Greenland's rare earths: 'What could not be seized by military force is being acquired via Wall Street'
- Posted on April 28, 2026
- By Le Monde
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- 1 min read
In brief
The strategic acquisition of Greenland's rare earth deposits by US-based Critical Metals in April highlights a significant geopolitical shift. Rather than military intervention, Washington leverages financial markets to secure critical minerals essential for technology and defense industries. This approach demonstrates how modern economic power consolidates global resources, raising concerns about resource sovereignty and the concentration of strategic assets in Western financial hands.
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Greenland's rare earths: 'What could not be seized by military force is being acquired via Wall Street'
COLUMN. Via a few financial moves, in April, Critical Metals, a US company, took control of a major rare earth deposit in Greenland. This proves the US financial markets' ability to draw in global assets, writes Le Monde columnist Isabelle Chaperon.
