The Nordic Critical Raw Materials Availability Report Will Be Updated to Align with the EU’s Revised Listings of Critical and Strategic Raw Materials
In response to the latest development and the increasing importance of critical raw materials, the 2021 report on the supply potential of critical raw materials in the Nordic countries will be updated in Nordic collaboration. The report will be published later in the year 2025.
Commissioned by Nordic Innovation, the original 2021 report assessed the availability and demand for CRMs in the Nordic industrial ecosystem, providing key insights into securing raw materials for the green energy transition.
However, since then, Europe has revised its critical raw material priorities, incorporating a new category of strategic raw materials critical for defense and high-tech sectors. These updates have been formalized in the 2024 Critical Raw Materials Act (CRMA).
“This is an important theme that is relevant for the green shift and the bigger transition that the whole society is going through. The 2021 report was a significant success with a vast spread in industry and amongst other decision makers. We think it is important to take a Nordic approach and create an updated version now. We are grateful for the strong cooperation we have with the Nordic geological survey institutes and other participating organizations,” highlighted Sindre Stemshaug Bornstein, Managing Director, Nordic Innovation, in his opening speech at the Oslo Summit for Nordic Forum on Raw Materials.
Recognizing these shifts, the revised version of the report will reassess Nordic primary resource potential, placing greater emphasis on security aspects, including defense technology needs. By aligning Nordic resource data with the latest European developments, the initiative aims to strengthen regional self-sufficiency and resilience in raw material supply.
The study covers Finland, Sweden, Norway, Denmark, Iceland and Greenland. The material that is used in the study is based on separate data sources from each of the Nordic countries.
Together with Nordic Innovation, the combined knowledge in the Nordic countries is utilised in the report. The project is led by Geological Survey of Finland (GTK), and the following partner organizations are involved in the project: Geological Survey of Sweden (SGU), Geological Survey of Denmark and Greenland (GEUS), Geological Survey of Norway (NGU), University of Iceland (HI), Iceland GeoSurvey (ÍSOR) and Ministry of Business, Trade, Mineral Resources, Justice, and Gender Equality, Government of Greenland.
More information
Link to the 2021 report:
The Nordic Supply Potential of Critical Metals and Minerals for a Green Energy Transition
Alva Bruun, Project Manager
Geological Survey of Finland GTK
alva.bruun@gtk.fi
tel +358 29 503 0114
