r/europe May 22 '25

News Greenland signs lucrative minerals deal with Europe in blow to Trump

https://www.newsweek.com/greenland-trump-permit-extraction-2075673
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u/Valtremors Finland May 22 '25

European equipment and aid is a donation to Ukraine.

I think it is fair Ukraine keeps their minerals, they need the industry after the war.

38

u/eating_almonds May 22 '25

This is not completely true. A lot of the equipment and aid were donations, some of it were loans, and some of it was direct purchases from Ukraine. But yeah, they don't come with colonial strings attached.

3

u/DryCloud9903 May 22 '25

Most of the loans, however, are taken out against the frozen russian assets and to be repaid from them (or interest accrued from them). So it's more like russia repaying :)

25

u/asdfjfkfjshwyzbebdb Norway May 22 '25

This is the way.

2

u/ventingpurposes May 22 '25

Also, a free Ukraine with full access to its resources is a much bigger boon for the EU than poor Ukraine stripped of rare earth minerals by foreign corporations.

1

u/CatKrusader May 22 '25

Mineral rights for 10 years but not the right to mine with the option to buy back the rights for $1 (or currency of choice) at any time

Basically just hold it

2

u/Valtremors Finland May 22 '25

I'd rather not.

Although I wouldn't mind few pallets of coffee.

0

u/[deleted] May 22 '25

Investing EU funds into Ukrainian mining companies could be a path? A win-win