produce more than a third of the world’s rare earth magnet supply outside of China.
On Sept. 1, Greenland Mines, a NASDAQ listed US-aligned firm headquartered in North Carolina, closed a deal for the Sarfartoq Rare Earths Project in southwest Greenland.
The company announced that it planned to produce NdPr oxide – a compound of neodymium and praseodymium used in the manufacturing of magnets for EVs and wind turbines, as well as defense capabilities.
It said it planned to produce about one-third of the amount refined globally outside of China, as the US and other world powers position for access to vital rare earth minerals.
The company says the project has an estimated value of $2.05 billion.
The preliminary acquisition of the Sarfartoq Rare Earths Project was first announced in May when it was valued at $35 million, and points to new potential economic ties between the US and Greenland.
President Trump, in his Friday night statement, announced that the US, Denmark, and Greenland have entered into an agreement “that gives the United States permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many US concerns.”
“From now on, no US adversary can EVER have a base in Greenland, have a military presence in Greenland, or make sensitive investments in Greenland, without our express written approval,” Trump posted on Truth Social.
The three governments are expected to sign the agreement next week at the United Nations General Assembly in New York.
(Excerpt) Read more at nypost.com ...
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So Trump got exactly what he wanted.
Lucky Trump strikes again.
I read a moderately long article about Danish leaders mocking the agreement because all that Trump noise and effort for what amounts to the same old status quo agreement, there were still no details on the actual agreement but near the end the anti-Trump Dane politician said that it did give us permanent rights to our military occupation and removed it from depending if NATO existed or not, well that is HUGE, also through the mocking tone, if you read between the lines it seemed to concede that Russia, China and others are kept out, forever, in other words HUGE.
I think we are going to like this a lot when the details emerge.
They LAUGHED at Trump.....who’s laughing now??
In other words, exactly what Trump always said America *needed* before he went into deal mode and demanded ten times more before ‘conceding’ to his original goals and letting Greenland and the Danish government pretend to save face while getting exactly what America needs.
Lucky Trump? Lucky America.
I love your tagline. But if it were only true they were only sacrificing to convenience - sadly, they are sacrificing to far more than that.
No chicom biolabs on Greenland.
—
Just Chinese mining consortiums that have been there for decades.
Producing rare earths is one thing, refining them is another very messy job, with lots of pollution, which is why China leads, since they have no real regulations on refining.
You really think a company would invest in this if it wasn’t feasible. Think please!!!
That’s the media doing their usual “anti Trump” article.
This is the greatest surrender by Denmark since the Battle of Copenhagen in 1801. If needed, a few years from now, when US military and economic power dominate Greenland, Demark can be squeezed to give up the last shred of sovereignty over the island.
One of the main battles where Admiral Nelson made his reputation. Was awarded a very nice silver set by Lloyd’s for Copenhagen and the Nile, which they re-acquired after his death at Trafalgar, and is on display on the floor at Lloyd’s.
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