So, anyone who controls Greenland controls the Arctic region. Outside of Greenland, only China has a monopoly over the vast rare earth minerals. Japan is the only country that has managed to reduce its dependence on Chinese rare earth minerals from 90% to 50%. Recently, France, Germany, Italy, Spain, Britain and Denmark have issued a joint statement that only Denmark and Greenland could make decisions regarding Greenland. It is observed that a short while after he expressed interest in Greenland, some of the world’s wealthiest people made explicit investments in Greenland.

Source: The Hindu January 11, 2026 09:00 UTC