{"id":1590,"date":"2026-07-01T19:52:26","date_gmt":"2026-07-01T19:52:26","guid":{"rendered":"https:\/\/www.europesays.com\/defence\/1590\/"},"modified":"2026-07-01T19:52:26","modified_gmt":"2026-07-01T19:52:26","slug":"canada-backs-greenland-mine-producing-metal-crucial-to-defence-industries-2","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/defence\/1590\/","title":{"rendered":"Canada Backs Greenland Mine Producing Metal Crucial to Defence Industries"},"content":{"rendered":"<p>COPENHAGEN, June 29 (Reuters) &#8211; Canada has \u2060given \u2060C$7 million ($4.93 million) in \u2060grants to a Greenland molybdenum mining project, \u200ba critical metal used in aerospace, energy and defence, \u200cGreenland Resources said on \u200cMonday.<\/p>\n<p>\u2022 Greenland Resources is developing the open-pit Malmbjerg \u2060mine \u2060in east Greenland, which holds deposits of molybdenum, classified \u200bas a critical mineral by both the European Union and the United States.<\/p>\n<p>\u2022 The Canadian government has signed an \u200bagreement for the non-repayable contribution through Natural Resources Canada&#8217;s Critical \u2060Minerals \u2060Research, Development and Demonstration \u2060programme, \u200bthe company said in a statement.<\/p>\n<p>\u2022 Greenland Resources said Canada \u200bis the \u2060first G7 government to invest in mining in Greenland.<\/p>\n<p>\u2022 Molybdenum is a silvery-white metal used primarily to strengthen steel and improve its resistance to heat and \u2060corrosion, making it critical for industrial applications such as defence \u2060and clean energy.<\/p>\n<p>\u2022 China, which accounts for around 40% of global molybdenum production, imposed export controls on the metal in early 2025, heightening Western concern about supply security.<\/p>\n<p>\u2022 Trump&#8217;s push to take control of Greenland has been rejected by Denmark and Greenland&#8217;s government but sparked a surge of \u2060Western interest in the Arctic island&#8217;s vast mineral resources.<\/p>\n<p>\u2022 Although rich in natural resources, Greenland&#8217;s mining industry has been slow to develop due to bureaucracy \u200band lack of financing.<\/p>\n<p>($1 = 1.4194 Canadian dollars)<\/p>\n<p>(Reporting \u200bby Stine Jacobsen, editing by)<\/p>\n<p>Copyright 2026 Thomson Reuters.<\/p>\n<p>Photos You Should See \u2013 June 2026<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.europesays.com\/defence\/wp-content\/uploads\/2026\/07\/june-26-pyss-u01.jpg\" alt=\"A woman's hand presses against a plastic sheet used to replace the shattered glass of a balcony door damaged in an Israeli strike in the southern port city of Tyre, Lebanon, Friday, June 19, 2026. (AP Photo\/Hassan Ammar)\" class=\"Image__PictureImage-sc-412cjc-1 bBgODV Image-sc-412cjc-2 SlideshowEmbed__Picture-fkpjfn-0 kQDDcT bUlaJL\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"COPENHAGEN, June 29 (Reuters) &#8211; Canada has \u2060given \u2060C$7 million ($4.93 million) in \u2060grants to a Greenland molybdenum&hellip;\n","protected":false},"author":2,"featured_media":1591,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[192,1077,14,1074,93,629,1073,1075,1076,1071,1072,224],"class_list":["post-1590","post","type-post","status-publish","format-standard","has-post-thumbnail","category-news","tag-canada","tag-collections-world","tag-defence-industry","tag-denmark","tag-europe","tag-finland","tag-greenland","tag-mining","tag-norway","tag-reuters","tag-sweden","tag-world-news"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/posts\/1590","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/comments?post=1590"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/posts\/1590\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/media\/1591"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/media?parent=1590"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/categories?post=1590"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/defence\/wp-json\/wp\/v2\/tags?post=1590"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}