Breakingviews - Greenland gambit takes nearshoring to absurd ends
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 13 2025
0mins
Source: Reuters
U.S. Interest in Greenland: President-elect Donald Trump has expressed intentions to acquire Greenland for its mineral resources, threatening Denmark with tariffs and potential force, which could destabilize supply chains for rare-earth elements amid rising tensions with China.
China's Dominance and U.S. Response: China controls a significant portion of the global rare-earth market and has recently imposed export restrictions, prompting the U.S. and allies to enhance support for domestic mining operations and seek cooperation with Greenland to reduce reliance on Chinese resources.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
