Page 3 - Norge Mining News Today

Seventy-seven billion tons of phosphate discovered in Norway could satisfy the demand for solar power and electric cars for the next 50 years.

Norge Mining hopes to open first mine in Norway within next five years

Norge Mining recently completed their exploration of a phosphate deposit in Norway, discovering over 70 billion tons of the mineral.

Norge Mining hopes to open first mine in Norway within next five years

While a majority of the worlds phosphate rock is used to create fertilizer, its rapidly becoming a vital component for EV and solar panel batteries.

With so many countries in geopolitical competition, Europe is also characterized by a lack of natural resources, which puts territories in conflict with

Norge Mining hopes to open first mine in Norway within next five years

Till now, Russia has been controlling the world's largest phosphate rock deposits and this latest discovery can tilt the scale in Europe's favour.

There is a bustling market for phosphorus and its refined products, in high demand in areas ranging from agriculture to batteries and with profits expected to grow.

Norwegian mining company Norge Mining said the 70 billion tonnes of phosphate rock was uncovered in the southwest of Norway, where it sits alongside other minerals such...