NEWNow you can hearken to Fox Information articles!
Greenland hardly ever attracts world consideration. However as ice melts and nice powers inch nearer, the world’s largest island has develop into a strategic prize — one which caught President Donald Trump’s eye lengthy earlier than most Individuals had been paying consideration.
A semi-autonomous territory of Denmark, Greenland is house to a key U.S. navy base and has develop into more and more essential to world safety and commerce as melting ice opens new delivery lanes and entry to pure assets.
That shift underscores the intense geopolitical calculation behind Trump’s curiosity within the island’s location, navy worth and the quickly altering Arctic.
TRUMP’S PUSH TO ACQUIRE GREENLAND SPARKS INTERNATIONAL MEDIA FRENZY ON REMOTE ISLAND
Residents in Greenland, the biggest island on this planet, have expressed concern about President Donald Trump’s renewed curiosity in seizing the territory. (Julia Wäschenbach/image alliance/Getty Photographs)
Greenland is split into 5 municipalities, with most of its roughly 56,000 residents dwelling in small coastal cities, leaving the island’s huge inside largely uninhabited. Put one other method, Greenland has roughly one particular person for each 1,000 soccer fields of land.
Greenland’s sparse inhabitants is essentially a product of its geography. Roughly 80% of the island is roofed by an ice sheet shaped about 3 million years in the past, leaving huge areas of the territory uninhabitable.
Regardless of its small inhabitants, Greenland occupies a landmass similar to world powers. By land space, it ranks among the many world’s largest territories — a scale that has drawn consideration from nations corresponding to the US, Russia and China as competitors within the Arctic intensifies. It’s practically the dimensions of Alaska and Texas mixed.
Greenland’s location off Canada’s northeastern coast locations it on the coronary heart of Arctic protection planning. The U.S. has maintained a navy outpost in northwestern Greenland since 1953 on the Pituffik House Base, now operated by the U.S. House Drive.
Russia additionally maintains a number of navy installations within the area, whereas China has sought larger entry since declaring itself a “near-Arctic state” in 2018.
However geography isn’t the one purpose Greenland attracts world curiosity. Retreating Arctic ice is opening delivery lanes across the island that might considerably shorten commerce routes between North America, Europe and Asia, including an financial layer to its strategic significance.
The altering panorama has additionally drawn consideration to Greenland’s deposits of uncommon earth components and different important minerals important to fashionable expertise, renewable power and navy techniques.
TRUMP THREATENS TARIFFS ON COUNTRIES OPPOSING GREENLAND TAKEOVER PLANS
Uncommon earth components — a gaggle of 17 minerals — sit on the middle of recent economies and militaries. They permit electronics to be smaller, extra highly effective and extra environment friendly and are particularly essential in high-performance magnets utilized in electrical automobiles, wind generators, turbines and precision steering techniques.
Their significance is much more pronounced in protection, the place uncommon earths are utilized in missile steering, radar, sonar, satellites and superior plane. As a result of many of those functions don’t have any straightforward substitutes, entry to uncommon earths instantly impacts navy readiness and technological benefit.
The world’s largest uncommon earth deposits are present in China, Vietnam, Brazil, Russia, Australia, Greenland and the US. However China dominates the provision chain, accounting for roughly 60% of world mining and greater than 90% of processing capability.
The USA lacks a dependable, end-to-end provide chain for uncommon earths, leaving it depending on international sources.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
Because the U.S. and European Union search to cut back their reliance on China, Greenland has emerged as a possible counterweight to Beijing’s dominance and a focus within the competitors over important minerals.
Whether or not the Trump administration is ready to strike a deal to take over Greenland stays unclear. However as ice melts and competitors within the Arctic intensifies, the island’s strategic significance is simply more likely to develop.