Huge rare earth metals discovery in Arctic #Sweden
No rare earths are mined in Europe at the moment and a Swedish minister hailed the find as a way of reducing the EU’s dependence on China.
The discovery is also being seen as “decisive” for the green transition, given the expected rise in demand for electric vehicles and wind turbines.
Some 98% of rare earths used in the EU in 2021 were imported from China.
Over one million tonnes are reported to have now been found in Sweden’s far north.
Read more at: https://www.bbc.com/news/world-europe-64253708