CNBC's Sam Meredith is reporting on the discovery of rare earth metals in Norway.
Norway has discovered Europe's largest deposit of rare earth metals in the Telemark region, estimated to contain 8.8 million tons of these critical minerals. This significant find, announced by Rare Earths Norway, has the potential to reduce Europe's dependency on China for rare earth elements, which are vital for green technologies such as electric vehicles and wind turbines. The discovery could play a crucial role in the continent's shift towards renewable energy and technological self-sufficiency. Mining operations are expected to begin by 2030, with an initial investment projected at €867 million.
https://www.cnbc.com/2024/06/11/norway-discovers-europes-largest-deposit-of-rare-earth-metals.html
(This article was written with assistance from ChatGPT)
Norway has discovered Europe's largest deposit of rare earth metals in the Telemark region, estimated to contain 8.8 million tons of these critical minerals. This significant find, announced by Rare Earths Norway, has the potential to reduce Europe's dependency on China for rare earth elements, which are vital for green technologies such as electric vehicles and wind turbines. The discovery could play a crucial role in the continent's shift towards renewable energy and technological self-sufficiency. Mining operations are expected to begin by 2030, with an initial investment projected at €867 million.
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Source: CNBChttps://www.cnbc.com/2024/06/11/norway-discovers-europes-largest-deposit-of-rare-earth-metals.html
(This article was written with assistance from ChatGPT)
