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Norway

Norway is a Nordic country in Northern Europe, occupying the western portion of the Scandinavian Peninsula. Its capital is Oslo. The country has a population of about 5.5-million and operates a constitutional monarchy with a parliamentary system of government. Norway's economy is characterised by a mixed model combining free-market activity with substantial State ownership, particularly in strategic sectors such as petroleum, hydroelectric power and natural resources. The country is one of the world's leading exporters of oil and natural gas, with revenues from these sectors managed through the Government Pension Fund Global, one of the largest sovereign wealth funds globally. Norway is a major producer of hydroelectric power, which supplies nearly all of its domestic electricity needs and underpins its position as a leader in renewable energy. The country has pursued an aggressive energy transition strategy, promoting electric vehicles through tax incentives and subsidies, resulting in one of the highest per-capita adoption rates of electric vehicles worldwide. Norway is a member of the European Economic Area but not the European Union, allowing it access to the single market while retaining control over key policy areas. The krone (NOK) is the national currency, issued by Norges Bank. Norway's economy benefits from high living standards, low unemployment and significant fiscal reserves, positioning it as a model for resource-rich nations seeking sustainable development. The country gained full independence from Sweden in 1905 and has since developed into a prosperous, technologically advanced nation with a strong commitment to environmental sustainability and social welfare.

Norway News


Photo of Martin Creamer
On-The-Air (08/05/2026)
8th May 2026 By: Martin Creamer

Martin Creamer talks about hydrogen’s growing role in energy storage, a new refuelling station at North-West University, and the need to lower manganese rail costs. 


Nel ASA CEO Håkon Volldal and Nel CFO Kjell Christian Bjørnsen.
Hydrogen enables energy storage way beyond batteries, Nel emphasises
22nd April 2026 By: Martin Creamer

Electrolytic hydrogen enables long-term energy storage way beyond what batteries can provide, which is exemplified by a 200 MW hydrogen plant in the United States having larger storage capacity... 


head and shoulders shot of Paul
Demand-side reform seen as key to unlocking EV uptake
10th April 2026

Demand-side reform, rather than manufacturing incentives, will be critical to accelerating electric vehicle (EV) adoption in South Africa, says electric mobility company Everlectric chief... 


SAPPMA webinar highlights role of EPS geofoam in reducing loads on plastic pipes
SAPPMA webinar highlights role of EPS geofoam in reducing loads on plastic pipes
23rd March 2026

The Southern African Plastic Pipe Manufacturers Association (SAPPMA) recently hosted a highly informative webinar as part of its ongoing commitment to sharing objective, non-profit industry... 


Champion advances Norwegian iron-ore takeover deal
Champion advances Norwegian iron-ore takeover deal
12th March 2026 By: Creamer Media Reporter

Canada- and Australia-listed Champion Iron said on Thursday that it had secured acceptances representing more than 90% of the shares in Norwegian iron-ore producer Rana Gruber. Shareholders... 


The new casthouse opened by Benteler at the Raufoss Industrial Park in Norway
Foundry expansion to aid sustainable production
6th March 2026

Global metal processing specialists Benteler in December announced the completion of a comprehensive modernisation of its casthouse at the Raufoss Industrial Park in Norway. The expanded production... 


Minister Tim Hodgson at the PDAC Convention this week
Canada sharpens critical minerals pitch at PDAC Convention
4th March 2026 By: Mariaan Webb

Canada used the global stage at the Prospectors and Developers Association of Canada (PDAC) Convention to sharpen its pitch as a critical minerals superpower, unveiling new funding vehicles,... 


Rare Earths Norway says estimate of Europe's biggest deposit jumps 81%
4th March 2026 By: Reuters

An estimate of the mineral resources at a mine being developed by Rare Earths Norway, Europe's largest rare earth project, has soared by 81% since the last evaluation two years ago, the privately... 


Nevada tops annual global mining survey rankings, China ranks last
Nevada tops annual global mining survey rankings, China ranks last
26th February 2026 By: Creamer Media Reporter

Nevada is the world’s most attractive mining jurisdiction, while China ranks last, according to the 2025 Annual Survey of Mining Companies published by the Fraser Institute on Thursday. The... 


Release signs lease agreement for 21 MW solar plant at Motheo copper mine
12th February 2026 By: Sabrina Jardim

Release, owned by Norwegian renewable-energy company Scatec, has signed a seven-year leasing agreement with Tshukudu Metals Botswana, a 100%-owned subsidiary of Australia-headquartered Sandfire... 


Champion raises $100m to complete Norwegian iron-ore purchase
Champion raises $100m to complete Norwegian iron-ore purchase
5th February 2026 By: Mariaan Webb

ASX- and TSX-listed Champion Iron has completed a $100-million private placement of subscription receipts with Caisse de dépôt et placement du Québec to help fund its proposed acquisition of... 


Why S African megaprojects need independent sounding boards
Why S African megaprojects need independent sounding boards
7th January 2026

After R300-billion in cost overruns at State-owned utility Eskom’s Medupi and Kusile power stations, South Africa's megaproject governance model requires fundamental reform. 


The above image depicts University of Pretoria associate professor Giel Bekker
University highlights potential causes of transport project failure
12th December 2025

The common themes for project management failure in South African megaprojects are governance or procurement failures, corruption, equipment delivery delays, and legal and community issues. These... 


Swedish miner Boliden says it will spend less capital in 2026
5th December 2025 By: Reuters

Swedish miner Boliden plans to lower its capital expenditures to 15-billion Swedish crowns ($1.6-billion) in 2026, 500 million crowns less than it expects to spend this year, it said on Friday.... 


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pqt: 0.187s - ct: 0.242s - 227pq - 2rq
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