• Th4tGuyII
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    811 month ago

    Can Norway start handing out some of those resource W’s to the rest of Europe please? They’re playing civilisation on easy mode here

    • @[email protected]
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      1 month ago

      Norway and the US are using hacks. Whenever there’s a shortage of something, a farmer in Bumfucksville, Iowa or fisherman in Bømføkstad, Norway finds some immense reserve of it.

    • @ThePyroPython
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      321 month ago

      Haha Sovereign Wealth Fund money printer goes Brrr.

        • @ThePyroPython
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          151 month ago

          It looks like madness because it’s something that’s almost completely absent from politics around the world: thinking past the next election!

          Ok, the government has this oil money what should we do with it? Give everyone tax cuts? Build giant vanity projects? Throw a year-long nation-wide party with a kilo of cocaine for every household?

          Nope, let’s invest it into a government owned diverse market fund so the social security of our citizens is sound for generations to come.

        • @[email protected]
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          81 month ago

          And it pays for public pensions. I see that as an absolute win. If there’s going to be exploitation of the working class, at least let it be to care for old bums.

    • @Crampon
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      171 month ago

      Ye no. We lived here for 12000 years mostly in poverty and conflict.

      Only the last 60 years have been good. And people want us to get fucked for it.

    • @ziggurat
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      11 month ago

      The rare resources were not uncovered on the map before the technologies to use them were researched

  • @A_A
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    131 month ago

    2024 June 7
    (…) After three years of targeted exploration, REN calculated this week a JORC-compliant inferred resource of 559 million tonnes at 1.57% total rare earth oxides (TREO). This means that the Fen carbonatite complex contains 8.8 million tonnes TREO with a reasonable prospect for eventual economic extraction, the company said. (…)
    https://www.mining.com/rare-earths-norway-says-its-ree-discovery-is-europes-largest/

    • Atelopus-zeteki
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      91 month ago

      https://www.ga.gov.au/scientific-topics/minerals/mineral-resources-and-advice/australian-resource-reviews/rare-earth-elements “The group of metals referred to as rare earth elements (REE) comprises the 15 elements of the lanthanide series. Metals in the lanthanide series are: lanthanum (La), cerium (Ce), praseodymium (Pr), neodymium (Nd), promethium (Pm), samarium (Sm), europium (Eu), gadolinium (Gd), terbium (Tb), dysprosium (Dy), holmium (Ho), erbium (Er), thulium ™, ytterbium (Yb) and lutetium (Lu). In addition, yttrium (Y) and scandium (Sc) are often grouped with the lanthanides and referred to as REE.”

      • @A_A
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        11 month ago

        Very good yes … and since all these are quite valuable, this few million ton’s discovery is likely to be worth tens of trillions (€ or $)

  • @doodledup
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    101 month ago

    Can somebody explain what rare earth and metals we are talking about? Why does the article not mention that?

      • Skua
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        11 month ago

        Well RIP Norway I guess, seeing as it’s the world’s 13th biggest oil producer