Commodities of our target

Titanium - Ti

• Norway

Titanium is as strong as steel but much less dense. It is therefore important as an alloying agent with many metals including aluminium, molybdenum and iron. These alloys are mainly used in aircraft, spacecraft and missiles because of their low density and ability to withstand extremes of temperature.

Rare Earth Elements - REE

are earth elements are a group of 17 chemically similar elements that often occur together in nature. Although not rare in terms of abundance, their extraction and separation are technically complex. They are essential in modern technologies—used in high-performance magnets for wind turbines and electric motors, in display screens, batteries, lasers, optical fibers, and military systems. Their ability to enhance efficiency and enable miniaturization makes them critical for the future of green technologies and digital innovation.

Cobalt - Co

Cobalt is a hard, silver-gray metal used mainly in high-strength, wear- and heat-resistant alloys—important in aerospace, power generation, and tool manufacturing. It is also a key component in modern lithium-ion batteries, providing high energy density and thermal stability. Cobalt is used in magnets, catalysts, and for coloring glass and ceramics blue. Due to supply chain concerns and geopolitical risks, cobalt is considered a strategically critical material.

Niobium - Nb

Niobium is a shiny, gray metal with a high melting point, known for its strength and corrosion resistance. It is most commonly used as an alloying element in steel and superalloys, where it improves strength, toughness, and high-temperature performance. It plays a key role in the aerospace and energy industries-for example, in jet engines, gas turbines, and pipeline construction. Due to its conductivity and stability, niobium is also used in electronics and in certain superconducting applications.

Gold - Au

• Greenland
• Norway

Apart from its main use in jewelry - about 78% of the gold consumed each year is used in the manufacture of jewelry - it is also used in coinage, bullion. In electronics it is used in connectors, switch and relay contacts, soldered joints, connecting wires and connection strips. A small amount of gold is used in almost every sophisticated electronic device and of course in many components in computers.

Zirconium - Zr

Zirconium is a corrosion-resistant metal with a high melting point, especially resistant to acids and alkalis. These properties make it highly valuable in the nuclear industry-primarily as cladding for fuel rods, due to its low neutron absorption. It is also used in chemical processing equipment, specialized alloys, surgical instruments, and ceramics-particularly in the form of zirconium dioxide (ZrO₂), prized for its hardness and thermal stability.

Tantalum - Ta

Tantalum is a hard, gray metal with a very high melting point and excellent resistance to corrosion. It is primarily used in electronics—especially in compact capacitors and resistors found in mobile phones, laptops, and automotive systems. Due to its biocompatibility, it is also used in medical implants. Its chemical stability makes it suitable for use in chemical processing equipment and in the production of superalloys for aerospace applications.

Iron - Fe

Iron is one of the most abundant and essential metals on Earth. In its pure form, it is soft, but when alloyed with carbon, it forms steel—a material known for its exceptional mechanical properties. It is used extensively in construction, engineering, transportation, and energy. Iron is also vital for human health, as it is a core component of hemoglobin, which carries oxygen in the blood. In nature, it is commonly found in ores such as hematite and magnetite.

Tungsten - W

Tungsten has the highest melting point of all metals, making it ideal for use in extreme conditions. It is hard, dense, and highly resistant to wear. Its primary applications are industrial—especially in the form of tungsten carbide for cutting tools, drills, and milling machines. It is also used in electronics, such as in light bulb filaments and electrodes, and in military technology due to its density and armor-piercing capabilities. Tungsten alloys are also found in aerospace and space exploration.

Nickel - Ni

Nickel is a shiny, silvery-white metal known for its resistance to corrosion and oxidation. It is most commonly used as an alloying element in stainless steel and other corrosion-resistant alloys, which are vital in chemical processing, construction, energy, and transportation. Nickel also plays a crucial role in batteries—especially lithium-ion and nickel-metal hydride types used in electric vehicles and consumer electronics. Due to its stability, it is also widely used in electroplating and electronic components.

Chromium - Cr

Chromium is a hard, shiny metal best known for its outstanding resistance to corrosion and oxidation. It is most commonly used as an alloying element in stainless steel, enhancing strength, durability, and luster. It is also widely used in electroplating—known as chrome plating—for decorative and protective surface finishes. Chromium compounds are utilized in pigments, ceramics, and leather tanning. While essential in industry, chromium processing requires careful attention to environmental and health safety.