Will the focus on Greenland attract international investors?
Marketplace All-in-One
Marketplace
4.5 • 1.4K Ratings
🗓️ 15 January 2026
⏱️ 8 minutes
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Summary
From the BBC World Service: Despite Wednesday’s inconclusive talks between the U.S., Denmark, and Greenland, investors are starting to examine how Greenland’s extensive mineral resources might be tapped. Currently, there are only two active mines on the island, but many investors think there is potential in Greenland for additional commercial projects. Then, thanks to the climbing popularity of Korean skincare, South Korea has surpassed the U.S. to become the world's second-largest cosmetics exporter after France,
Transcript
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| 0:00.0 | Will the focus on Greenland attract international investors? Live from the UK, this is the Marketplace |
| 0:06.4 | Morning Report from the BBC World Service. I'm William Lee Adams. Good morning. Frank but constructive. |
| 0:12.9 | That's how the Danish foreign minister described talks between the U.S., Denmark, and Greenland, |
| 0:17.2 | despite fundamental disagreement over the future of the Arctic Island. President Trump's interest centers around defense, and Greenland, despite fundamental disagreement over the future of the Arctic Island. |
| 0:25.6 | President Trump's interest centers around defense, and Greenland is also rich in natural resources like critical minerals. There are only two active mines on the entire island. |
| 0:30.9 | The Canadian company Amarok operates one of them, a gold mine, and it has licenses to explore |
| 0:36.2 | large parts of the territory. Amarok shares have |
| 0:39.2 | doubled in value since last summer. Its CEO, Elder Olison, is optimistic despite the current |
| 0:44.7 | dispute. The focus on Greenland ever since 2017, when Trump put the focus on country, it brought |
| 0:51.6 | the attention of investors all around the world for this huge resource |
| 0:55.2 | opportunity that is in country. Now, I don't think any in the market believes that there |
| 1:00.1 | won't be found a good solution to this discussion between U.S. Denmark and the allies in the |
| 1:05.9 | North Atlantic. And so therefore, I think the focus of investors is that there will be a lot more capital coming into country. |
| 1:12.5 | There will be a lot more investment focus because, as I said earlier, this is a resource base in this race for critical minerals and energy that needs to be developed to secure the Western world with critical minerals. |
| 1:24.1 | So how can the situation be resolved? |
| 1:26.9 | I think it's a cooperation and Gulloch has happened between Denmark and US now for more than 80 years. |
| 1:32.7 | And I should say Nordics and US. So these have been the strongest partners to protect the Atlantic, to protect the shipping route, to protect the resources there. |
| 1:40.7 | So I think we will see that relatively soon in the next coming weeks that there |
| 1:44.7 | will be an amenable agreement to all parties. I think it is vital to America that that is |
| 1:49.6 | secured for the long run. So they want some autonomy of that in relation to defense. But they also |
| 1:55.5 | want to develop the critical minerals there. Denmark wants exactly the same. I think Greenland |
| 2:00.2 | wants exactly the same. So I Greenland wants exactly the same. |
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