2025 Update on the report “Nordic Supply Potential of Critical Metals and Minerals for a Green Energy Transition”

Introduction

The project updates the Nordic Supply Potential of Critical Metals and Minerals for a Green Energy Transition report published in 2021. The original 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).

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. Additionally, the report will feature new insights, such as explore emerging areas like seafloor mining.

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 report is produced by the leading experts in the region. 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.

Partners:
– Geological Survey of Sweden (SGU)
– Geological Survey of Denmark and Greenland (GEUS)
– Geological Survey of Norway (NGU)
– University of Iceland (HI)
– Iceland GeoSurvey (ÍSOR)
– Ministry of Business, Trade, Mineral Resources, Justice, and Gender Equality, Government of Greenland

The coordinator of the project: Geological Survey of Finland (GTK)

Funding authority: Nordic Innovation – Nordic Council of Ministers

Contact person: Alva Bruun

Return to projects