At the height of the American war machine’s realization that China controls nearly all of its raw materials, two new developments in Europe now suggest that the West has a fighting chance to secure critical metals for the future A major discovery in Norway, and a potentially game-changing acquisition in Greenland. In mid-June, Norwegian mining company Rare Earths Norway unveiled one of the largest deposits of rare earth elements in Europe in the Fen Carbonatite Complex in the country’s south.
E, CRML could be set for a significant valuation re-rate. “Tanbreez is a game-changing rare earth mine for the West and a key step in positioning Critical Metals Corp as the leading supplier of critical minerals, CEO Tony Sage said in a press release.Rare earths metals are used in our everyday electronics, but without them, there will be no clean energy transition, and the U.S.
Es, light rare earths elements. Es in the world, and it already has an exploitation permit, with hundreds of thousands of assays already undergoing testing. From an infrastructure perspective, Tanbreez is also highly advantageous, with year-round direct shipping access through deep-water fjords that feed into the North Atlantic ocean.“Everything in your mobile phone, everything in cars comes from these Rare Earth elements. Supercomputers in the future, quantum computing … The windmills that are up, all the magnets in there.
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