US Energy Chief Downplays Interest in Greenland’s Rare Earths

robot
Abstract generation in progress

US Energy Chief Downplays Interest in Greenland’s Rare Earths

Mark Burton

Wed, February 18, 2026 at 8:38 PM GMT+9 2 min read

Photographer: Al Drago/Bloomberg

(Bloomberg) – The Trump administration’s primary interest in Greenland is on national security, not the development of its rare earths or energy resources, according to US Energy Secretary Chris Wright.

President Donald Trump has long sought to assert control over Greenland, and since his return to the White House his administration has been in talks about developing the country’s untapped mineral deposits. But those efforts are part of a secondary aim to boost economic opportunities for Greenlanders as the US looks to expand military presence on the island, Wright said on Tuesday.

Most Read from Bloomberg

A Tunnel to Transform Los Angeles
Mamdani Threatens NYC Property Tax Hike as Last-Resort Option

“We’ve got all sorts of places to mine rare earth metals and produce oil and gas,” he said at a conference in Paris hosted by the French Institute of International Relations. “It might make life better for Greenlanders; our interest is national security.”

Trump has made rare earths a focal point in his geopolitical agenda, as Washington looks to challenge China’s dominance as the world’s top supplier of dozens of critical minerals. The materials are key for a wide variety of applications — from smartphones to green technology to defense systems.

Early on in his second term, Trump sought mineral supply deals with Greenland and Ukraine to ease reliance on Chinese exports. But more recently the administration has focused less on mining and more on downstream processing of rare earths, which is widely seen as the key bottleneck in bringing alternative supplies online.

“Rare earth elements is a terrible name because they’re everywhere; they’re not rare at all,” Wright said. “There’s certainly far more attractive places to mine for rare earths.

Why Rare Earths Are China’s Trump Card in Trade War: QuickTake

Most Read from Bloomberg Businessweek

The Georgia Pastor Accused of Defrauding the VA of Nearly $24 Million
America’s Most Powerful CEOs Are Awfully Quiet Lately
Gen Alpha Can’t Be Ignored
Trump’s Foreign Adventures Will Cost Taxpayers Billions
Drug Cartels Are Shifting Their Money Laundering to Crypto. Cops Can’t Keep Up

©2026 Bloomberg L.P.

Terms and Privacy Policy

Privacy Dashboard

More Info

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin