Tech investors sound out how a U.S. takeover of Greenland impacts minerals mining, CEO tells CNBC
Critical MetalsCritical Metals(US:CRML) CNBC·2026-01-12 15:04

Core Viewpoint - The U.S. interest in acquiring Greenland has raised questions among tech investors regarding the implications for critical and rare earth minerals mining in the region, highlighting both geopolitical tensions and commercial opportunities [1]. Group 1: Company Developments - Critical Metals Corp, which is developing a mining project in Greenland, has received inquiries from tech investors about the potential impact of U.S. acquisition on its asset and development strategy, with its stock rising 116% since the start of 2026 [2]. - The company is in the early stages of constructing a plant to extract heavy rare earth elements (HREE), essential for advanced technologies such as electric vehicles and AI infrastructure [3]. - The CEO of Critical Metals Corp noted that the heightened interest from investors was partly due to U.S. President Trump's comments about Greenland, attracting attention from backers associated with major U.S. tech firms [3]. Group 2: Industry Context - Amaroq, another mining company with projects in Greenland, is engaging with U.S. government entities regarding potential investment opportunities in the territory [4]. - The White House has indicated that it is actively discussing a potential offer to purchase Greenland, and military action has not been ruled out as a means to acquire the territory, coinciding with upcoming talks between U.S. Secretary of State Marco Rubio and Danish officials [4].

Critical Metals-Tech investors sound out how a U.S. takeover of Greenland impacts minerals mining, CEO tells CNBC - Reportify