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Rare Earths Norway Says Estimate of Deposit, Biggest in Europe, Jumps 81%

Summary by The Local - No
The reserves at Europe's largest rare earth deposit in southern Norway are almost twice as big as previously expected, according to new estimates published Tuesday by the company that owns the rights to the deposit.

10 Articles

Lean Left

The worldwide market for rare earths has so far been dominated by China. Norway has the largest presence of these mineral resources in Europe. Now it has become known that it is almost twice as large as previously assumed.

·Germany
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Center

The Norwegian deposit of Fensfeltet reveals a potential almost twice as high as the initial estimates, stimulating European ambitions for strategic autonomy.

·France
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Gigantic deposits of rare earth metals. A chance to free Europe from China - RMF24.pl - Rare earth metal deposits discovered a few years ago in the municipality of Nome, Norway, contain 15.9 million tons, not 8.8 million tons, the mining company Rare announced.

A resource assessment of Europe's largest rare earths project in Norway has revealed that the country has far more minerals than previously thought. Rare Earths Norway has announced that the mineral resource assessment at its Fenno deposit under development has increased by 81% compared to an analysis conducted two years ago.

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Varden broke the news in on Tuesday, March 3, 2026.
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