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Vertical integration
Flexible and innovative approach
We are developing the Eigersund Project with a flexible, innovative approach and detailed analysis of the full potential of this new vertically integrated value chain.
Fragility of global supply chains
Critical Raw Materials (CRMs) are of huge national importance to Norway. They are also of great international significance.
Recent years have seen unprecedented global supply disruption – from the Covid-19 pandemic to continuing geopolitical unrest.
The fragility of CRM supply chains and vulnerability of sovereign states now need to be countered by reliable and unhindered access.
Controlling the value
Securing a European supply of these Critical Raw Materials and lowering the associated risk is therefore an urgent political and economic priority.
Norge Mineraler is aiming to control more of the CRM value chain – as requested by our partners, such as the EU and specific governments.
To do this, we are assessing upstream extraction, as well as mid and downstream processing. This will also increase the value of these resources for the Norwegian people.
Project concept
Pre-feasibility study
An extensive pre-feasibility study allows us to explore the scope of our development plans, considering both upstream and downstream activities in a vertically integrated system.
As we assess these exciting opportunities, our main focus is on the final product lifecycle. Firstly, how it will appeal to customers and offtakers. And secondly, how we can optimise sustainable characteristics in the following ways:
- The low carbon footprint of Norwegian energy supply, with a very high proportion of renewable energy
- The possibilities of using residual resources for sensible purposes and circular products
- The possibility of carbon negative operation with carbon capture technology
Further reading
Project
Economic impact
Project
Critical Raw Materials
Project
An expedited programme
Ensuring supply chain security through the energy transition
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Geopolitics reveal the importance of Critical Raw Material provenance
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Massive investment in mineral extraction is needed now…
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