Norge Mining has discovered 70 billion tons of high-grade phosphate rock in South-Western Norway, the world’s largest reserve, overtaking Morocco’s 50 billion tons situated in the Western Sahara. The company claims this is enough phosphate rock to supply global phosphorous demand for 50 years, the majority of which will go towards supplying the fertilizer industry while batteries and solar panels initially consume a minimal amount before growing over time as the green transition speeds up. The announcement effectively doubles the world’s proven reserves, previously thought to be 71 billion tons according to the US Geological Survey. The mine also contains significant amounts of both titanium and Vanadium, creating additional revenue streams for the company as well as interest from a…