The Fen Carbonatite Complex · Telemark

A new source of rare earths for Europe

The deposit at Fen has the potential to become the largest source of rare earth elements in Europe – essential raw materials for the green transition.

tonnes of rare earth oxides (TREO) in mapped resources
15.9 Mt
increase in resource estimate since 2024
~80 %
of the REE-bearing carbonatite covered by REN's permit
~90 %

From deposit to possibility

The wider value chain connects a geological resource with industrial applications.

Exploration drilling at the Fen site

01.

Mining at Fen

REN is planning an underground mine at the Fen deposit in Telemark – an "invisible mine" concept that keeps the footprint on the surface to a minimum. The carbonatite ore is crushed underground and transported onward for processing.

Mining method

Underground

Ore type

Carbonatite

Read more

Small elements essential for technologies

Rare earths help make the permanent magnets used in electric vehicles, wind turbines and advanced technology.

  • Electric car charging

    Electric mobility

    Each EV motor relies on powerful rare earth magnets.

  • Wind turbines on a ridge

    Wind energy

    Direct-drive turbines use tonnes of permanent magnets.

  • Industrial robot arm

    Advanced industry

    Robotics, electronics and defence depend on rare earths.

Forsyningssikkerhet

Viktige råvarer for Europa

Sjeldne jordarter er avgjørende råvarer for det grønne skiftet og for Europas industri. EU har definert dem som kritiske og strategiske råvarer gjennom Critical Raw Materials Act, med mål om å redusere avhengigheten av import fra ett enkelt land.

Neodym og praseodym regnes av EU-kommisjonen som de mest kritiske råvarene med tanke på forsyningsrisiko. Rare Earths Norway ble i 2022 prioritert av European Raw Materials Alliance (ERMA).

Fra kartlegging til prosjekt
Landskap i Telemark med skog og innsjø

An ancient volcano in Telemark

The Fen Carbonatite Complex was created 580 million years ago, when carbonate-rich magma formed a volcanic feeder pipe.

  • 580 million years

    Age of the carbonatite complex near Ulefoss in Telemark.

  • 8.8 → 15.9 Mt TREO

    Resource growth from 2024 to 2026 – parts now classified as Indicated.

  • ~19 % NdPr

    Share of neodymium and praseodymium – the most critical magnet metals.

  • Nb + Th

    Significant niobium and thorium – potentially valuable by-products.

About Rare Earths Norway

Built on 75 years of mining experience

REN was established in 2016 to develop the Fen Complex, and is part of the Hustadlitt group. Our vision is to become an important supplier of mixed rare earths concentrate in Europe, enabling the green industrial transition.

  • Mineral rights

    Our extraction permit covers approximately 90% of the REE-bearing iron-dolomite carbonatite at Fen.

  • Prioritised by ERMA

    Endorsed by the European Raw Materials Alliance in 2022 as a strategic European project.

  • An invisible mine

    An underground concept designed to keep the surface footprint at Fen to a minimum.

  • Alf Reistad

    CEO

  • Tore Malo Ødegård

    CFO

  • Trond Watne

    Chief Geologist

  • Sturla Steinsvik

    Project Advisor & Chairman of the Board

What are rare earth elements?

A group of 17 metals that are essential raw materials for the European Green Deal – above all in the permanent magnets used in electric vehicles, wind turbines and defence technology.

What part of the value chain does REN cover?

Producing permanent magnets normally involves four stages. REN covers the first: from mining to extracting the rare earth minerals from the ore itself.

What is the "invisible mine"?

An underground mining concept where ore is extracted and crushed below ground, reducing the impact on landscape and neighbours at Fen.

Why does Fen matter for Europe?

Europe is almost entirely dependent on imports of rare earths. As Europe's largest documented deposit, Fen could become a secure, local source of critical raw materials.