Matt Miller

45%.

And I wonder how you judge whether or not a company has a moat, what that moat would look like so that it can defend itself against AI disruption.

That was Greenland's prime minister on partnering with the U.S.

Denmark's prime minister is now flying to meet with him today to discuss the territory's future, which the U.S.

has a large interest in mining there.

Joining us now, Tony Sage, CEO and executive chairman of Critical Metals, the company just greenlit the start of construction for a storage and pilot facility in Greenland for its rare earth and critical minerals project.

Tony, thank you so much for joining.

What a week it's been for everybody, but I think it's fair to say that especially you have been attuned

to the news, just the back and forth in Greenland, whether the US would take it by force now, more of an agreement with military bases and a keen interest in minerals.

Does this change anything for critical metals?

Tony, this has been an American government that's increasingly getting involved in corporate America, in corporations, especially when it comes to metals and taking stakes.

For your more recent projects, have you had conversations with this government about doing just that?

Any financial commitments that they're hoping to achieve?

And Tony, just to kind of reiterate what we've been saying this whole time, and you've been saying that these minerals are highly important to the US, and Trump has emphasized that with not just Arctic security as being part of the framework he says exists for a Greenland deal, but also mineral rights included in that framework.

Tony, can you give us kind of the sober view of what wealth there is in Greenland when it comes to minerals, but not just that, but how difficult it is to get it out of the ground?

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