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U.S. and Danish officials lobbied the developer of Greenland's largest rare earths deposit last year not to sell its project to Chinese-linked firms, its CEO told Reuters, adding it has been in ...
Greenland Holdings Corp., Ltd. known as Greenland Group is a Chinese real estate developer.It was founded as a state-owned enterprise.As of 31 December 2016, the top 10 shareholders of the listed company owned a combined 88% shares, with some state-owned enterprises having invested in Greenland via private equity funds.
Inuit Ataqatigiit won the 2021 Greenlandic general election with an ecological platform opposing the deposit's development [38] and ending hydrocarbon and uranium exploration. [41] Because of the lack of infrastructure, all Greenland mining projects are greenfield land and investors need to build new roads, ports, and power plants. [42]
Greenland, a territory of Denmark, has seen an increasingly popular independence movement, according to Reuters. On Jan. 3, Greenland's Prime Minister Mute Egede expressed his desire to pursue ...
The U.S. used to have a bigger military presence in Greenland," he added, referring to when about 10,000 U.S. troops were stationed at a dozen bases scattered around Greenland's coast.
U.S. President-elect Donald Trump says he wants to make Greenland a part of the United States, renewing an interest first expressed in 2019 when he offered to buy the sprawling Arctic island from ...
The developers stated that it may take until 2035 until the project was completed. [3] In January 2018, Forest City sold most of its remaining stake to Greenland Holdings' American subsidiary, Greenland USA, although Forest City was to retain a 5% ownership stake in the development. [26]
Rep. Buddy Carter (R-Ga.) unveiled new legislation Monday to empower President Trump to enter negotiations to "purchase or otherwise acquire" Greenland and to rename the icy island "Red, White and ...