Greenland may be covered in ice, but beneath its surface could be resources critical to the global economy — including rare earth minerals, nickel, copper, palladium, cobalt, oil and natural gas.The Arctic island’s location is just as valuable.Positioned between North America and Europe, Greenland sits along key military and shipping routes.As conflicts in Ukraine and Iran expose vulnerabilities in global energy and supply chains, the island has become increasingly important to the United States and other world powers.WHY TRUMP ZEROED IN ON GREENLAND, THE WORLD’S LARGEST ISLAND, MOSTLY COVERED IN ICE — IN 3 CHARTSA composite image shows President Donald Trump overlaid on a protest in Greenland.
Trump announced an agreement concerning U.S.security interests in Greenland, while Denmark and Greenland have emphasized that the deal preserves their sovereignty and territorial integrity.
(Sean Gallup/Getty Images; rtur Widak/Anadolu via Getty Images)Those factors help explain why President Donald Trump has spent years pushing for greater American control and influence in Greenland and why his administration recently reached a new security agreement with Denmark and Greenland.The deal, which Trump signed on the sidelines of the United Nations General Assembly, will expand the U.S.military presence on the island while keeping Greenland under Danish sovereignty.Here are three reasons Greenland has become one of the world’s most strategically important places.The United States is seeking to reduce its dependence on China and Russia for critical minerals used in electronics, batteries, energy infrastructure and defense technology."We don’t want to be dependent on China for our rare earth minerals, and we don’t want to be dependent on Russia for them either," Robert Price, CEO of Greenland Energy Company and president of USFM Corporation, told Fox News Digital.FLOURISH CHART EMBED HERE: 30309299Price’s USFM is exploring nickel, copper, palladium and cobalt dep...