The report “Critical Minerals Review of Norway 2026” published by the International Energy Agency (IEA) presents a comprehensive review of Norway’s approach to securing a stable and sustainable supply of critical minerals. The analysis covers Norway’s end-to-end approach, encompassing exploration, extraction, refining, recycling and downstream integration into advanced industries.
The report identifies several areas of strength in Norway’s approach. These include its substantial geological potential, its advanced innovation and recycling sectors, and its active participation in European policy frameworks. Furthermore, the country’s ambitions to advance battery technology, promote electric vehicle adoption and support the circular economy are noted as forward-looking and promising. However, the report also points to areas requiring attention, such as simplifying and expediting permitting procedures, increasing public funding and risk-sharing for mining and processing projects, and setting explicit economic targets and milestones for the sector.
The report concludes that Norway stands at a strategic crossroads. Decisive policy action, targeted investment in innovation, and enhanced stakeholder collaboration will be critical for Norway to secure its position as a leader in sustainable critical minerals supply. By continuing to align development with environmental and social objectives, and by strengthening governance and cross sectoral cooperation, Norway can support both its national economy and the broader transition to clean energy and digital technologies across Europe and beyond. The review summarises that Norway’s critical minerals sector is well-positioned to support the clean energy transition and industrial growth. By addressing the identified challenges and capitalising on its strengths, Norway can play a pivotal role in securing the mineral resources required for Europe’s green and digital future.
Access the report here