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International Business Times
International Business Times
World

Minerals, Mines, Hydrocarbons: Greenland's Key But Limited Resources

A handout photo provided by the Amaroq minerals company on February 12, 2025 show aerial views of the Nalunaq gold mine in southern Greenland, one of the few mines in activity on Greenland. (Credit: AFP)

The vast autonomous Danish territory of Greenland, coveted by US President Donald Trump, is believed to hold untapped mineral and oil reserves, but on a global scale these amounts are modest and offer only minor potential for exploitation.

Greenland's rare earths are estimated at 36.1 billion tonnes by the Geological Survey of Denmark and Greenland (GEUS).

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