US Wants to Acquire Greenland for Strategic Control and Mineral Resources
ByAinvest
Tuesday, Jan 13, 2026 6:02 am ET1min read
PELI--
The US wants to acquire Greenland for strategic Arctic control and mineral resources, but it already has capabilities in the territory, which is part of Denmark. Greenland possesses rare earth element deposits and an estimated 13 billion barrels of oil, but extraction would be challenging. Denmark's national bank reported Greenland faces economic challenges, including a 2025 deficit.
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