S wants EU-wide price guarantee
Photo: Caisa Rasmussen/TT

S wants EU-wide price guarantee for Swedish mining minerals

The Social Democrats want the government to push for an EU-wide price floor for critical raw materials. This could increase supply in Europe and enable large mining investments, and thus create jobs in Sweden, both in existing mines and in new locations.

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- It's about investments that require a lot of capital, says Sofie Eriksson, one of the party's EU parliamentarians, at a press conference with S's energy policy spokesperson Fredrik Olovsson.

The dependence on China, in particular for access to rare earth minerals and for battery manufacturing, is high. A guaranteed minimum price, in the form of so-called CFD contracts financed by the EU, would increase the willingness to invest in Europe and thereby reduce dependence, according to S.

S also wants the government to work towards the EU establishing a minerals authority in Sweden.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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