World's largest high-grade phosphate reserves found in Norway

World's largest high-grade phosphate reserves found in Norway

 Anglo-Norwegian company Norge Mining this month announced the discovery of large deposits of 70 billion metric tons of ultra-rich phosphate rock, vanadium, and titanium in southwest Norway. Which is believed to be the world's largest reservoir.

 This reserve is enough to meet the growing global demand for fertilizers, solar panels, and electric cars for at least the next 100 years. It was first discovered in 2018 when it was estimated that the reserves extend up to 300 meters underground. However, it was later discovered that the deposits were up to 4,500 meters deep.

 Sweden has recently discovered rare-earth metals in its far northern region. These unprecedented discoveries will only serve as strategic weapons for the West in its growing rivalry with Moscow and Beijing.

 Prior to this, the largest phosphate rock reserves are mainly concentrated in the Western Sahara region of Morocco (50 billion tons), followed by China (3.2 billion tons), Egypt (2.8 billion tons), and Algeria (2.2 billion tons). Russia also has rich deposits of phosphate, vanadium, and titanium.

Phosphate

 An essential element used for production in the fertilizer industry, it was part of the European Commission's March proposal for the Critical Raw Materials Act.

 In addition, phosphorous is used to manufacture next-generation lithium batteries for solar panels and electric cars, semiconductors, and computer chips, which are

characterized by their higher energy density, increased safety, and longer shelf life than their lithium-ion counterparts. It is due to the life span.