A group of business figures with close ties to former President Donald Trump are advancing plans to develop rare-earth deposits in Greenland, aiming to lessen U.S. reliance on Chinese supplies critical to electric vehicles, wind turbines and defense technologies. The effort is being led by Scott Nolan, a politically connected chief executive who has courted federal backing to establish an integrated "mines-to-magnets" pipeline on the Arctic island. A Bloomberg report and podcast detail Nolan’s recent visit to prospective sites alongside a former Trump administration official, underscoring Washington’s renewed strategic interest in Greenland’s resources. If successful, the venture would give the United States a foothold in one of the few undeveloped rare-earth regions outside China, potentially reshaping global supply chains and reinforcing U.S. plans to secure critical minerals amid escalating trade tensions.