Fen Complex, Telemark

Mineral rights in a strategic rare earth district.

REE Exploration AS holds Fensbukta 1-5 exploration rights around the Fen Complex, a rare earth mineral district in Nome, Telemark, about 120 km southwest of Oslo.

Rights Fensbukta 1-5
District Fen Complex
Location Nome, Telemark

Rare Earth Elements

What REE are, and why supply matters.

What are REE?

Rare earth elements include scandium, yttrium, and the lanthanides. They are used in magnets, wind turbines, EVs, electronics, optics, catalysts, and defence systems.

Light and heavy rare earth elements and their applications
Light and heavy rare earth elements and selected applications.

Current geopolitical situation

EU supply remains import-dependent and concentrated. Eurostat reported 12,900 tonnes of REE+ imports in 2024, with China the largest partner at 46.3% by weight.

EU rare earth elements imports by source in 2024
EU rare earth imports by source, 2024. Source: Eurostat.

Fen Complex

The project context.

Illustration of the ancient Fen carbonatite volcano
Illustration: Gea Norvegica Geopark.

History

Formed around 580 million years ago, the Fen Complex is the preserved root of an ancient volcanic system. The surface volcano has disappeared, but the deeper feeder system remains near Ulefoss and Lake Norsjø.

Geology

Fen is the global reference locality for carbonatites, unusual rock systems often associated with rare earth enrichment. This makes the area one of Europe’s most relevant geological settings for critical minerals exploration.

Today’s estimates

The wider Fen system is estimated at 15.9 Mt total rare earth oxides (TREO). The estimate includes neodymium and praseodymium, key rare earths used in permanent magnets for electric vehicles, wind turbines and advanced technologies.

Fen Geology Map

Mineral rights and priority geology around Fen.

Interactive Fen map showing mineral rights, ownership, and the Bærevann marker.

Bærevann Context

The Bærevann report describes the area as a possible plan area for mass deposition and industry linked to underground extraction. It also records major nature values that would require further planning, avoidance, and mitigation.

Work

What we are assessing.

01

NGI Report

Independent geophysical review completed for the Fensbukta licences.

02

Migration Model

REE-bearing fluids may have moved south from Fen along structural corridors.

03

Priority Zones

NGI suggests six priority zones in Fensbukta 1, based on radiometric and magnetic signatures consistent with potential mineralisation.

04

Strategic Position

Bærevann lies within this zone, adding relevance to the wider Fen development.

NGI radiometric and magnetic data for the Fensbukta licences
NGI review: radiometric Th/U data and magnetic vertical derivative mapped against Fensbukta licence areas and interpreted structural trends.
NGI six priority zones in Fensbukta 1
Six NGI priority zones in Fensbukta 1; zones 1-3 are highlighted as areas of special interest.

Who We Are

Company and team.

Team

REE Exploration is a cross-disciplinary team combining legal, operational, investor, technical, and business development backgrounds.

Contact

Project dialogue.

Send a direct enquiry to post@reexploration.no.