On September 18, 2026, Trump announced on Truth Social that the U.S. has reached a permanent security agreement with Denmark and Greenland, granting the U.S. “permanent control” over Greenland’s security affairs, with no payment required by the U.S.
In response to this news, the overnight jump in $CRML.US surged by 34%, while its peers $GLND.US in the same sector rose 150%, and $GRML climbed 72%.
Under CRML, Tanbreez is one of the largest known deposits of heavy rare earths globally. The establishment of a permanent U.S. military and security presence in Greenland was interpreted by the market as significantly reducing the geopolitical risk of the Tanbreez project and substantially improving prospects for receiving U.S. government financing support.
By market capitalization, Greenland Energy and Greenland Mines are both under $100 million, while $CRML.US is close to $1 billion—making it a stock with a relatively high security buffer among Greenland Island concept plays.
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