From food security to defence, project milestone ensures independence of supply chain at time of geo-political uncertainty LONDON, Sept. 9, 2024 - A mining project qualified to be fast tracked by the Norwegian Government is now set to secure critical and strategic minerals, (essential for food security, semiconductors, batteries for EVs, green technologies and defense), having achieved a major milestone which proves the project’s viability. With growth in demand but a reliance on a limited number of producers, such as China and Russia, the creation of a new integrated value chain for critical raw materials in Europe has become a strategic imperative.

Clean hydrogen, touted as a cornerstone of a future low-carbon economy, remains stunted by the formidable hurdle of high production costs. Despite its promise of reducing greenhouse gas emissions and providing a sustainable energy alternative, the economic barriers have impeded its widespread adoption and commercial viability. This persistent issue stems primarily from the intricate and expensive processes required to produce clean hydrogen, particularly green hydrogen, which is generated through electrolysis powered by renewable energy sources.