US EditionGreenland Rare Earths Mining Developer Sees Stock Spike Nearly 150% in January as Trump Annexation Rhetoric Triggers ‘Trepidation’
6 Articles
6 Articles
US President Donald Trump openly acknowledged that his country’s interest in Greenland is due to the existence of important rare earth and strategic mineral deposits hidden under the ice of Arctic territory. “We have realized that there are many rare earths and rare minerals under hundreds of meters of ice; that’s why Greenland has become a strategic territory for us,” Trump told political and business leaders gathered during his participation i…
Greenland rare earths mining developer sees stock spike nearly 150% in January as Trump annexation rhetoric triggers ‘trepidation’
President Donald Trump’s escalating rhetoric on seizing Greenland and reigniting a trade war with Europe is creating anxiety worldwide, but it’s also drawing attention to New York-based Critical Metals and its massive rare earths mining project near the southern tip of the world’s largest island.Critical Metals, which is developing the Tanbreez rare earths project, has seen its stock spike nearly 150% since the beginning of the year—and more tha…
US President Donald Trump added that exploiting Greenland's resources was not an easy matter.
US President Donald Trump said this Wednesday at the World Economic Forum in Davos that his interest in Greenland becoming part of the United States does not respond to the exploitation of rare lands, but to reasons of national and international security. The president defended that the island occupies a key strategic position between the United States, Russia and China, and called it a central interest for US defense, reviving a debate that mak…
Stocks Rebound as President Trump Eases Rhetoric on Greenland
The S&P 500 Index ($SPX ) (SPY ) today is up +0.57%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.632%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.45%. March E-mini S&P futures (ESH26 ) are up +0.62%, and March E-mini Nasdaq futures...
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