Production, refining and reserves
| Commodity | Metric | Value | World rank · share | Source |
|---|---|---|---|---|
| Cobalt | Refinery production 2023 | 3,500 t Co content (refined) | #5 · 2% | USGS Minerals Yearbook 2023 (cobalt), table 8 |
| Nickel | Mine production 2023 | 200 t Ni content | #24 · 0% | USGS Minerals Yearbook 2023 (nickel, tables-only release), table 10 |
| Nickel | Refinery production 2023 | 95,000 t Ni content (primary nickel products) | #6 · 3% | USGS Minerals Yearbook 2023 (nickel, tables-only release), table 12 |
| Graphite (natural) | Mine production 2025 | 6,600 t natural graphite | #10 · 0.4% | USGS MCS 2026 |
| Graphite (natural) | Reserves 2025 | 600,000 t natural graphite | #15 · 0.2% | USGS MCS 2026 |
| Platinum | Refinery production 2023 | 1,586 kg Pt content | #8 · 0.6% | USGS Minerals Yearbook 2023 (platinum-group metals, tables-only release), table 6 |
| Palladium | Refinery production 2023 | 6,252 kg Pd content | #8 · 2% | USGS Minerals Yearbook 2023 (platinum-group metals, tables-only release), table 6 |
| Aluminium | Refinery production 2025 | 1.3 million t primary aluminium (smelter production) | #8 · 2% | USGS MCS 2026 |
| Titanium (ilmenite) | Mine production 2025 | 390,000 t TiO2 content | #5 · 4% | USGS MCS 2026 |
| Titanium (ilmenite) | Reserves 2025 | 37 million t TiO2 content | #4 · 8% | USGS MCS 2026 |
| Silicon | Refinery production 2025 | 150,000 t Si content (ferrosilicon) | #4 · 3% | USGS MCS 2026 |
| Thorium | Reserves 2008 | 170,000 t ThO2 | #3 · 14% | USGS MCS 2009 |
| Cadmium | Refinery production 2025 | 430 t Cd metal | #11 · 2% | USGS MCS 2026 |
| Mercury | Mine production 2025 | 1 t Hg content | #5 · 0.5% | USGS MCS 2026 |
| Feldspar | Mine production 2004 | 74,000 t feldspar | — | USGS MCS 2005 |
| Mica (scrap and flake) | Mine production 2010 | 3,000 t scrap and flake mica | — | USGS MCS 2011 |
| Peat | Mine production 2016 | 500,000 t peat | — | USGS MCS 2017 |
| Sand and gravel (industrial) | Mine production 2016 | 1 million t industrial sand and gravel | — | USGS MCS 2017 |
Policies and export measures
Policy tracker →2026-07-01 · incentive
Minerals Act 2025 (LOV-2025-06-20-107) replacing the 2009 Minerals Act
New act on mineral activities and management of mineral resources, in force 1 July 2026, replacing the 2009 act. It adds an explicit national-security consideration and a requirement that authorities coordinate permit processing for mineral projects, keeps the regime for state-owned minerals (metals such as copper, nickel, cobalt, chromium, tungsten and uranium), and strengthens protection and compensation for Sami rights-holders.
Source: Lovdata (Norwegian Ministry of Trade, Industry and Fisheries)2025-12-05 · ban
Storting request not to announce the first seabed-minerals licensing round in the 2025–2029 parliamentary term
As part of the 2026 budget settlement, the Storting adopted a request (later numbered request resolution no. 24) asking the government not to announce the first licensing round for seabed minerals during the current parliamentary term. This continues the pause first agreed in the autumn 2024 budget negotiations, which had put the planned first round on hold.
Source: Stortinget (Norwegian Parliament)2024-03-21 · agreement
EU–Norway strategic partnership on sustainable land-based raw materials and battery value chains
Memorandum of understanding signed on 21 March 2024 (signature date), under the EU–Norway Green Alliance.
Source: European Commission2024-01-09 · strategy
Storting approval to open an area of the Norwegian continental shelf for seabed mineral activity
The Storting endorsed the government white paper Meld. St. 25 (2022–2023) on opening part of the Norwegian continental shelf for mineral activity and on a resource-management strategy (committee recommendation Innst. 162 S). It also asked the government to make national security a criterion when awarding licences and to bring the first extraction plans to the Storting before approval. The opening allows exploration licensing first, with any extraction subject to later approval.
Source: Stortinget (Norwegian Parliament)2023-06-21 · strategy
Norwegian Government mineral strategy (2023)
Strategy from the Ministry of Trade, Industry and Fisheries with five focus areas: faster mineral projects, a circular industry, stronger sustainability, mobilising private capital and international partnerships. Measures include completing geophysical mapping and stepping up mapping of critical raw materials, fast-track and one-stop-shop permitting, a national coordinating authority for critical and strategic mineral projects, and considering a state-owned mineral company or fund.
Source: Norwegian Ministry of Trade, Industry and Fisheries (regjeringen.no)
Trade in critical minerals
Exports 2024$9.8 bn
- Aluminium$4.5 bnto Germany 17%, Netherlands 17%, Denmark 13% · 49 more
- Nickel$2.2 bnto Netherlands 38%, Germany 13%, United States of America 10% · 47 more
- Manganese*$867 mto United States of America 17%, Germany 13%, Netherlands 10% · 42 more
- Silicon$802 mto Germany 34%, Netherlands 14%, France 9% · 45 more
- Zinc$380 mto Netherlands 50%, United Kingdom 30%, Germany 6% · 19 more
- Copper$361 mto Sweden 46%, Germany 27%, China 5% · 41 more
- Palladium$230 mto United Kingdom 54%, South Korea 20%, India 9% · 8 more
- Titanium (ilmenite)*$218 mto China 58%, Germany 14%, South Korea 10% · 10 more
and 31 more commodities
Imports 2024$5.0 bn
- Nickel$1.8 bnfrom Canada 62%, Finland 21%, Australia 6% · 20 more
- Alumina$1.1 bnfrom Brazil 78%, Spain 15%, Germany 6% · 22 more
- Aluminium$747 mfrom Brazil 26%, United Arab Emirates 22%, Venezuela 9% · 39 more
- Zinc$284 mfrom Sweden 46%, Portugal 25%, France 14% · 16 more
- Manganese*$268 mfrom Gabon 55%, South Africa 38%, France 2% · 18 more
- Copper$232 mfrom Canada 51%, Germany 22%, Sweden 17% · 29 more
- Potash$101 mfrom Germany 85%, Spain 12%, France 2% · 5 more
- Phosphate rock$93 mfrom Morocco 76%, Finland 24%, Denmark 0% · 6 more
and 35 more commodities
Trade values in current US dollars (ores, concentrates, intermediates, chemicals and refined metal), not prices. * Includes HS codes that also cover other products. Source: CEPII BACI (HS22), Etalab Open Licence 2.0 — details.
Fiscal regime for mining
| Instrument | Applies to | Rate | Legal basis |
|---|---|---|---|
| Royalty | Copper, Nickel, Cobalt, Zinc, Lead, Gold, Silver, Iron ore, Titanium sponge, Titanium (ilmenite), Titanium (rutile), Rare earths, Lithium, Vanadium, MolybdenumAnnual payment to the landowner of 0.5% of turnover value by holders of extraction rights to State minerals, industrial minerals and light metals (and to non-economic landowner minerals taken out with them) | 0.5%turnover value (omsetningsverdi) of State minerals extracted and used | Lov 20. juni 2025 nr. 107 om mineralvirksomhet (new Minerals Act; replaced mineralloven LOV-2009-06-19-101) · § 10-3in force 2026-07-01 |
| Royaltyenacted not in force | All mineralsExtraction of State minerals in traditional Sami areas: annual fee to the Treasury as decided by the Storting (rate not set in the Act); affected Sami right-holders receive an equivalent annual payment; may be levied on existing operations five years after entry into force | — | Lov 20. juni 2025 nr. 107 om mineralvirksomhet (new Minerals Act; replaced mineralloven LOV-2009-06-19-101) · § 10-7, transitional provisionsin force 2026-07-01 |
Rates and terms as set in the cited law or regulation; agreements with individual projects can differ. Not legal or tax advice.
Deals and financing (1)
2023-06-30 · Offtake · signed · EUR 5
Stellantis N.V. → Kuniko Ltd · Kuniko Norwegian nickel-cobalt projects
Stellantis agreed offtake terms for 35% of future nickel and cobalt sulphate from Kuniko's Norwegian projects over nine years and invested EUR 5 million for about 20% of Kuniko.
Mines and facilities (13)
- Boliden OddaSmelter · In production · VestlandZinc
- Elkem BremangerSmelter · In production · VestlandSilicon
- Elkem SaltenSmelter · In production · NordlandSilicon
- Engebø rutile and garnet mineMine · In production · VestlandTitanium (rutile)
- Eramet Norway PorsgrunnSmelter · In production · TelemarkManganese
- Eramet Norway SaudaSmelter · In production · RogalandManganese
- Fen Carbonatite Complex REE projectProject · Exploration · TelemarkRare earths, Niobium, Thorium
- Glencore NikkelverkRefinery · In production · AgderNickel, Cobalt, Copper
- Nussir copper projectProject · Construction · FinnmarkCopper
- REEtec Herøya rare earth separation plantProcessing plant · Construction · TelemarkRare earths
- Skaland graphite plantMine · In production · TromsGraphite (natural)
- Titania Tellnes ilmenite mineMine · In production · RogalandTitanium (ilmenite)
- Wacker Holla silicon plantSmelter · In production · TrøndelagSilicon
Latest news
All news →- Synthetic graphite maker Vianode seeks partner or buyer to fund expansion
2026-10-01 · electrive
- Vianode and FAAM recycle anode production scrap into battery-grade graphite
2026-09-30 · electrive
- Norway targets 2028 for development plan at Fen rare earth deposit
2026-09-23 · Euronews (AFP)
- IEA publishes in-depth review of Norway's critical minerals policies
2026-07-10 · International Energy Agency