CRML, GLND, GRML Surge Overnight After Trump Unveils ‘Permanent’ US Security Deal For Greenland - Yahoo Finance
Shares of several Greenland-focused mining companies surged after President Trump announced a permanent security and investment pact with Greenland. The agreement grants the U.S. long-term basing rights and oversight of sensitive foreign investments on the island.
Why it matters
This deal represents a significant shift in Arctic geopolitics and creates new investment opportunities and risks for mining firms operating in the region.
Trump announced a no-expiry Greenland pact granting the U.S. permanent access, basing, and overflight rights.GRML completed its $35 million Sarfartoq acquisition and a 104.8-ton bulk-sampling program at Skaergaard.GLND proposed acquiring 80 Mile for £61.48 million, though Jameson Land drilling was delayed until winter 2027.Shares of Critical Metals (CRML), Greenland Energy (GLND) and Greenland Mines (GRML) surged overnight late Sunday after U.S. President Donald Trump unveiled a sweeping agreement granting the U.S. permanent security access to Greenland and greater authority over sensitive foreign investments.In overnight trading late Sunday, CRML surged 34%, GLND soared 150%, and GRML jumped 72%.Trump Announces Permanent US Access To GreenlandTrump said in a Truth Social post on Friday that the agreement with Denmark and Greenland gives Washington “permanent control over security, and all other needs” on the Arctic island. The U.S.
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