EU hails discovery of massive phosphate rock deposit in Norway

hackitfast@lemmy.world to World News@lemmy.world – 65 points –
'Great news': EU hails discovery of massive phosphate rock deposit in Norway
euractiv.com

A massive underground deposit of high-grade phosphate rock in Norway, pitched as the world’s largest, is big enough to satisfy world demand for fertilizers, solar panels and electric car batteries over the next 100 years, according to the company exploiting the resource.

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Norway once again being a resource rich country.

Says main use is fertilizer. This is very good for humanity.

Heh that’s cute that they’re planning for capitalism or humans to survive another 100 years.

Your profits are going to abruptly end long before than.

Norway isn’t part of the EU. Unsure the implications then since we are holding a lucrative natural resource and the EU can’t assume this is community property. Maybe our communal wealth fund is about to get a whole lot bigger. 🤷🏻‍♀️