67 Swedish state-owned mining company LKAB on Thursday said it had identified more than 1 million tonnes of rare earth oxides in the Kiruna area in the far north of the country, the largest known such deposit in Europe. Rare earth minerals are essential to many high-tech manufacturing processes and are used in electric vehicles, wind turbines, portable electronics, microphones and speakers. “This is good news, not only for LKAB, the region and the Swedish people, but also for Europe and the climate,” LKAB CEO Jan Mostrom said in a statement. You Might Be Interested In UN Under-Secretary-General Applauds Angola’s Contribution to Peacekeeping Efforts Indian Government Takes Swift Action to Ensure Safety of Nationals in Crisis-Torn Sudan Sharp Slowdown: UK Inflation Eases to 4.6% ILO Launches Global Coalition for Social Justice and Decent Work to Foster Multilateral Collaboration Impact of Thailand’s Coalition on Cannabis Market European countries have no idea how to woo India
