{"id":2346,"date":"2026-06-29T08:05:22","date_gmt":"2026-06-29T08:05:22","guid":{"rendered":"https:\/\/usmovingexpertss.com\/?p=2346"},"modified":"2026-06-29T08:05:22","modified_gmt":"2026-06-29T08:05:22","slug":"canada-backs-greenland-mine-producing-metal-crucial-to-defence-industries-2","status":"publish","type":"post","link":"https:\/\/usmovingexpertss.com\/?p=2346","title":{"rendered":"Canada backs Greenland mine producing metal crucial to defence industries"},"content":{"rendered":"<article><!-- --><!-- --><!-- WPS-5038 -- removed the script from WPS and added the placeholder for trinity player --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- --><!-- CONTENT --><!--[--><!--[--><\/p>\n<p>COPENHAGEN &#8211; Canada has given C$7 million ($4.93 million) in grants to a Greenland molybdenum mining project, a critical metal used in aerospace, energy and defence, Greenland Resources said on Monday.<\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=2344\">Europe could be a \u2018compelling story\u2019 J.P. Morgan says, lifts equity index targets<\/a><\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 Greenland Resources is developing the open-pit Malmbjerg mine in east Greenland, which holds deposits of molybdenum, classified as a critical mineral by both the European Union and the United States.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 The Canadian government has signed an agreement for the non-repayable contribution through Natural Resources Canada&#8217;s Critical Minerals Research, Development and Demonstration programme, the company said in a statement.<\/p>\n<p><!--]--><!--[--><\/p>\n<p>\u2022 Greenland Resources said Canada is the first G7 government to invest in mining in Greenland.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 Molybdenum is a silvery-white metal used primarily to strengthen steel and improve its resistance to heat and corrosion, making it critical for industrial applications such as defence and clean energy.<\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=2342\">Europe could be a \u2018compelling story\u2019 J.P. Morgan says, lifts equity index targets<\/a><\/p>\n<p><!--]--><!--[--><\/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><!-- --><!--]--><!--[--><\/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 Western interest in the Arctic island&#8217;s vast mineral resources.<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p>\u2022 Although rich in natural resources, Greenland&#8217;s mining industry has been slow to develop due to bureaucracy and lack of financing.<\/p>\n<p>Read more <a href=\"https:\/\/usmovingexpertss.com\/?p=2340\">Canada backs Greenland mine producing metal crucial to defence industries<\/a><\/p>\n<p><!--]--><!--[--><\/p>\n<p>($1 = 1.4194 Canadian dollars)<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p> (Reporting by Stine Jacobsen, editing by)<\/p>\n<p><!-- --><!--]--><!--[--><\/p>\n<p><i> Copyright Reuters or USA Today Network via Reuters Connect.<\/i><\/p>\n<p><!-- --><!--]--><!--]--><!-- --><!-- --><!-- --><!-- --><\/article>\n","protected":false},"excerpt":{"rendered":"<p>COPENHAGEN &#8211; Canada has given C$7 million ($4.93 million) in grants to a Greenland molybdenum mining project, a critical metal used in aerospace, energy and defence, Greenland Resources said on Monday.<\/p>\n","protected":false},"author":1,"featured_media":2345,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-2346","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-world"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Canada backs Greenland mine producing metal crucial to defence industries - US Moving Experts<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/usmovingexpertss.com\/?p=2346\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Canada backs Greenland mine producing metal crucial to defence industries - US Moving Experts\" \/>\n<meta property=\"og:description\" content=\"COPENHAGEN - Canada has given C$7 million ($4.93 million) in grants to a Greenland molybdenum mining project, a critical metal used in aerospace, energy and defence, Greenland Resources said on Monday.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/usmovingexpertss.com\/?p=2346\" \/>\n<meta property=\"og:site_name\" content=\"US Moving Experts\" \/>\n<meta property=\"article:published_time\" content=\"2026-06-29T08:05:22+00:00\" \/>\n<meta name=\"author\" content=\"admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346\"},\"author\":{\"name\":\"admin\",\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/#\\\/schema\\\/person\\\/d4595f9a47af262eb0de41137cae39b6\"},\"headline\":\"Canada backs Greenland mine producing metal crucial to defence industries\",\"datePublished\":\"2026-06-29T08:05:22+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346\"},\"wordCount\":281,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/usmovingexpertss.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/32004a5b469f4439640a7b6cd5488ff9.jpg\",\"articleSection\":[\"World\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346\",\"url\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346\",\"name\":\"Canada backs Greenland mine producing metal crucial to defence industries - US Moving Experts\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/usmovingexpertss.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/32004a5b469f4439640a7b6cd5488ff9.jpg\",\"datePublished\":\"2026-06-29T08:05:22+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/#\\\/schema\\\/person\\\/d4595f9a47af262eb0de41137cae39b6\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/usmovingexpertss.com\\\/?p=2346#primaryimage\",\"url\":\"https:\\\/\\\/usmovingexpertss.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/32004a5b469f4439640a7b6cd5488ff9.jpg\",\"contentUrl\":\"https:\\\/\\\/usmovingexpertss.com\\\/wp-content\\\/uploads\\\/2026\\\/06\\\/32004a5b469f4439640a7b6cd5488ff9.jpg\",\"width\":1200,\"height\":675,\"caption\":\"A block with the symbol, atomic number and mass number of Molybdenum (Mo) element in this illustration taken February 6, 2026. 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