Norway’s Fen Deposit Could Redefine Europe's Rare Earth Independence
Norway's Fen deposit offers Europe a groundbreaking opportunity to challenge China's rare earth monopoly through innovative, environmentally sensitive mining techniques.
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- Norway discovers Europe’s largest rare earth deposit in Ulefoss
- Contains 9 million tonnes of rare earth oxides
- Presents potential to meet 30% of the EU’s demand by 2050
- The ‘Invisible Mine’ project aims to minimize surface disruption
- Focuses on innovative tunneling and waste management techniques
- Strategic project designed to reduce European dependence on Chinese rare earth imports
- Aligns with EU’s Critical Raw Materials Act goals
