Norway Just Broke China's Monopoly: The World's Biggest Discovery!?

Norway Just Broke China's Monopoly: The World's Biggest Discovery!?

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Norway, historically known for its oil and gas reserves, has made the world's most significant discovery of phosphate, a limited, life-saving mineral. This find effectively doubles the current global reserves, which are largely controlled by China and Morocco. Phosphate is key for plant and livestock growth, maintaining water quality, and is critical in creating titanium for military applications. It's also essential in powering lithium-ion batteries for the surging electric vehicle industry. With this discovery, Norway's mineral industry could revolutionize not just their own economy, but also the global markets. This video examines the implications of this discovery, its potential impact on different industries, and the possibilities it presents for the future. Subscribe and stay tuned for more updates on this world-changing find.
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00:00 Norway's lottery discoveries
01:33 Why is this discovery a big deal?
02:04 Applications in the military industry
03:03 Importance for EVs
04:01 When will the drilling start?
05:00 Ambitious refining plans