Berliner Boersenzeitung - Beetles block mining of Europe's biggest rare earths deposit

EUR -
AED 4.097449
AFN 71.405838
ALL 90.616631
AMD 401.812176
ANG 1.996881
AOA 1024.222003
ARS 1713.62359
AUD 1.586729
AWG 2.011067
AZN 1.901136
BAM 1.949248
BBD 2.247416
BDT 138.524382
BGN 1.950072
BHD 0.421299
BIF 3348.664286
BMD 1.11571
BND 1.425553
BOB 13.529886
BRL 6.07404
BSD 1.115884
BTN 105.894855
BWP 15.416733
BYN 3.286955
BYR 21867.912013
BZD 2.244137
CAD 1.557179
CDF 2582.868583
CHF 0.919211
CLF 0.028029
CLP 1106.739931
CNY 7.431859
CNH 7.423714
COP 3564.257673
CRC 507.410374
CUC 1.11571
CUP 26.778989
CVE 109.89512
CZK 24.353323
DJF 198.284384
DKK 7.473331
DOP 67.635085
DZD 151.572144
EGP 62.471162
ERN 16.735647
ETB 180.144444
FJD 2.503323
FKP 0.834157
GBP 0.833173
GEL 2.905153
GGP 0.834157
GHS 12.999654
GIP 0.834157
GMD 82.562922
GNF 9875.80474
GTQ 8.530327
GYD 233.890121
HKD 8.751695
HNL 29.991191
HRK 7.552251
HTG 146.193844
HUF 365.770399
IDR 20257.942776
ILS 3.508417
IMP 0.834157
INR 105.955892
IQD 1691.514361
IRR 2084608.919934
ISK 136.009279
JEP 0.834157
JMD 177.313208
JOD 0.791082
JPY 175.639543
KES 144.89766
KGS 97.567376
KHR 4552.758153
KMF 492.028411
KPW 1004.138774
KRW 1488.758952
KWD 0.347165
KYD 0.92987
KZT 505.929434
LAK 25123.453969
LBP 99922.520078
LKR 371.142489
LRD 189.679884
LSL 18.595196
LTL 3.294401
LVL 0.674882
LYD 7.172858
MAD 10.971273
MDL 19.973579
MGA 5047.215888
MKD 61.373706
MMK 2342.889781
MNT 4014.19357
MOP 9.016372
MRU 45.247533
MUR 52.751181
MVR 17.238138
MWK 1934.449804
MXN 20.968745
MYR 4.527778
MZN 71.305434
NAD 18.595196
NGN 1501.980106
NIO 41.06198
NOK 10.263084
NPR 169.431569
NZD 1.980129
OMR 0.42899
PAB 1.115989
PEN 3.862019
PGK 5.077909
PHP 71.054021
PKR 308.685923
PLN 4.404209
PYG 6537.027277
QAR 4.067528
RON 5.337002
RSD 117.453044
RUB 90.005057
RWF 1647.141366
SAR 4.188821
SBD 8.990619
SCR 15.366815
SDG 671.103544
SEK 10.959674
SGD 1.42586
SHP 0.834925
SLE 25.553845
SLL 23395.881486
SOS 637.665207
SRD 41.972449
STD 23092.94018
STN 24.418688
SVC 9.763183
SYP 14506.458423
SZL 18.59018
THB 37.692586
TJS 10.270839
TMT 3.904984
TND 3.336784
TOP 2.686361
TRY 55.727254
TTD 7.56557
TWD 36.423355
TZS 2946.810525
UAH 50.610698
UGX 4742.208913
USD 1.11571
UYU 44.860819
UZS 13383.494263
VES 990.169911
VND 28789.217736
VUV 133.012093
WST 3.094869
XAF 655.957
XAG 0.022737
XAU 0.000287344858
XCD 3.015262
XCG 2.010941
XDR 0.788865
XOF 655.957
XPF 119.331742
YER 263.534658
ZAR 18.66081
ZMK 10042.73102
ZMW 22.500973
ZWL 359.258099
SSP 6409.974876
MXV 2.363292
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Beetles block mining of Europe's biggest rare earths deposit
Beetles block mining of Europe's biggest rare earths deposit / Photo: Sulejman Alihodzic - AFP

Beetles block mining of Europe's biggest rare earths deposit

As Europe seeks to curb its dependence on China for rare earths, plans to mine the continent's biggest deposit have hit a roadblock over fears that mining operations could harm endangered beetles, mosses and mushrooms.

Text size:

A two-hour drive southwest of Oslo, in the former mining community of Ulefoss home to 2,000 people, lies the Fensfeltet treasure: an estimated 8.8 million tonnes of rare earths.

These elements, used to make magnets crucial to the auto, electronics and defence industries, have been defined by the European Union as critical raw materials.

"You have rare earths in your pocket when you carry a smartphone," said Tor Espen Simonsen, a local official at Rare Earths Norway, the company that owns the extraction rights.

"You're driving with rare earths when you're at the wheel of an electric car, and you need rare earths to make defence materiel like F-35 jets," he added.

"Today, European industry imports almost all of the rare earths it needs -- 98 percent -- from one single country: China," he added.

"We are therefore in a situation where Europe must procure more of these raw materials on its own," he said.

In its Critical Raw Materials Act (CRMA) aimed at securing Europe's supply, the EU has set as an objective that at least 10 percent of its needs should be extracted within the bloc by 2030.

No rare earth deposits are currently being mined in Europe.

- 'Rush slowly' -

Due to environmental concerns, Rare Earths Norway has already been forced to push back its schedule. Now it aims to begin mining in the first half of the 2030s.

Its so-called "invisible mine" project is intended to limit the mine's environmental footprint. It plans to use underground extraction and crushing -- as opposed to an open-pit mine -- and re-inject a large part of the mining residue.

But the location of the mineral processing park, where ore extracted underground would be handled and pre-processed, has posed a problem.

The company had planned to transport the minerals on an underground conveyor belt emerging above ground behind a hill, in an area out of sight from the town and largely covered by ancient natural forests, rich in biodiversity.

But experts who examined that site found 78 fauna and flora species on Norway's "red list" -- species at risk of extinction to varying degrees. They included saproxylic beetles (which depend on deadwood), wych elms, common ash trees, 40 types of mushrooms, and various mosses.

As a result, the county governor formally opposed the location during a recent consultation process.

Adding to concerns was the fact that disposing of waste rock would take place within a protected water system.

"We need to start mining as quickly as possible so we can bypass polluting value chains originating in China," said Martin Molvaer, an adviser at Bellona, a Norwegian tech-focused environmental NGO.

"But things should not move so quickly that we destroy a large part of nature in the process: we must therefore rush slowly," he said.

- 'Lesser of two evils' -

Faced with such objections, the municipality has been forced to review the plans and take a closer look at alternate locations for the above-ground part of the mine.

While there is another less environmentally sensitive zone, neither the mining developers nor the local population favour it.

"We accept that we will have to sacrifice a significant part of our nature," local mayor Linda Thorstensen said.

"It comes down to choosing the lesser of two evils."

Thorstensen supports the mine project, given the small town has seen jobs and young people move elsewhere for decades. It is "a new adventure", she said.

"A lot of people live outside the job market, many receive social welfare assistance or disability pensions. So we need jobs and opportunities," she said.

In the almost-empty streets of Ulefoss, locals were cautiously optimistic.

"We want a dynamic that makes it possible for us to become wealthy, so that the community benefits. We need money and more residents," Inger Norendal, a 70-year-old retired teacher, told AFP.

"But mining obviously has its downsides too."

(K.Lüdke--BBZ)