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Beau of The Fifth Column

Let's talk about Trump, Greenland, minerals, and deals....

Beau of The Fifth Column

Beau of The Fifth Column

Society & Culture

4.8965 Ratings

🗓️ 25 May 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Trump, Greenland, minerals, and deals....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about Trump,

0:08.2

Greenland, and mineral deals. Trump started talking about Greenland and the rhetoric caused issue

0:14.9

after issue, international incident after international incident, and a lot of bad feelings between allies.

0:22.6

Trump's interest in Greenland has a lot of parts, but probably second from the top is minerals,

0:29.6

only behind the strategic military importance of Greenland as the climate changes.

0:34.6

Well, Greenland signed a mineral deal to use Trump's language. It wasn't with the

0:40.9

U.S. A Danish and French mining group obtained a 30-year permit to extract anorthosite. What's that, right?

0:49.9

It's a white rock that has a whole lot of aluminum in it. The mining company plans to initially use the substance to feed the fiberglass industry.

0:59.4

It can make fiberglass a wee bit more sustainable.

1:03.1

But the long-term goal appears to be to use it as a replacement for bauxite in the production of aluminum.

1:10.7

The mine should be up and running in around five years. replacement for bauxite in the production of aluminum.

1:11.1

The mine should be up and running in around five years.

1:15.2

But one of the interesting things to come out of this is a comment from Greenland's

1:20.5

mineral resources minister.

1:24.5

Right now all the fuss has not resulted in increased appetite for investment directly in Greenland.

1:31.3

We have welcomed a number of investors, but we have not yet seen any concrete example of American funds being injected into Greenland's business community.

1:42.4

She then talked about how talks with American business delegations

1:46.6

have been going, and then she added, quote, there is no doubt that the dialogue with both the

1:53.6

EU and Denmark is going smoother. This is not only the result of the noise made by the U.S.

2:00.7

administration, but also the result of the noise made by the U.S. administration, but also the result

2:03.2

of several years of intensified cooperation. Looks like the EU's soft power obtained hard

2:11.0

minerals and concrete deals. Just saying. But there's probably something else at play. I doubt American businesses really

...

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