**US company seizes Greenland’s rare earths with Wall Street deals**

In April, a U.S. company called Critical Metals took control of a major rare earth deposit in Greenland through a series of financial moves. The deal highlights how American financial markets can draw in global strategic assets, according to Le Monde columnist Isabelle Chaperon. The acquisition did not require military force—only Wall Street transactions. Rare earths are a group of 17 metals essential for making high-tech products, such as smartphones, electric vehicle batteries, and military equipment. The deposit in Greenland is one of the largest known sources outside China. The takeover shows the power of U.S. finance to secure critical resources without direct government intervention. The transaction involved a series of stock swaps and debt deals. These moves allowed Critical Metals to gain ownership of the deposit, which was previously controlled by an Australian mining company. Neither the U.S. military nor government agencies played a role in the transfer. Critics warn that such financial tactics may concentrate control of vital resources in the hands of a few private companies. Supporters say it proves the efficiency of open markets in securing supply chains for Western economies.