Rare Earths Norway AS is working with the Fen Carbonatite Complex located in Vestfold and Telemark County, approximately 100 km southwest of Norway’s capital Oslo. The complex is the remaining part of a volcano which was active 580 million years ago. The volcano itself has long since been eroded away, and only the volcanic conduit is left today. The carbonatite is enriched in rare earth elements, which are found in the minerals bastnäsite, parisite and monazite.
The Geological Advisor to the County Council, and the Geological Survey of Norway, has recently conducted field work and core-drillings which have contributed to the understanding of the geology. The investigations indicate that the Fen Carbonatite Complex could be the largest deposit of its kind in Europe.
The term carbonatite was introduced by W.C. Brøgger in 1921, the first geologist to describe the Fen Complex. Brøgger realized that the carbonates were of volcanic and not sedimentary origin, which made him famous in the geological scientific world. He also introduced names for the different rock types found in the area based on the names of local farms, e.g. rauhaugite (after Rauhaug) and søvite (after Søve).
Rare Earth Elements (REE) are a group of 17 metallic elements consisting of the 15 lanthanides on the periodic table, plus yttrium and scandium.
Their unique physical and chemical properties have made them essential in most high tech products, such as smart phones, hard drives, medical applications, defense applications and renewable energy technology.
Some of the rare earth elements, such as neodymium (Nd), praseodymium (Pr) and dysprosium (Dy) are essential to produce high strength permanent magnets which are key component for e.g electric traction motors and wind turbine generators.
Hustadlitt AS is the major shareholder of Rare Earths Norway AS. Hustadlitt Group is a private, family-owned company with more than 70 years of experience within the mineral industry and has developed several complex businesses in international markets. A key success factor has been to establish and maintain strong partnerships. Examples includes;
Hustadmarmor which was developed in partnership with the Swiss company Omya and became the world’s largest pigment producer for the paper industry.
The Quartz Corp developed in joint venture with the French company Imerys which has become a leading global supplier of high purity quartz used in advanced technologies such as semiconductors, fiber optics and solar panels.
Brønnøy Kalk – Calcite marble mining with annual supply of ~2 million tonnes. Efficiently and responsibly managed mine often used as a reference by government of Norway. Strong focus on sustainable mining and innovative solutions.