The emerging Greenland framework deal marks a clear shift from confrontation to negotiation. After weeks of tension, President Trump announced a preliminary agreement with NATO leadership that drops tariff threats and military rhetoric in favor of expanded U.S. access and cooperation. Treasury Secretary Scott Bessent described the deal as “much more fulsome for the United States” than past arrangements — signaling that this goes well beyond legacy defense access from the Cold War era.
‍

While details remain limited, the strategic logic is straightforward. Greenland sits atop one of the world’s richest untapped stores of critical minerals, with 25 of the EU’s 34 designated critical raw materials present, including rare earth elements, graphite, niobium, titanium, and uranium. For the Trump administration, the priority is twofold: secure supply chains for U.S. industry and defense, and block China and Russia from gaining a foothold in the Arctic. This fits squarely with the broader “America First” push to localize or ally-shore resource production critical to energy, AI, defense, and advanced manufacturing.
‍

Importantly, this is about access and influence, not formal ownership. Mining Greenland remains difficult — harsh climate, limited infrastructure, and high costs — but warming temperatures, new shipping routes, and U.S. financial backing (including prior Export-Import Bank support for mining projects) are slowly changing the economics.

‍

U.S.-Listed Rare Earth & Critical Minerals Stocks to Watch

‍

Rare Earths (REEs)
‍

• MP — MP Materials
• USAR — USA Rare Earth
• TMRC — Texas Mineral Resources
• CRML — Critical Metals Corp
  ‍

Multi-Critical / Strategic Metals
‍

• UAMY — United States Antimony
• NB — NioCorp Developments
• AREC — American Resources
• IPX — IperionX
  ‍

Graphite
‍

• NVX — Novonix
• NMG — Nouveau Monde Graphite
• WWR — Westwater Resources
  ‍

Uranium
‍

• LEU — Centrus Energy
• URG — Ur-Energy
• UEC — Uranium Energy Corp
• CCJ — Cameco
  ‍

Copper & Battery Metals (Downstream Beneficiaries)
‍

• TMQ — Trilogy Metals
• FCX — Freeport-McMoRan
• ALB — Albemarle
• LAC — Lithium Americas