The Fen Carbonatite Complex
The Fen Carbonatite Complex was created 580 million years ago when carbonate-rich magma formed a volcanic feeder pipe.
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Lytt til samtalen mellom Mette Vågnes Eriksen, general sekretær i Polyteknisk Forening og Alf Reistad, CEO i Rare Earths Norway, om forekomsten på Fensfeltet og dens betydning for det grønne skiftet og forsyningssikkerhet. Utvikling av innovativ teknologi i mineral næringen og avveininger mellom lokal natur og globalt klima.
About Rare Earths Norway
Vision
REN’s vision is to become an important supplier of mixed rare earths concentrate in Europe, enabling the green industrial transition and climate change mitigation.
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Mineral rights
REN’s extraction permit covers approximately 90% of the REE-bearing iron-dolomite carbonatite (FDC) at Fen.
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The people
Alf Reistad
CEO
More than 35 years of experience in Industry and Public Affairs. Holds a M.Sc. from Norwegian University of Science and Technology.
Tore Malo Ødegård
CFO
Employed in Hustadlitt Group since 2017 within finance and business development. Previous experience from investment banking. Holds a M.Sc in Industrial Economy and Technology Management from Norwegian University of Science and Technology.
Trond Watne
Chief Geologist
29 years of experience in the Hustadlitt Group as a geologist and mining engineer. Holds a PhD in Mining Engineering from Norwegian University of Science and Technology.
Gaute Magnushommen
Geologist
Holds a Master of Science in Geology from the Norwegian University of Science and Technology.
Eirik Bache Stokmo
Geologist, Project Leader
Three years experience in exploration and mining. He holds a Master of Science in Geology from UiT - The Arctic University of Norway.
Svetlana Rotaru
Lead Project Administration
10 years of experience in project management, service and concept development, administration, and networking. Master in health and social science with a focus on service management.
Christian Rainer
Senior Advisor Projects and Technology
More than 35 years of experience in the minerals industry, in project, process, and product development, as well as in operative management functions. He holds a degree from Montanuniversität Leoben, Austria, and has been involved with Hustadlitt since 2022.
Werner Rehbein
Senior Technical Advisor
More than 30 years of experience in process engineering and international projects, mainly in the minerals, wooden composite, and energy business. He holds an MSc in Mechanical Engineering from the Technical University of Graz.
Tor Espen Simonsen
Communications Advisor
More than 10 years' experience as editor-in-chief. He holds a master's in history from the University of Oslo.
Finn Tore Sylte
Business development & Member of the Board
More than 25 years of experience in the Hustadlitt Group within business development, finance, and other areas. Holds degrees in Engineering and Economics.
Sturla Steinsvik
Project Advisor & Chairman of the Board
Founder of Hustadlitt. 60 years of experience from developing global businesses within the mineral industry.
Birger Solberg
Member of the Board
CEO of Ulefos Holding, Cappelen Group. Previously VP Sibelco Europe and CEO of Sibelco Nordic. Holds a M.Sc Mechanical Engineering from Norwegian University of Science and Technology and AMP from INSEAD.
Ole Bjørn Jenssen
Member of the Board
VP Product Quality, Yara International ASA. Former SVP Production R&D in Yara, Technical Director Yara Mining and Production Manager in Hydro Agri. Holds a M.Sc. in Industrial Chemistry, NTNU Norway.
Nina Steinsvik
Member of the Board
CEO of Hustadlitt AS. 7 years experience in corporate banking before joining Hustadlitt AS. She holds a Bachelor of Science in Business; a Major in Finance, and a Minor in Economics from the University of Colorado Boulder.
Partners
The mining value chain
The end product for the value chain is permanent magnets.
Permanent magnets, also known as supermagnets, are essential in manufacturing a wide range of state-of-the-art products, including electric cars and wind turbines. The production of permanent magnets normally involves four stages. REN covers the first of these, from mining to extracting the REE minerals from the ore itself.