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Europe's Rare Earth Dependency Dilemma


Solar panels. Wind turbines. Electric vehicle batteries and motors. These are just four of the things that need one or more of a group of minerals known as
rare earths. Incidentally, these are also four of the things the EU is basing its future on. And it produces next to none of these critical rare earths.
Like lithium, rare earths are abundant. Deposits large enough to make economic sense, however, are only found in a limited number of areas around the world, with the largest deposits discovered so far in China. Rare earth exports are a lucrative business for Asia’s biggest economy, where it has virtually established world domination. And this domination is not good news for Europe or the United States, for that matter. ....

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Norge Mining plc - Publication of Mineral Resource Estimate


Press release content from Business Wire. The AP news staff was not involved in its creation.
Norge Mining plc - Publication of Mineral Resource Estimate
February 17, 2021 GMT
LONDON (BUSINESS WIRE) Feb 17, 2021
Norge Mining plc, the UK-based exploration company focused on Norway, announces the publication of a maiden Mineral Resource Estimate for the Øygrei area, which confirms the world-class 1 characteristics of the Company’s Bjerkreim Exploration Project in south west Norway.
Highlights
Maiden Mineral Resource Estimate of 1.55 billion tonnes, containing mean grades of 1.74% phosphorus pentoxide, 4.95% titanium dioxide and 0.07% vanadium pentoxide.
This is a world-class resource of EU Critical Raw Materials, defined as materials of strategic importance for the European economy but for which the EU currently relies on imported supply, and could potentially support a mine life in excess of 50 years. ....

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Norge Mining findet wohl weltgrößtes Phosphatvorkommen in Norwegen

Norge Mining findet wohl weltgrößtes Phosphatvorkommen in Norwegen
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EU pins hope on Norway raw materials discovery | Business| Economy and finance news from a German perspective | DW


EU pins hope on Norway raw materials discovery
Norway has discovered a huge deposit of critical raw materials. This could make the EU less dependent on China and Russia and boost the bloc s energy transition. DW s Mikhail Bushuev has this exclusive report.
Norge Mining is working feverishly to get the Dalane deposit project off the ground
Michael Wurmser was a banker, investor and strategic consultant before he met new business partners from Norway. They offered the Swiss national five licenses for a lucrative phosphate deposit in Norway which had previously caught the attention of local scientists.
What sounded rather unspectacular at first has turned into one of Europe s most fascinating discoveries. Norway does not belong to the EU. Its huge deposit has certainly piqued the interest of the 27-member bloc and China. Wurmser s company claims to have discovered the biggest deposit of its kind globally, which could produce 70 billion to 80 billion tons of ore-cont ....

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