Published by Global Banking & Finance Review®
Posted on March 2, 2026
2 min readLast updated: April 2, 2026
Add as preferred source on GoogleInvestor interest in Greenland’s mining sector has surged since U.S. President Trump escalated efforts to assert control over the territory. Interest is particularly strong from the UK, Canada and EU, spurred by the island’s vast critical mineral resources and improved investment terms.
By Divya Rajagopal
TORONTO, March 2 (Reuters) - Investor interest in Greenland's mining industry has increased since U.S. President Donald Trump made repeated threats to annex the country, a senior Greenlandic official told Reuters on Monday.
The interest has come mainly from the UK, Canada and countries in the European Union, said Naaja H. Nathanielsen, Greenland's minister for business and mineral resources.
“On the investors' side, we did see an increase of interest in investments," she said.
Though Trump first expressed interest in buying Greenland years ago, the past two months have been "hectic," she said.
The Arctic island is an autonomous territory of Denmark that is strategically located and rich in minerals.
Trump stepped up his rhetoric about taking control of Greenland throughout 2025 and into this year. He said Denmark was incapable of protecting the territory from Chinese and Russian influence.
At this year's Prospectors and Developers Association of Canada mining conference in Toronto, which runs until Wednesday, Greenland brought a delegation of over 20 mining companies.
Benjamin Gallezot, France's interministerial delegate for ores and metals, said France was ready to take a minority equity stake in mining projects in Greenland to support their development.
Nathanielsen said Greenland was easing permitting and tax laws to encourage investments.
She disputed that Greenland faces a substantial risk from China, noting that only two Chinese companies hold mining licenses in the country and both of those are inactive.
“So that’s not a big success rate for Chinese investments," Nathanielsen said. She said that while China remains an important export partner for Greenland, she does not view the country as a threat.
(Divya Rajagopal in Toronto; Editing by Matthew Lewis)
Interest rose following threats by U.S. President Trump to annex Greenland, drawing attention to its mineral resources.
Investors from the UK, Canada, and European Union countries have shown the most interest.
Greenland is easing permitting and tax laws to create a more attractive investment environment.
No, only two Chinese companies currently hold inactive mining licenses, and China is not seen as a threat.
Greenland brought a delegation of over 20 mining companies to the Toronto conference to attract international investors.
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