this post was submitted on 03 Jul 2023
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[โ€“] [email protected] 1 points 1 year ago (1 children)

tl;dr:

  • It's significant because the EU has phosphate on the list of critical raw materials
  • Norway deposit is estimated 70b tons at least, the biggest in the world
  • Phosphate is essential for fertilizers, car batteries and solar panels
  • The new reserves are supposed to last for a 100 years