How much is Greenland worth?

S

signalmankenneth

Verified User
Greenland's estimated value, primarily based on its mineral resources, is approximately $2.7 trillion, excluding oil and gas. If oil and gas resources were included, the total could rise to around $4.4 trillion.

americanactionforum.org

Estimated Value of Greenland​

Greenland's worth can be assessed through its mineral resources and strategic importance. Here are the key estimates:

Mineral Resources Value​

Total Mineral and Energy Assets$4.4 trillion
Excluding Oil and Gas$2.7 trillion

Factors Influencing Value​

  • Mineral Reserves: Greenland is rich in natural resources, including rare earth elements, copper, and other minerals. The value of these resources significantly contributes to its overall worth.
  • Strategic Location: Greenland's position in the North Atlantic makes it vital for military and trade routes, especially with increasing interest from global powers like Russia and China.

Historical Context​

  • Previous U.S. offers to purchase Greenland included $5.5 million in 1868 and $100 million in 1946, which would be approximately $1.6 billion today when adjusted for inflation.
The current estimates reflect the potential economic value of Greenland's resources and its geopolitical significance, rather than a formal market price.

Bottom line, if Trump wants to buy Greenland, Demark should quote him a price of 14.2 trillion dollars, that's double the value?!!;)
 
There is also the matter of the Imperial Empire trying to save itself....a lot of the value of controlling Greenland is that it gains America a lot more control of the Arctic, which is important in harming Russia and China.....thus promoting US global domination.
 
signalmankenneth said:
Greenland's estimated value, primarily based on its mineral resources, is approximately $2.7 trillion, excluding oil and gas. If oil and gas resources were included, the total could rise to around $4.4 trillion.

americanactionforum.org

Estimated Value of Greenland​

Greenland's worth can be assessed through its mineral resources and strategic importance. Here are the key estimates:

Mineral Resources Value​

Total Mineral and Energy Assets$4.4 trillion
Excluding Oil and Gas$2.7 trillion

Factors Influencing Value​

  • Mineral Reserves: Greenland is rich in natural resources, including rare earth elements, copper, and other minerals. The value of these resources significantly contributes to its overall worth.
  • Strategic Location: Greenland's position in the North Atlantic makes it vital for military and trade routes, especially with increasing interest from global powers like Russia and China.

Historical Context​

  • Previous U.S. offers to purchase Greenland included $5.5 million in 1868 and $100 million in 1946, which would be approximately $1.6 billion today when adjusted for inflation.
The current estimates reflect the potential economic value of Greenland's resources and its geopolitical significance, rather than a formal market price.

Bottom line, if Trump wants to buy Greenland, Demark should quote him a price of 14.2 trillion dollars, that's double the value?!!;)
Click to expand...
Fuck you asshole. You supported the assassination of your president so, fuck you!
 
Hawkeye10 said:
There is also the matter of the Imperial Empire trying to save itself....a lot of the value of controlling Greenland is that it gains America a lot more control of the Arctic, which is important in harming Russia and China.....thus promoting US global domination.
Click to expand...

Stupid cunt, you won't get much sympathy by attempting to defend Russia and China.
 
Trumpys are so ignorant. The 1951 deal we have with them allows us to have military bases on Greenland There are provisions that allow us to establish and operate defense areas on Greenland. We are already there. They have welcomed us. Now we are being assholes, as Trump wants us to be.
 
Nordberg said:
Trumpys are so ignorant. The 1951 deal we have with them allows us to have military bases on Greenland There are provisions that allow us to establish and operate defense areas on Greenland. We are already there. They have welcomed us. Now we are being assholes, as Trump wants us to be.
Click to expand...
Its about dominance and submission.....this is sadism.
 
AI Overview



Greenland holds vast, largely untapped mineral resources ...
Currently, zero rare earth elements (REEs) are being actively mined in Greenland, despite having some of the world's largest known deposits, with the Kvanefjeld project being a major potential site; only anorthosite (for insulation) and some gold are being extracted, while large-scale REE mining faces political hurdles and technical challenges, with experts suggesting operations are years away.
Key Details:
  • No Active REE Mining: While significant reserves exist (estimated 1.5 million tonnes), no mines are currently producing rare earths like neodymium or dysprosium.
  • Only Other Mines Operating: The only currently operational mines extract anorthosite (for rock wool) and a smaller gold mine, not REEs.
  • Major Potential Projects: Projects like Kvanefjeld (Kujalleq) and Tanbreez hold vast REE potential but are stalled by political decisions and environmental concerns.
  • Future Outlook: Experts estimate large-scale REE mining could be 10-15 years away due to logistical, environmental, and political complexities, though interest from Western nations is high.
 
According to Rosing, the reason these resources remain untapped is that mining is often unprofitable. Furthermore, the U.S. lacks the technologies required to refine the raw materials. Almost all the minerals extracted from U.S. soil are sent to China for processing. Notably, the largest U.S. rare earth minerals mine, Mountain Pass in California, is co-owned by the Chinese government-owned firm Shenghe, which holds around 8% of its shares.

The issue lies not only in accessing the minerals but also in refining and sourcing them—transforming them into the magnets and batteries necessary for cars, computers, and more. Rosing told 60 Minutes that China primarily dominates this market, and acquiring Greenland will not alter that.

"You don't know if you can sell the product, and you also lack the capacity in either Europe or the US for processing metals and refining them into final products. Furthermore, even the products made from it are often manufactured in China anyway," explained Rosing.

www.cbsnews.com

Geologist warns prospect of a mineral bonanza in Greenland is a mirage

Geologist Minik Rosing refutes claims from the Trump administration about untapped mineral riches in Greenland. The U.S. should look closer to home to secure the future.
www.cbsnews.com www.cbsnews.com
 
Look how much of Greenland is in the Arctic Circle where summer temperature is between 37°F to 54°F. Not many zoomers will be applying for a job.

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