Scott 20901 Posted January 12 Share Posted January 12 Europe's largest deposit of rare earths - which are used from mobile phones to missiles - has been found in 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. https://www.bbc.com/news/world-europe-64253708 1 Quote Link to post Share on other sites More sharing options...
vandeventer 7147 Posted January 13 Share Posted January 13 Great news Sweden, as this will make the world much stronger and less reliant on China. 2 Quote Link to post Share on other sites More sharing options...
Popular Post Tug 30938 Posted January 13 Popular Post Share Posted January 13 That’s wonderful news for the great people of Sweden their nation and the world! 4 Quote Link to post Share on other sites More sharing options...
rabas 8719 Posted January 13 Share Posted January 13 Good for Sweden. Although a million tons is significant for Europe, it's not huge on the scale of things. China's 44 million tons is just 38% of the world's total 116 mt reserves. The problem is more about complex and dirty refining. A quote from the article: 'The newly discovered raw materials may not reach the market before 10-15 years' time, LKAB mining company's CEO said. Permitting processes take time due to environmental risk evaluations. China dominates world production of refined REMs because of environmental issues, which are many. https://www.visualcapitalist.com/rare-earth-elements-where-in-the-world-are-they/ Quote Link to post Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.