Go to content

Objective, Scope and Methodology


Oxidated copper on the walls of the underground copper mine in Roros, Norway.

Objective

The objective of this analysis is to deliver a comprehensive and holistic assessment of the Nordic mining and minerals sector, encompassing Denmark, Finland, Greenland, Iceland, Norway, and Sweden, within the broader global market context. By engaging with stakeholders across the entire value chain, the study aims to identify the sector’s strengths, weaknesses, risks, and opportunities. The goal is to provide actionable recommendations that promote strategic Nordic collaboration and enhance sector performance, ensuring a sustainable and competitive future for the region’s mining and minerals industry.

Project Scope

To achieve its objectives, the project encompasses mapping the current situation within the sector, highlighting key strengths, weaknesses, risks, and opportunities.
  • Value Chain Mapping: The study gives an overview of the value chain and examines current and emerging trends influencing future demand for mining and minerals, identifies the global owners across the value chain and the Nordics. It also assesses how the Nordic countries complement each other – or where they do not.
  • Strengths and Weaknesses Analysis: The analysis explores the major strengths of the Nordic region within the mining and minerals sector, as well as the principal challenges faced across the value chain at both the Nordic and broader European levels.

Project Methodology

This report is written based on both publicly available information that are referenced throughout the document and qualitative interviews with 35 stakeholders from the Nordic mining and mineral ecosystem. Interview candidates were selected based on multiple criteria to create a holistic understanding of the Nordic value chain. Participating parties include industry associations, geological surveys, exploration companies, mine operators, mineral processors, recycling companies, technology suppliers, and financial institutions as well as public institutions.