Energy Transition Minerals (ASX:ETM) says the Greenlandic Government has declined an application by its subsidiary Greenland Minerals A/S to extend exploration licence 2010/02, which covers the Kvanefjeld rare earth project in southern Greenland, and the company is now reviewing the decision with legal advisers.
Critical Metals CEO Tony Sage joined Bloomberg Open Interest to explain why the real crisis in rare earths isn't mining, it's processing. With the US facing a dangerous shortfall in critical minerals used for defense and AI, Sage outlines how China's dominance, permitting delays, and limited refining capacity threaten national security, and how a global push is racing to fix it.
Danish Prime Minister Mette Frederiksen's party won a closely contested election, setting the stage for difficult coalition talks to secure a third term in power. The premier's Social Democrats emerged as the biggest party with 21.9% of the parliamentary vote after all ballots were preliminarily counted. The election was dominated by foreign and security policy in light of US President Donald Trump's designs for Greenland. Bloomberg's Sara Sjolin reports.
Deutsche Bank's global head of FX research George Saravelos, who wrote a report that became the subject of US ire, says the episode "really reaffirmed the importance of research independence." Last month, Saravelos warned US President Donald Trump's threats over Greenland may prompt Europe to become less willing to hold US assets. Days later, Treasury Secretary Scott Bessent said that the German bank's CEO had called to dismiss the report. Saravelos speaks on Bloomberg Television.
Donald Trump's threat to annex Greenland has intensified doubts about the integrity of NATO. We step back to take a closer look at the president's public justifications for the proposed US land grab.
