EU Backs Swedish Mining Projects to Boost Raw Material Supply

Three Swedish investments are among the selected when the EU lists 47 strategic projects to secure access to critical raw materials.

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EU Backs Swedish Mining Projects to Boost Raw Material Supply
Photo: Jonas Ekströmer/TT

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LKAB's extraction and processing of rare earth metals in Malmberget, Luleå, and the Per Geijer field in Kiruna, Talga's graphite mining in Vittangi, and Northvolt Revolt's recycling of manganese, lithium, graphite, nickel, and cobalt are included on the list presented by the EU's Industry Commissioner Stéphane Séjourné at a press conference in Brussels.

The idea is that the support will help Europe to be less dependent on imports from outside.

We must extract more and open more mines in Europe. And we must recycle more, says Séjourné at a press conference in Brussels.

The selected projects will have access to coordinated support from the EU Commission, member states, and financial institutions. Additionally, faster and simpler permit processes are promised.

"Improving self-sufficiency and reducing our import dependence is a priority. It will strengthen Sweden's and the EU's competitiveness," says Energy and Business Minister Ebba Busch (KD) in a press release.

In total, it involves projects in 13 EU countries, including six in Finland.

The EU Commission's selected projects are located in 13 countries: Belgium, Estonia, Finland, France, Greece, Italy, Poland, Portugal, Romania, Spain, Sweden, the Czech Republic, and Germany.

The raw materials covered include, among others, aluminum, gallium, germanium, cobalt, copper, lithium, magnesium, and manganese.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers

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