Commitment & impact
With best practise governance and transparency, we are committed to deliver this project according to the highest international standards, prioritising sustainable solutions:
- The mineral concentrates we plan to produce will have low (<2 ppm) toxic heavy-metal contaminants. This positively affects the quality of phosphate-based fertilisers and are also important in meeting the increased demand for a range of refined pure and high quality raw materials requested in numerous end products
- We can contribute to the decarbonisation of the EU supply chain by reducing transport emissions and low-to-negative production emissions using CCS
- Access to Norwegian power as our primary source of power for our upstream production
- Close collaboration with local, national and international communities will contribute to positive socio-economic impacts
International standards
To address the ESG issues, there are several national and internationally recognised reporting frameworks used to guide disclosure, encouraging a robust standard of transparency and engagement.
Looking to the United Nations Sustainable Development Goals, Norge Mineraler is aligning its sustainability performance with the adopted TSM framework along with the EU’s sustainability disclosure regulations (CSRD).
Governance
Norge Mineraler is committed to implementing and maintaining the best practice standards of governance and transparency.
The ESG Committee plays a critical role in ensuring, effective risk management within the organisation and is responsible for establishing and operating a robust risk management system that addresses various ESG operational risks.
The Committee reviews interactions with important local and international stakeholders and supports the Company by establishing connections with relevant intermediaries and contacts with a potential mutual interest in the commercialisation of Norge Mineraler’s assets.
Environmental
Norge Mineraler is looking to minimise its operational impacts whilst maximising its positive societal impact.
Societal impact
By making phosphate and vanadium more readily available, we can help to build a more sustainable world, through their application in renewable energy technologies.
Lower carbon operations
We are exploring innovative ways of extracting minerals that minimise the impact on nature and the surroundings.
And we will prove that resource development can be more environmentally friendly and sustainable, thanks to innovative ways of extracting materials from the ground with minimal impact. To make this a priority, we have created a research and development arm (NM Forskning og Utvikling AS). This will identify and implement R&D on technologies for sustainable mineral extraction and residual resource utilisation. Which in turn will allow early adaption and implementation providing competitive advantages.
Tailings solutions
Tailings are residual resources from the processing of mined ore.
They consist of ground rock, clay, silt and sand, unrecoverable and uneconomic metals, organic matter and effluent from the process used to extract the desired products from the ore.
These residual resources area high priority and we are looking to ensure responsible solutions to their utilisation and usage for sensible purposes.
We are partnering with technology leaders to develop sustainable solutions for the commercial reuse of residual tailings streams.
Water management
Water is used in several ways within the mining process to extract, wash, sort and de-water the minerals.
Norge Mineraler is looking to adopt a closed-loop water system to recirculate any water assets required as part of the company’s activities whilst limiting any impact on local water courses.
Energy solutions
Norge Mineraler plans to utilise green electricity from the Norwegian grid to power its operations, engaging with local utilities partners to ensure capacity and required connectivity.
Carbon neutrality
We are investigating raw materials that are on the European Union’s Critical Raw Material list.
Vanadium redox flow batteries will be able to store the vast quantities of renewable energy – needed in the move away from carbon. At the same time, phosphate fertilisers are a prerequisite to feed our ever-growing global population.
Energy storages through batteries are key enablers of the shift to low-carbon economy by storing the renewable energy and, mainly, enabling the electrification of transport. Their production, namely processing of necessary components, and recyclability, has however been ridden by numerous challenges, including high pollution and environmental degradation. Recent technological developments and use of alternative materials, such as iron-phosphate for cathode active material, has however substantially improved the life-cycle performance of lithium-ion batteries. With increased levels of re-use and recycling and better production and processing practices, they are themselves becoming a part of clean-tech economy.
Port development
Once in operation, our products will be shipped using local solutions.
This can include the expansion of port infrastructure to accommodate the loading and shipping of materials to further downstream processing.
Biodiversity
Protected areas
Norge Mineraler respects that there are a number of protected areas within our exploration licences. We are gathering adequate data and will ensure that any findings are at the forefront of our exploration and sourcing of minerals in Norway.
Conservation
As well as protected areas, Norge Mineraler understands there are species of conservation concern within the licence areas. The welfare of these species will be important.
Further reading
Sustainability
Planning & zoning
Sustainability
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Social
Cultural heritage
Areas of cultural heritage will be included in the planning and development processes at local, regional and national levels. Norge Mineraler will adhere to The Norwegian Cultural Heritage Act.
Local community feedback
We take all feedback seriously and encourage all stakeholders to express and share any concerns they have regarding our project. Feedback should be receivable by email, in writing or using the link below:
Sustainable growth and development
Norway has developed a national strategy for the minerals industry; regional plans have been designed to prioritise mineral extraction to attract inward employment and investment.