Trump is fixated on Greenland — a vast Arctic island with massive resource potential
An aircraft alledgedly carrying US businessman Donald Trump Jr. arrives in Nuuk, Greenland on January 7, 2025.
Emil Stach | Afp | Getty Images
U.S. President-elect Donald Trump‘s pursuit to acquire Greenland could well be motivated by critical minerals, with mining executives and researchers describing the island’s massive resource potential as an “enormous opportunity.”
Trump’s years-long bid to take control of the world’s largest island has kicked into overdrive in recent weeks.
Ahead of his inauguration on Jan. 20, Trump said U.S. ownership of the autonomous Danish territory is an “absolute necessity” for purposes related to “national security and freedom throughout the world.”
Trump has since doubled down on those comments, refusing to rule out the use of military or economic force to make Greenland a part of the U.S.
Greenland’s Prime Minister Mute Egede has told Trump that the Arctic island is “not for sale” and urged the international community to respect the territory’s aspirations for independence. Alongside Danish Prime Minister Mette Frederiksen, Egede has also recently called for talks with Trump to resolve the situation.
Asked about Trump’s fixation on making Greenland a part of the U.S., the president-elect’s incoming national security advisor, Rep. Michael Waltz, R-Fla., was unequivocal.
“This is about critical minerals. This is about natural resources,” Waltz told Fox News in an interview on Jan. 9.
“This is about reintroducing America in the Western Hemisphere,” Waltz said. “You can call it Monroe Doctrine 2.0, but this is all part of the ‘America First‘ agenda.”
Greenland is going to become more and more topical; it is going to become more and more front and center because of the climate change discussion, the critical metals discussion and the geopolitical discussion.
Roderick McIllree
Executive director of 80 Mile
Critical minerals refer to a subset of materials considered essential to the energy transition. These minerals, which tend to have a high risk of supply chain disruption, include metals such as copper, lithium, nickel, cobalt and rare earth elements.
Critical minerals and rare earth elements are vital components in emerging green technologies, such as wind turbines and electric vehicles, energy storage technologies and national security applications.
China is the undisputed leader of the critical minerals supply chain, accounting for roughly 60% of the world’s production of rare earth minerals and materials. U.S. officials have previously warned that this poses a strategic challenge amid the pivot to low-carbon energy sources.
In this aerial view melting icebergs crowd the Ilulissat Icefjord on July 16, 2024 near Ilulissat, Greenland.
Sean Gallup | Getty Images News | Getty Images
Jakob Kløve Keiding, senior consultant at the Geological Survey of Denmark and Greenland (GEUS), said a 2023 survey of Greenland’s resource potential evaluated a total of 38 raw materials on the island, the vast majority of which have a relatively high or moderate potential.
These materials include the rare earth metals graphite, niobium, platinum group metals, molybdenum, tantalum and titanium.
“Overall, we can say that there is a huge potential for critical raw materials [in Greenland],” Keiding told CNBC via telephone.
“Many of these are of great importance for the EU economy and, of course, it is not limited to just Europe. Many of these are also on the list of American [critical raw materials],” he added.
‘Greenland is not for sale’
Aaja Chemnitz, a Greenland member of the Danish parliament from the Inuit Ataqatigiit party, described Trump’s comments about Greenland as “disrespectful” and reaffirmed the prime minister’s message by saying the territory is not for sale.
“I’m not concerned. I think that some people in Greenland are quite concerned, but I think it is important for us to say that Greenland is not for sale, never has been for sale [and] never will be for sale,” Chemnitz told CNBC’s Silvia Amaro on Monday.
Chemnitz said Greenlandic lawmakers would need to have “clear and very specific goals on how to collaborate with the U.S.”
Closer ties between Greenland and the U.S. moving forward, for instance, could help to facilitate investment in the island’s mining industry, she added.
“If we look at extraction, for example, of rare earths. This is something that we have been willing to do for a very long time. We’ve been looking for American investors, [but] we haven’t found them, so they are quite welcome,” Chemnitz said.
The U.S. military maintains a permanent presence in northwest Greenland at the Pituffik Space Base, formerly known as Thule Air Base.
‘A race for what’s left’
Roderick McIllree, executive director of U.K.-based mining company 80 Mile, said he’s been working in Greenland for just over 20 years on projects ranging from resource discovery to feasibility.
“I think that what we’re seeing in Greenland is really a race for what’s left,” McIllree told CNBC via video call.
“A lot of independent state surveys are pointing to Greenland and its natural shelf boundaries as potentially hosting 20% to 25% of the last remaining extractable resources on the planet. Now, if that’s right, that’s an enormous opportunity for Greenland.”
The Old Colonial Harbour of Nuuk, Greenland is pictured on August 30, 2024. Greenland, an icy land whose rugged landscapes are bewitching, wants to attract more tourists, a paradox for a territory that is particularly vulnerable to global warming and whose geographical isolation means that many people have to take planes to get there.
James Brooks | Afp | Getty Images
80 Mile currently has three projects it is actively developing in Greenland, including a large oil concession on the island’s east coast, a titanium project near Pituffik in the northwest and its Disko-Nuussuaq project in the southwest.
Underlining the resource potential in the territory, McIllree said the firm’s Disko project could be one of the largest occurrences of nickel and copper on the planet.
“Greenland is going to become more and more topical; it is going to become more and more front and center because of the climate change discussion, the critical metals discussion and the geopolitical discussion. And its proximity to the U.S. really kind of makes it a natural jurisdiction for significant U.S. investment,” McIllree said.
“If Greenland play their cards right, this will lead to their independence,” he added.
‘Significant strategic interest’
In March last year, European Commission President Ursula von der Leyen traveled to Nuuk, Greenland to inaugurate an EU office in the island’s capital.
The move, which came several months before Donald Trump Jnr.’s recent trip to the same city, was designed to firm up Europe’s presence in the territory as well as the broader Arctic region.
Von der Leyen announced two cooperation agreements totaling almost 94 million euros ($95.9 million) at the time, which she said would be used to invest in clean energy, critical raw materials and skills in Greenland.
(L-R) President of the European Commission Ursula von der Leyen, Greenlandic Prime Minister Mute B Egede and Danish Prime Minister Mette Frederiksen sign an agreement on the opening of the European Commission’s new office in Nuuk, Greenland, on March 15, 2024.
Leiff Josefsen | Afp | Getty Images
“I’m a geologist by background and I know that Greenland is very well endowed with natural resources,” Paul Lusty, head of battery raw materials research at Fastmarkets, told CNBC via video call.
“There has been a lot of interest in rare earths in Greenland, for example, and clearly, they can be of significant strategic interest to the U.S.,” Lusty said.
Royal Enfield’s eagerly anticipated electric motorcycles, unveiled late last year under the Flying Flea brand, are now confirmed to hit the market early next year. Eicher Motors Managing Director B. Govindarajan narrowed down the release window, confirming that the two models currently in testing, the FF-C6 and S6, will debut in the fourth quarter of the fiscal year 2026, corresponding to January through March 2026.
The announcement provides a clear timeline for eager e-motorcycling enthusiasts who have closely followed Royal Enfield’s pivot to electric mobility. Previously, the company had remained relatively tight-lipped about exact launch dates and even many of the upcoming bikes’ key specs, only hinting that the electric motorcycle project was progressing steadily.
The Flying Flea name is a historical nod, reviving memories of Royal Enfield’s lightweight motorcycle originally used during World War II for airborne operations. Just like its iconic namesake, the new Flying Flea electric motorcycles are expected to be compact, accessible, and user-friendly, aiming at urban commuters and younger riders seeking a blend of heritage styling with modern electric propulsion.
The FF-C6 and S6 represent two distinct offerings within Royal Enfield’s electric lineup, signaling an ambitious start for the company’s electrification strategy. While specific technical details remain scarce, previous hints suggest that the models will prioritize practicality, affordability, and moderate performance suited to daily commuting rather than high-end, performance-oriented segments.
However, with a dearth of solid specs regarding power, range, or pricing, it’s too soon to tell how warmly the bikes may be received during their upcoming launch.
This cautious yet clear step into electric mobility aligns with Royal Enfield’s traditional ethos of delivering approachable motorcycles that combine classic design with dependable performance.
The company, owned by Eicher Motors, has enjoyed success internationally over the last decade, particularly with models like the Classic 350, Meteor 350, and Himalayan, which have resonated strongly with both new and experienced riders. The Flying Flea line is likely destined for international markets as well, though may launch solely in India first as Royal Enfield works to ramp up production.
Royal Enfield’s venture into electric motorcycles also follows a strategic €50 million investment by Eicher Motors into Stark Future, a cutting-edge electric motorcycle startup based near Barcelona, which likely helped Royal Enfield’s technical team.
For example, at the Flying Flea brand’s worldwide unveiling at the Milan Motorcycle Show last year, one of the company’s driving prototypes was spotted using several Stark VARG powertrain components to complete a working model for demonstration.
With electric motorcycles rapidly gaining popularity worldwide due to their efficiency, lower maintenance costs, and environmental advantages, Royal Enfield’s entry into this market comes at an opportune time. The company’s robust global presence and dedicated fan base provide a solid foundation for launching these models successfully.
With the success of relatively smaller electric motorcycles compared to the struggles of larger sport bike e-motorcycle companies, the Flying Flea appears positioned for a more welcoming market.
Given Royal Enfield’s knack for delivering motorcycles with a blend of nostalgic aesthetics and modern functionality, expectations are high for the FF-C6 and S6 to carve out their own distinct niche in the electric two-wheeler market. For now though, fans are still eagerly awaiting more information and details regarding the performance and price of the upcoming electric two-wheelers.
FTC: We use income earning auto affiliate links. More.
![XPeng just teased its next-generation P7 sedan and it is SLEEK [Video]](https://i0.wp.com/electrek.co/wp-content/uploads/sites/3/2025/05/XPeng-P7-Gen-2-top.jpg?resize=1200,628&quality=82&strip=all&ssl=1)
It’s been less than a month since XPeng Motors began teasing a new camouflage sedan codenamed the E29. This morning (or this evening if you’re in China), XPeng unveiled the mystery sedan as its next-generation P7. This vast redesign of the Chinese automaker’s flagship BEV sedan is a bona fide stunner, and makes me wish I could drive one of my own in the US.
The P7 debuted at the Shanghai Auto Show in 2019 as XPeng’s first sedan and its second production model behind the now-discontinued G3 SUV. It was also the first XPeng model I ever drove during a trip to the Netherlands in 2022.
In its first two years of production, which began in 2020, XPeng built over 100,000 units of its flagship sedan, and the sport vehicle has remained a pillar in its global sales. Since its launch in China, we’ve seen XPeng deliver a 2023 refresh called the P7i and the P7+, complete with pure camera vision ADAS, which launched last fall as “the world’s first AI car.”
According to an internal letter sent out by XPeng founder, chairman, and CEO He Xiaopeng last December, the Chinese automaker has big plans for 2025 and beyond. It aims to become a globally recognized brand with a presence in over 60 countries by the end of the year.
The internal letter also stated XPeng’s plans to launch a new or facelifted model nearly every quarter in 2025. In Q1, we saw the debut of the G7 SUV, starting at an ultra-competitive price of around $34,000 in China. Since then, XPeng has been teasing another new model, codenamed “E29,” spotted driving around Guangzhou, where XPeng is headquartered, in camouflage last month.
Today, XPeng confirmed the E29 is not a bespoke model, but instead a completely new generation of the P7, dreamt up by Chief Designer Rafik Ferrag, who led the creation of the original 2020 model. Have a look:
XPeng shares first images of its stunning new P7 design
XPeng shared the initial images seen above alongside a brief press release outlining its exciting new design language as explained by its designer, Rafik Ferrag, who began teasing the new model on his own social media accounts earlier this week:
I’m very excited that the first official pictures and video are now visible to everyone. The original P7 was a milestone for XPENG and a turning point in China’s EV landscape. With this new generation, we set out to design a pure electric sports sedan that could amaze at every angle. This car is our dream—refined through countless iterations. In my eyes, the all-new XPENG P7 is a work of art, shaped with emotion and purpose.
The Chinese automaker explained that the new 5-seat P7 coupe reflects Ferrag’s “evolving design philosophy” and has been in development for the past five years. XPeng founder He Xiaopeng called it a “major upgrade” for the brand’s next leap in BEV technology, blending AI with luxury and the company’s new Turing Smart Driving system.
What specific technology the next-generation P7 holds remains unknown to the public at this time, but we were told more details will be revealed later. For now, we have our first official peek at this new futuristic model and a teaser video, which you can view below.
If the new P7 represents XPeng’s design language going forward, there should be many more exciting reveals in 2025 and beyond as the brand continues to expand into a globally recognized name.
FTC: We use income earning auto affiliate links. More.
-
Sports3 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports1 year agoStory injured on diving stop, exits Red Sox game
-
Sports2 years agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports4 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike
-
Business3 years agoBank of England’s extraordinary response to government policy is almost unthinkable | Ed Conway