Greenland has the eighth-largest rare earth reserves in the world at 1.5 million metric tons, according to 2024 data from the U.S. Geological Survey.

BEIJING, Jan 21 (Reuters) - China rejected speculation on Wednesday that it would compete for influence in the West as a U.S. bid to take control of Greenland threatens to reshape the power dynamics of a decades-old transatlantic security alliance.

Greenland's reserves of rare earth minerals rank as the world's eighth largest and nearly equal those of the U.S., according to the U.S. Geological Survey.

President Trump has said that he would like to make a deal to acquire Greenland, a semiautonomous region of NATO ally Denmark, to prevent Russia or China from taking it over.

Kaja Kallas, the EU's High Representative for Foreign Affairs and Security Policy, has expressed regret that Europe and the US have entered into confrontation over US President Donald Trump's claims on Greenland,

In 2019, during his first term, U.S. President Donald Trump expressed a desire to buy Greenland, which has been a part of Denmark for some 300 years. Danes and Greenlanders quickly rebuffed the offer at the time.

Greenland's strategic location makes it a focal point if there were to be a nuclear conflict involving Russia, China and the United States

Denmark deploys additional troops to Greenland after President Donald Trump claims the island is not secure from Russia or China.