Sweden eases mining permits to cut China minerals reliance

Sweden could become an important source of rare earth elements needed for magnets and green technologies. Instead of extracting one target metal, researchers are cataloging everything contained in Swedish mineral deposits. They will then develop magnets using those naturally…

Sweden has declared the mining of critical minerals and rare earths a national security interest. This will ease and expedite the permit process. The government said the step was needed to counter dependence on China.