Europe’s Largest Deposit Of Rare Earth Elements Found In Sweden

Swedish mining company LKAB said on Thursday that it had identified significant deposits of rare earth elements in the Kiruna area in Sweden in what is the largest known deposit of its kind in Europe. After a successful exploration stage, LKAB found that mineral resources of rare earth elements in the area exceed 1 million tons of rare earth oxides. “This is the largest known deposit of rare earth elements in our part of the world, and it could become a significant building block for producing the critical raw materials that are absolutely…