Stay updated with breaking news from Norge Mining. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
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...