Beijing's Grip on Minerals Might Be Shaken by Norwegian Discoveries
A major discovery could have transformative industrial potential.
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A major discovery could have transformative industrial potential.
Norge Mining, a Norwegian mining company, unearthed 70-billion metric tons of phosphate rock 2.7 miles below the earth’s surface in 2021. The company
A major discovery could have transformative industrial potential.
Extensive deposits of phosphate rocks, enough to meet the electric power demand for the next 50 years, have been discovered in Norway, according to Norge Mining, a government organisation. Phosphorus plays a key role in the production of lithium-iron phosphate batteries which are utilised in electric cars. Runoff from phosphate fertilisers can damage freshwater ecosystems. In addition to vanadium and titanium, the Norwegian phosphates are said to contain valuable materials.
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