U.S. eyes Greenland’s resources As the U.S. already has near-unrestricted military access to Greenland under a 1951 agreement, there is no national security imperative to own the island, but the Trump administration covets its vast natural resources Undiscovered reserves* Oil (billion barrels) Natural gas (trillion cubic ft) Natural gas liquids (billion barrels) 0 0 0 *USGS estimates Arctic holds about 22% of world’s undiscovered oil and gas resource base GREENLAND (DENMARK) Banned in 2021: Fossil fuel exploration and extraction Uranium mining Pituffik Space Base (U.S.) Nuuk ATLANTIC OCEAN Jameson Land Basin Estimated 3.5 Bboe recoverable resources Arctic Circle West Greenland-East Canada 7.27 1.15 51.82 East Greenland Rift Third largest volume in Arctic 8.9 8.12 86.18 Mining operations KoBold Exploratory venture backed by Bill Gates, Jeff Bezos, Michael Bloomberg Lumina Feldspar Critical Metals Rare earths Amaroq Gold 400km 250 miles EU critical minerals list Total 34 25 found in Greenland Antimony Phosphorous Platinum Group Metals Phosphate rock Baryte Titanium Beryllium Scandium Niobium Vanadium Tantalum Strontium Silicon Nickel Lithium Helium Hafnium Graphite Flurospar Light rare earths Heavy rare earths Feldspar Copper Cobalt Tungsten Precious metals Precious gemstones Rare earth minerals Uranium Coal Others Sources: EIA, GEUS © GRAPHIC NEWS