U.S. and UK Compete for Greenland's Critical Minerals Amid Trump Administration's Strategic Moves
TL;DR Summary
The US is considering converting a $50 million Defense Production Act grant into an equity stake in Critical Metals Corp to secure access to Greenland's large rare earth deposit, Tanbreez, as part of its strategy to reduce reliance on Chinese-controlled mineral supplies, with discussions ongoing and potential investments in other critical minerals projects.
- Washington Joins London In A Race For Greenland's Minerals Yahoo Finance
- Exclusive: Trump administration eyes stake in company developing Greenland rare earths mine Reuters
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- Trump is wielding the power of the state to back critical mineral companies. These are the possible next targets CNBC
- Trump Equity Stakes: Critical Metals Soars, But Lithium Americas Stock Is A Sell Investor's Business Daily
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