Sweden has discovered what is billed as Europe’s biggest deposit of rare earth minerals — a crucial component of electronics and clean energy technology — giving a significant boost to the continent’s hunt for trade security.
What are rare earth minerals used for?
Rare earth minerals are critical for the global clean energy transition, as they are components of the magnets used in electric vehicles and wind turbines — although recently some companies have developedLKAB’s find was welcomed in Europe, which has
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