Opinion

Rare earths: The find in Sweden does not save us

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By Experts

Published: January 30th, 2023,
Last updated: May 28th, 2025

By Michael Reckordt
Michael Reckordt is a raw materials expert at PowerShift e.V.

It was one of the biggest news stories on Jan. 12: The Swedish state-owned company LKAB stumbled upon more than one million tons of rare earths while searching for iron ore, more than four times the current annual global production.

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Bergbau Raw materials Rare earths Sweden