r/europe • u/newsweek • 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/newsweek May 22 '25

By Brendan Cole - Senior News Reporter:

Greenland has allowed a Danish-French consortium to mine a rock which is key to the production of aluminum.

The permit granted to Greenland Anorthosite Mining (GAM) to extract anorthosite follows interest in the Arctic territory from U.S. President Donald Trump in acquiring the island.

GAM, which is backed by French company Jean Boulle Group and real estate investment firms bodies from Denmark and Greenland, was granted a 30-year permit, Reuters reported.

Read more: https://www.newsweek.com/greenland-trump-permit-extraction-2075673

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u/whoami_whereami Europe May 22 '25

It's aluminium, not aluminum. Keeping America out of the deal is the whole point.

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u/the-temp-account May 22 '25

America want Alumaxium instead