- Swedish state-owned mining company, LKAB, has discovered more than one million tonnes of rare earth oxides in the northern area of the country.
- This is the largest known deposit in Europe.
- Currently, no rare earths are mined in Europe and it mostly imports them from other regions.
- Almost 98 per cent of rare earths used by the European Union were sent by China.
- Rare earth elements or rare earth metals are a set of 17 chemical elements in the periodic table.
Posted inInternational News