Shares of US-listed companies with exposure to Greenland surged Monday after the United States and Denmark reached a security agreement covering the Arctic territory.
Greenland Energy jumped more than 141% in premarket trading, while Greenland Mines rose nearly 70% and Critical Metals Corp gained more than 30%, according to the report.
The deal follows months of President Donald Trump pressing for greater US control of Greenland, which he has described as important to American national security. Trump said the US would have broad authority to protect Greenland and that Washington would begin developing a military presence there.
Key terms have not been released. Greenlandic and Danish officials said the arrangement would respect Greenland’s self-determination and Denmark’s sovereignty, according to the report.
Related Tweet:
GREENLAND DEAL: Trump secures agreement with Denmark giving the U.S. "permanent control" over Greenland's security — expanding America's Arctic military footprint while locking China and Russia out of the world's largest island.
— Fox News Politics (@foxnewspolitics) September 20, 2026
The deal, which still needs approval from Danish… pic.twitter.com/S6mcjsjY1k
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