The Fen Carbonatite Complex
The Fen Carbonatite Complex was created 580 million years ago when carbonate-rich magma formed a volcanic feeder pipe.
Read moreAbout 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 exploration permit covers approximately 90% of the REE-bearing iron-dolomite carbonatite (FDC) at Fen.
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The people
Sturla Steinsvik
Project Advisor & Chairman of the Board
Founder of Hustadlitt. 60 years of experience from developing global businesses within the mineral industry.
Trond Watne
Chief Geologist
27 years of experience in the Hustadlitt Group as geologist and mining engineer. Holds a PhD in Mining Engineering from Norwegian University of Science and Technology.
Birger Solberg
Director 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.
Rune Vigdal
Director of the Board
Founder of REN. 11 years of experience from the rare earths industry. Previous experience as CFO/CEO in several companies. Holds a Master of Science/Master of Business Administration.
Finn Tore Sylte
Business development & Director of the Board
22 years of experience in the Hustadlitt Group within business development, finance and other areas. Holds degrees in Engineering and Economics.
Alf Reistad
Head of Communication and Acting CEO
35 years of experience from Industry and Public Affairs. Holds a M.Sc. from Norwegian University of Science and Technology.
Tore Malo Ødegård
CFO
4 years in the Hustadlitt Group 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.
Gaute Magnushommen
Geologist
Holds a Master of Science in Geology from Norwegian University of Science and Technology.
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.