Fen Rare Earth Deposit Development Project
Sector: Chemical (Industrial) • Location: Norway
Source: Modern Diplomacy
The Fen project in southern Norway is Europe's largest rare earth deposit, with an estimated 15.9 million metric tons of rare earth oxides. The Norwegian government has taken control of the planning process to accelerate development, aiming to secure critical minerals and reduce dependence on imports. Production is expected to start by 2031, targeting 800 tons of neodymium and praseodymium by 2032
- Status
- Prospective
- Sector
- Chemical (Industrial), Government, Manufacturing (Industrial)
- Location
- Norway
- Updated
- 22 Jul 2026
- Source
- Modern Diplomacy
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Project Information
Participants
| Not available for this record. |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Fen project in southern Norway is Europe's largest rare earth deposit, with an estimated 15.9 million metric tons of rare earth oxides. The Norwegian government has taken control of the planning process to accelerate development, aiming to secure critical minerals and reduce dependence on imports. Production is expected to start by 2031, targeting 800 tons of neodymium and praseodymium by 2032. The project faces challenges including environmental concerns and land use disputes, but government intervention aims to streamline development and balance strategic priorities with sustainability. |
Original sector | Mining and Minerals |
Location
Country | Norway |
Source
Source | Modern Diplomacy |
URL |
More Details
Record type | Project |
Sector | Chemical (Industrial), Government, Manufacturing (Industrial) |
Article published date | 2026-04-25 |
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