NEWS

Secretary Antony J. Blinken and Norwegian Foreign Minister Espen Barth Eide at the Signing of a Memorandum of Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals

Category: Business News

Secretary Blinken stated that yesterday’s “signing of this Memorandum of Cooperation demonstrates a shared commitment to economic security in both a timely and tangible way. Developing secure, transparent critical mineral supply chains is essential if we’re going to achieve our global clean energy goals, but it’s also an essential aspect of our national security.” Read Full […]

Source: www.state.gov

Published: January 10, 2024

Rare Earths Norway Uncovered Largest Deposit in Europe

Category: Business News

Norway just struck a gold mine. Well, a rare mineral mine.  The Norwegian mining company, Rare Earths Norway, just uncovered the largest deposit of rare earth elements in Europe. The discovery has major implications not just for the company, which is certainly poised for a windfall, but for global geopolitics.  Rare Earths Norway found the deposit in the Fen […]

Source: Fortune

Joint Statement from the United States and Norway on Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals

Category: Business News

Today, U.S. Deputy National Security Advisor for International Economics Daleep Singh and Norwegian Minister of Trade and Industry Jan Christian Vestre signaled their intent to move forward with a U.S.-Norway Memorandum of Understanding (MOU) Concerning Cooperation on High-Standard, Market-Oriented Trade of Critical Minerals. The MoU is an important step towards further strengthening the United States […]

Source: The White House

Hydro opens new aluminium recycling plant in Cassopolis, Michigan

Category: Business News

On November 16, Hydro opened the Cassopolis plant in the U.S., 18 months after breaking ground at the site. The USD 150 million Michigan plant will produce 120,000 metric tonnes of recycled aluminium annually. Hydro is now producing aluminium with the lowest carbon footprint in North America. “With the U.S. experiencing a manufacturing renaissance, this […]

Source: Hydro

Halliburton acquires Norwegian tech company to enable DecisionSpace 365 reservoir modeling, optimization

Category: Business News

(WO) – Halliburton Company has acquired Resoptima AS, a Norwegian technology company that specializes in data-driven reservoir management. This strategic acquisition will integrate the industry-leading reservoir modeling and predictive analytics of Resoptima into the Halliburton Landmark DecisionSpace 365 suite. Resoptima provides technology solutions that enhance oil and gas operators’ ability to harness data for reservoir […]

Source: WorldOil