Norway Government Takes Over Planning for Europe's Largest Rare Earth Deposit
The Norwegian government has taken over the planning for the Fen rare earth deposit, Europe's largest, to expedite its development following a resource upgrade that nearly doubled its estimated size. The Fen deposit, located in Telemark, Norway, is now estimated to hold 15.9 million metric tons of rare earth oxide, marking an 81% increase from previous estimates. This move is part of Norway's strategy to reduce Europe's reliance on China for rare earth minerals, which are essential for various industries, including electric vehicles and wind turbines. 
