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Shares of Greenland-linked U.S. firms surge after U.S.-Denmark-Greenland Arctic security pact.

Market News
21 Sep 2026, 11:47 WIB
CNBC
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Bullish
Shares of Greenland-linked U.S. firms surge after U.S.-Denmark-Greenland Arctic security pact.

Shares of U.S.-listed companies connected to Greenland, including Greenland Energy, Greenland Mines, and Critical Metals Corp, surged significantly following a new security agreement between the U.S., Denmark, and Greenland. The pact aims to expand the U.S. military presence in Greenland to prevent adversaries from establishing bases in the Arctic territory. This deal, expected to be signed at the upcoming United Nations General Assembly, highlights Greenland's strategic importance amid previous U.S. interest in the region. The development could impact geopolitical dynamics and investment interest in Arctic resources.

The U.S.-listed Greenland stocks and related companies are the subject, with Pluang's Basic Materials sector data providing market context. As of Sep 21, 2026 15:41 WIB, 20 of 34 priced Basic Materials-sector US stocks on Pluang rose while 10 fell. Notable prices include ArcelorMittal SA at USD 73.22 with a 0.94% increase, Rio Tinto (ADR) at USD 98.27 up 0.92%, and Vale SA at USD 14.33 rising 0.84%.

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