EU pins hope on Norway's raw materials
m.dw.com

Norway has discovered a huge deposit of critical raw materials. This could make the EU less dependent on China and Russia and boost the bloc’s energy transition. DW’s Mikhail Bushuev has this exclusive report.

This just in: Rich country will get even richer.

Lol, scratch that. It’s gonna be foreign owned. Fucking useless Norway.

nBee
33M

It’s gonna be foreign owned.

I think there’s a good chance that the Norwegian government will intervene and nationalize Norge Mining, or at least secure the rights for the minerals (if that is something they can even do?).

I found an NRK article from September mentioning interest in a state-owned company to manage these resources (similar to Petoro) from the region’s mayor:

Verdiene er så store at Eigersund-ordfører Odd Stangeland (Ap) vil ha staten på banen for å forvalte verdiene på samme måte som oljeressursene forvaltes.

– Jeg etterlyser et tydeligere eierskap fra staten. Jeg skulle ønske at vi hadde et «Minoro», et mineralenes Petoro, som satt klar og sikret fellesskapets interesser i de verdiene som ligger under bakken.

Stangeland viser til hvordan vi regulerte oljeressursene, og hvordan staten har sikret seg vannkraften. Han mener vi sikre oss de verdiene som ligger i mineralene.

– Dette bør vi gjøre på eiersiden, men kanskje også på operatørsiden med et «mineralenes Equinor» der vi sikrer oss at kompetansen bygges i Norge og verdiene blir her.

Thats good to hear, hopefully it goes through because those are the publics recourses, not some god damn private company.

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