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Taken from CNBC’s Daily Open, our international markets newsletter — Subscribe today

U.S. President Donald Trump’s ambitions around Greenland are rapidly gaining concrete form — that is, evolving from rhetoric into action.

Mining company Amaroq told CNBC the White House has been having discussions with the firm over investing in its mining projects in Greenland. If it’s a purely business transaction, that might not be unwelcome: Aaja Chemnitz, the member of parliament representing Greenland in the Danish Parliament, and chair of the Greenland Committee, told CNBC that the island is “open for business.”

Being open for business, however, does not mean welcoming a takeover bid. “It’s been quite clear from the beginning that Greenland is not for sale and never will be,” Chemnitz said.