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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Elroy Jetson1/12/2023 8:50:42 AM
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LKAB (Luossavaara-Kiirunavaara Aktiebolag), the Swedish government-owned mining company, has found a new deposit of more than one million tons of rare earth oxides in Kiruna Sweden, an amount equal to seven years of all global production. - lkab.com

Ebba Busch, Sweden’s minister in charge of energy and business, said that "electrification, the EU’s self-sufficiency and independence from Russia and China will begin in the mine.”

”We need to strengthen industrial value chains in Europe and create real opportunities for the electrification of our societies. Politics must give the industry the conditions to switch to green and fossil-free production,” she added.

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