tl;dr:
- It’s significant because the EU has phosphate on the list of critical raw materials
- Norway deposit is estimated 70b tons at least, the biggest in the world
- Phosphate is essential for fertilizers, car batteries and solar panels
- The new reserves are supposed to last for a 100 years
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For more on EU list of critical raw materials you can read here:
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So the country with the most electric vehicles will start to build them? Makes sense.
