The island’s rare earth minerals and plum Arctic position have turned it into a geopolitical hotspot and the object of American fantasies.

COPENHAGEN (Reuters) -Greenland Prime Minister Mute Egede said on Friday he was ready to speak with U.S. President-elect Donald Trump, who has said he wants control over the Arctic island, and urged respect for the island's independence aspirations.

The incoming U.S. president has reiterated his desire to acquire the strategically important Arctic island of Greenland but his loud bid may not only be about security.