Norwegian Rare Earths report: Valuation of Europe's largest deposit raised by 81%
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The Finn rare earth project developed by the company in southern Norway will help the European continent reduce its dependence on China, the dominant producer. According to a statement from WSP, the project contains a total of 15.9 million tons of rare earth oxides in indicated and inferred resources. The statement added that the new valuation is based on supplementary exploration drilling conducted last year, representing an increase compared to the 8.8 million tons calculated in 2024.
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