Why Sweden’s Discovery Of Europe’s Biggest Deposit Of Rare Earth Metals Could Be A Setback To China

Swedish state-owned mining firm LKAB claimed to have found over 1 million tonnes of rare earth oxides. The rare earths were found in the Kiruna area in the far north of the country, the largest known such deposit in Europe. Rare earth minerals are essential in making electric vehicles, wind turbines, portable electronics, microphones and speakers. Watch the video to find out about the newly-found deposit.
#sweden #rareearthelements #china #rre #lkab #worldnews
00:00 - INTRODUCTION
01:21 - THE NEWLY-FOUND DEPOSIT
02:55 - DISCOVERY TO REDUCE EU’S DEPENDENCE ON CHINA?
04:52 - CHINA LEADING THE RACE IN RARE EARTH MINERALS
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[@chaosXP3RT]

So few people realize that the War in Ukraine is as much about Ukraine's independence as it is about EU energy independence from Russia. Before the war, the EU was Russia's largest customer of natural gas and oil. In 2013, huge oil and gas reserves were discovered off the coast of Crimea and in the Donbas. By some coincidence, in 2014 Russia annexed Crimea and a "Separatist Rebellion" started in the Donbas.

[@larszenthio1012]

I wrote that in an early post in March/April, that Russia was only interested in the oil/gas/coal deposits in Ukraine. That was dick-tator Putin's real intention when he laid his filthy hands on Ukraine. It turned out to be much more expensive and difficult than he thought, when he said: "Give us a week at most, and Ukraine is ours".

[@Mukation]

The funny thing is, if Russia had just been FRIENDLY then the EU would have given them everything and all of Europe would flock to trade with Russia and they'd be the "big boss" of the Euroasian continent that the walk around wishing they where. Imagine a Russis that joined the EU in the 90s? And made amends with it's past and became an ally? All the former soviet states would have kept good relations with them and students from europe would be going to Russia to study instead of britain or the US etc. All the pieces where there, but Russian culture simply doesn't accept other nations as equals.

[@martinmatte1518]

yes, it´s all about the land grab - Putin decided to grab the coal and oil first, there are also other resources in Ukraine, like neon and whatever - Sevastopol was another geo-political point, but no way Putin would have started this, just for the black sea dominance - especially if one knows, that Erdogan wouldn´t allow that to happen at all. When Ukraine demanded to join the EU, Putin knew he would lose a lot of exports, once Ukraine raises the trade with Europe. But what he got now? He basically destroyed the whole EU market for Russia and woke up his sleeping nemesis: Ukraine!

[@ros8737]

Yes, it’s basically an armed robbery. Back then, Russia stopped paying properly for running oil and gas to EU in pipes across Ukraine and is now killing a potential competitor for the EU market.

[@joebloggs430]

Oh it's way worse than that. The soviets knew of proven reserves inland around Donbas that currently would give Ukraine 50 years of gas reserves at current consumption, and under Mariupl there are proven deposits of 500,000 tons of Lithium. The gas would give Ukraine energy independence and a cash export to finance the development of the Lithium reserves and turn Ukraine into a global centre of excellence for Battery production. Why, did you think RasPutin was just murderous, stupid and greedy ?

[@not.likely]

God Bless the Swedish people and their European neighbours

[@Digmen1]

Now if only they could join NATO

[@SpiritualAudioChannel]

@@Digmen1 That's up to the turks.

[@Resistanceman4life]

Swede don't believe in God

[@silveriver9]

You mean humanity as a whole. Quit your narrow mindedness.

[@Zakaius]

Why must God bless them?

[@romanchomenko2912]

Just before the war with Russia, Ukrainians have found two large deposits of lithium carbonate the largest in Europe by a Australian company the Chinese were also sniffing around. Ukraine has over 12 trillion dollars worth of mineral resources.

[@VFella]

Another reason why the Chinese are not interested in Putin's war. Yet they need to save face.

[@neonblitz2714]

Oh!!! Now we know why Russia is fighting like there's no tomorrow

[@lebohang8405]

That explains Americans involvement in Ukraine and their generous arms budget. On the other hand it is clear Putin knows about this. Unfortunately this is not going to go the Syrian stolen oil route for the US. Russia is capable and willing. A big miscalculation

[@johnpapworth433]

Not forgetting the oil and gas deposits as well

[@deanfirnatine7814]

Yep, sure that had something to do with the war, just added reason for Putin

[@kirankilgannon8987]

Well done Sweden

[@akkubaba]

I thought they had a deposit in Inner Mongolia which was about 800 million tons, the second largest deposit was recently found in Turkey which is about 700 million tonnes. This one is comparatively modest

[@hitrapperandartistdababy]

Oh this is very good news! Glad to hear our nordic brothers had such a discovery! This is gonna be good for Europe

[@a24396]

Here's the thing: "Rare Earth's" AREN'T "rare" except from how often they are found with high concentrations of thorium. And because thorium is radioactive and has no current commercial use it's considered to be a waste product. This is why most countries don't exploit their Rare Earth's, they also have to deal with radioactive waste.

[@Yuki_Ika7]

Thorium can be better for nuclear power but we just don't use it sadly

[@a24396]

@@Yuki_Ika7 Absolutely! And that myopic policy decision has left us held hostage by china, a country that is willing to deal with the thorium "waste." It's why the processing is so often cheaper in china than in domestic refining and purifying plants.

[@thakuranuraganand738]

as long as europe bleeds .. everyone is happy

[@nsevv]

Aren't people working on thorium powered nuclear plants?

[@a24396]

@@nsevv They are, and it's why treating thorium as "waste" make no sense when soon it could be used as fuel. But... Our energy policy is as broken as our Rare Earth's policy is...

[@gluteusmaximus1657]

Good news! Now we have to build facilities to produce the much needed micro-chips in Europe. This will the EU make more independent from the production in far-east!

[@M1General]

Hell yeah!

[@alexbakker8785]

Theres already ASML in the Netherlands :)

[@gluteusmaximus1657]

@@alexbakker8785 That's true. Better to have some more.

[@andyduhamel1925]

Germany already produces a large number of "high quality" control unit chips, the expertise is here, France is moving its pharma production back from the east so why not?

[@williamtell5365]

Micro chip production relies on both certain rare earths and the technology. The rare earths have been a worry. As for the technology, that's largely been US/Japan/Korea/Germany and produced under license in other countries.

[@williamtell5365]

China has been relying on this card for its economy. But it's a failed card. These metals are certainly mostly discoverable in many other parts of the world, it's just a matter of time.

[@Furanshisuko170]

The world's economy depends on Chinese goods they can trade almost everything while US only weapons so no.

[@williamtell5365]

@@Furanshisuko170 the world does depend on Chinese goods. Don't kid yourself. Almost everything China makes can easily be made elsewhere. And likely will be soon

[@Furanshisuko170]

@@williamtell5365 will be soon?China is still by far the world's number 1 trading partner. The map and stats shows it.they owned 7 of the 10 biggest port in the world,China is the world's wealthiest country since 2022 120 trillion wealth, and most countries in the world has debt to China including your papa US the biggest debtor to China 1.08 trillion debt. Indian News are always bias when it comes to China because they can't compete. One year of China economy grows the size of total GDP of India.

[@williamtell5365]

I expect India to pass China in several decades, yes. As far as per Capita wealth, China has no chance of ever catching up with, say, Japan

[@richardoturi5139]

@@williamtell5365 do you remember 20years ago When China wasn't even among the top economies in the world But now they are. So keep underestimating China while they get bigger and better in the next 20years

[@snapdragon6601]

That's great news for Sweden, the EU, and NATO. 👍

[@nissekarlsson3172]

I will say tge entire world, this will affect the globe climate and even the evil nations that plans to live here will eventual be forced to abandon oil and gas as their main fuel...

[@yannickille4049]

@@nissekarlsson3172 the entire galaxy

[@len2063]

If they find minerals for battery use, then the existing battery factories in Sweden would have a close source. Then charge the batteries with power from green energy sources will create the most environment friendly battery in the world.

[@tonicjack9823]

There is nothing environmentally friendly about a battery, any battery.

[@mrSkandalpolisen]

This has nothing to do with batteries. The minerals discovered are foremost iron, phosphorus, neodymium and praseodymium. None of these minerals are used in batteries. Phosphorus is mainly used in agricultural fertilizers. Neodymium and praseodymium is mainly used in super magnets in electric motors and generators. The main component of this specific ore find is iron (up 70% iron in the ore).

[@len2063]

@@tonicjack9823 Not if you use it one time and than throw it in a landfill. But if you recharge your EV 7000 times instead of fill up your combustion car 7000 times.....

[@len2063]

@@MessyTimes I don't think it's 15 year away because the are mining iron very close.

[@ianharvey3696]

@@len2063 on the other hand if you fill up your combustion car you can actually GO somewhere and it'll take 3 mins to refill!!!

[@mikethespike7579]

Europe is a treasure trove of natural resources, not just rare earths. Some of the most valuable mineral deposits arr in Europe. It's just that it's cheaper to buy all this stuff from other parts of the world. That might change now that Europe has learned that independence is also a valuable asset.

[@pipoypipoy9761]

Africa has to much natural resources. EU colonize and exploitated Afric.a

[@pipoypipoy9761]

Africa has to much natural resources. EU colonize and exploitated Afric.a

[@mikethespike7579]

@@pipoypipoy9761 Africa is ten times as big as Europe, of course it has ten times as much natural resources. Yes, Europeans once a long time ago colonised Africa. Many parts of the world, including Europe, were once colonised by people from other parts of the world. We in Europe got over it, maybe it's time you in Africa did the same.

[@MessyTimes]

What an exciting observation. Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@bambino8505]

@@MessyTimes Greenland is European

[@drrichardwiesenhuber]

That's good news!

[@coreyham3753]

Good news for Sweden and the world. Why would it take so long to develop the mining and production of these ....many years?

[@Bk6346]

Rare earths are everywhere. It’s the processing where China has the monopoly.

[@infatum9]

It's not just about discovering and mining rare earths, but processing that is the hardest. There was a film showing it was cheaper to ship U.S. mined rare earths to China and process it there and ship it back again than doing it within U.S. Hence, some of rare earths processing factories simply got closed.

[@A2Z1Two3]

More muddled short term thinking from the West. The more reliance you have on the East , the more vulnerable you become.

[@marksnyder8022]

I dare say it would be looked at now as feasible (and militarily necessary) to start processing them in the US. Tesla built their gigantic battery factory near the lithium deposits, if I'm not mistaken.

[@wellokthen720]

@@A2Z1Two3 Its due to environmental regulations that made rare earth processing to expensive in the US. Processing these minerals creares alot of toxic sludge. Only China doesnt care about environment so its magnitudes cheaper to process there.

[@andyduhamel1925]

@@wellokthen720 And as a consequence 86% of Chinas surface water is contaminated to some degree, with a spike in cancer rates along these processing corridors. Chian having just 7% of the worlds fresh water, is now in dire straits.

[@wumaobot]

@@andyduhamel1925 and Sweden next

[@zontarr8812]

Lets' just agree that EU hold it's cards really close to chest, in few years they will miraculously discover new deposits in other new EU countries, but not now.

[@zontarr8812]

@@MessyTimes I am not following any conspiracies, I know stuff.

[@zontarr8812]

@@MessyTimes "stuff" that was cancelled or never approved, "secret" in that way, this is KZbin Mr CEO is no forum, is no debate here, just comments. And no I dont want to give any pointers especially to a mining CEO that know it all already.

[@MessyTimes]

@chronicreader Relax, brother, all geographical definitions are man-made, anyway. None of the Greenlanders I know think they are "North American." They identify as Greenlandic first, and maybe as Europeans because of their legal ties. Not once have I heard anyone in government or not say they are part of North America. Beyond that, so what?

[@leifandersson8754]

Now Europe will be self sufficient for these minerals and don’t need to bother about China and Russia.

[@mkodyChallengesYOu]

And Africa I hope Everyone to their own devices

[@thakuranuraganand738]

if europe had bothered to be historically self sufficient ... half the world's problems wouldn't exist

[@MohitKumar-jf8lz]

@@thakuranuraganand738 and none of the inventions would have been made. Everyone was killing each other.

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@gilbertroberttuahuru4715]

Oh how i dream of making finds like the rare earth metals WOW 😳 amazing to the Swedish government.

[@julienjeanmuller]

Let's goooooo. That plus the US breakthrough in fusion energy is great news. 🔥🔥🔥🔥

[@codaalive5076]

Maybe in a few decades at best.

[@ryandarrah4247]

That’s never once been an issue. Usa has plenty all over. The problem is it’s currently a money losing business competing against China. It’s about material processing and western regulations that china forced the west to adopt through esg etc.. make it impossible to be remotely competitive

[@MessyTimes]

We are about to fix that. Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@samwisegamgee289]

its mostly about slave labor in china

[@myselfandeye3884]

The Kumars and Dmitri's in these comments all in their feelings because they thought Europe was going to freeze. Well that didn't happen. Then they thought Europe was going to be dependent on China for ree's and now they hear this. 🤣😂 Love to see it.

[@valhallaiamcoming1376]

😂

[@Kevin-fq3zh]

the kumars are freezing in an unseasonably cold south asian winter with an accompanying thick smog over much of delhi now haha

[@DiviAugusti]

Toilet envy.

[@Bk6346]

The USA has rare earth as well but they allow the Chinese to do the processing. It is a messy business and not environmentally friendly.

[@benjaminvanderlund9522]

what are you talking about? many are freezing, maybe your state owned news site isnt writing about it?

[@carl9901]

As a swede I'm very exited about the prospect of extracting new useful material for sustainable energy transition. However, 10-15 years for this specific deposit? and what is phosphorus and flourine even used for? China already CURRENTLY controls most cobalt mining in the world which I think is almost exclusively in congo. China also has most of the lithium refining. From what I've heard on the interwebz EVs and battery storage facilities use mostly iron, nickel, lithium and cobolt, no?

[@begraa]

With Swedish environmental laws, it takes at least 15 years before the first sod is turned, and has then cost billions in Swedish bureaucracy.

[@andersengelin2958]

Not this time. New goverment now.

[@Hmonks]

Better technology and new strategies have dramatically reduced these set back, now China can cry…

[@cloudstrike4067]

Well with the current global politics, I guess it will be more faster than before..

[@mrSkandalpolisen]

@@andersengelin2958 Everything presented in this video are old news from when the previous goverment period. The new extraction plant were planned and presented for the former government. The new iron ore lode was discovered several years ago and has been investigated for it's content and feasability, all during the former government. All plans and permits so far has been approved by the former government (including the long term plans for LKAB Kiruna site). In fact, everything said in this video was published by LKAB and the former government allready in march 2022. The only actual contribution so far by the current government in this specific matter is that they have made the plans and the discoveries top news world wide by locating the first meeting of the Swedish chairmanship of EU to Kiruna and promoting these reused news during this meeting. Lots of international press were allready in Kiruna for the EU meeting and in true Ebba Busch manner, why not use the opportunity look good in the limelight. This is Ebba Busch's favourite game, make things look like it's her accomplishments.

[@wumaobot]

@@Hmonks mind if i ask what is the newest and better technology and who owns it?

[@DEFENDER-lx2hs]

Wow this going to upset the Chinese:)

[@bradb33]

Shhh you'll get shadow banned !! Lol

[@DEFENDER-lx2hs]

@@bradb33 Laughs.great news though.lost our dependance on oil and now this,its a wonderful day.

[@Bk6346]

Rare earths are everywhere. Australia has rare earth. The USA has an rare earth mine in Mountain Pass California. But the USA sends the rare earth ore to China for processing. Processing is still a messy business with the toxic chemicals and it also mildly radioactive because of trace amounts of uranium and thorium. You think China is going to get upset because it is hardly a profitable business and negative environmental impact?

[@MessyTimes]

Not so much. This piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground, according to their CEO: *"“If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market. And then we are talking about Kiruna, where LKAB has been mining ore for more than 130 years. Here, the European Commission’s focus on this issue, to secure access to critical materials, and the Critical Raw Materials Act the Commission is now working on, is decisive. We must change the permit processes to ensure increased mining of this type of raw material in Europe. Access is today a crucial risk factor for both the competitiveness of European industry and the climate transition,” says Jan Moström."*

[@rogerward9492]

Congratulations Sweden

[@rogerward9492]

@@MessyTimes interesting didn’t know about that, Greenland and Sweden are great countries, I go to Sweden two times every year, the people are really friendly.

[@_loss_]

@@MessyTimes the size of the deposit isn't known. We know is a minimum of one million tonnes in mass as of now. The estimates are larger.

[@codaalive5076]

They will never allow toxic reprocessing, same in Germany with huge deposits of lithium. They tried to get it from Serbia instead but they sent them home :)

[@Chuck_Hooks]

Excellent timing for Sweden to soon to be joining NATO.

[@dijoyjoe]

💯

[@wolfvale7863]

We can finally develop "Green" missles!😁

[@dijoyjoe]

@@wolfvale7863 yeh man, there gonna be full of love and light 🙄😉

[@wolfvale7863]

@@dijoyjoe They bio degrade instantly! 😂

[@jage6126]

because of the turk dictator, we wont

[@Rolf-farmedfacts-supervisor]

No more chinese monopoly!

[@dianemartinis2801]

I'm sure Russia isn't too happy about the find. Congrats to Sweden and EU for their future economics.

[@mikicerise6250]

Sweden part of Russia!

[@howiescott5865]

@@mikicerise6250 Sweden is closer to NATO than Russia and Russia may soon be a part of China.

[@mikicerise6250]

@@howiescott5865 What you say!? WHAT YOU SAY!? I keeeeeeeel!!!!!

[@dennisestradda9746]

@@mikicerise6250 sure buddy 😆

[@ajaykumarsingh702]

Look at the size of Russia first. Russia has probably a thousand times more of these minerals.

[@begraa]

Med Svenska miljö lagar tar det minst 15 år innan första spadtaget sker och har då kostat miljarder i svensk byråkrati.

[@kavithakrishnanshow]

Det stämmer

[@MetaView7]

Why would the discovery rattle China? ?? China did not try to corner the market. The Chinese are meticulous planners and long-term players. They secured the ores for their industrial supply chain way before the west cared about the need. Furthermore, "rare earth" is a misnomer; it is not really that rare. It is the ability to process the ore that is rare.

[@josa3502]

This is fantastic for the whole Europe.

[@stemartin6671]

The name over that mine entrance had me laughing like an immature fool lol 😂

[@boek2777]

Most of the information in the video was known 20-30 years ago. Sweden was however ruled by the Greens until September 2022 and they preferred to buy from Kongo and China. One politician actually said that we shouldn't mine for these resources because reindeers might fall into the hole/mine! We/Sweden has mined for iron and copper in this area for 500 years. The gold we accidentally unearthed (about 8 000 kg in 2020) wasn't mined for but was a nice bonus. The rare earth minerals was/is illegal to mine for, so those was treated as waste when mining for mainly iron. The Greens is nowadays without power so this will hopefully change (Greta lost power). The Uranium 'discarded' would power 100% of Sweden for minimum 500 years with today's technology and the magnetite (magnetite is used to make magnets for wind turbines..) is in such great amounts that we couldn't use it all. Kobolt (needed for batteries) is really unsafe to handle and is hence imported from Kenya. They have about 400 000 people using their bare hands mining the stuff. Sweden has a shit load of Kobolt and Lithium ore excavated since about the ninth century. If we actually go after those resources, we would swiftly find enormous amounts. That a HUGE finding exist slightly south/south west of Stockholm isn't mentioned (about a one hour drive) because the people in that area are rich and belongs to the political left. I don't remember the numbers but Sweden has more than enough resources to join NATO even with Turkey saying NO!!!

[@lostlogic6911]

Who would've thought that using resources as bargaining chip is never going to work?

[@keithm6117]

Any reduction in trade with China is a positive result, this needs to be expanded on with utmost urgency.

[@MessyTimes]

If by urgency, you mean 20 years..... This piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground, according to their CEO: *"“If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market. And then we are talking about Kiruna, where LKAB has been mining ore for more than 130 years. Here, the European Commission’s focus on this issue, to secure access to critical materials, and the Critical Raw Materials Act the Commission is now working on, is decisive. We must change the permit processes to ensure increased mining of this type of raw material in Europe. Access is today a crucial risk factor for both the competitiveness of European industry and the climate transition,” says Jan Moström."*

[@AkulaSpawn]

Doubtful. China can mine these cheaper and easily. Europe cannot match that.

[@qwertyqwerty-zi6dr]

It s about not to be dependent on China lmao

[@howardsimpson489]

China has polluted so much ground water with "legal" excess pollution that it may not be capable of refining anything in 15 years.

[@frankpeng2448]

Rare earth is everywhere. The processing is what made things difficult for many countries. There a few industries in the world where you need highly skilled workers, high technology and large capital while at the same time have a lower profit margin than a low value added resource mining industry. Rare Earth processing is one of them. Another one is semiconductor fabrication.

[@CatScanJim]

It seems that Murphy's Law will replace the Lion battery with something else in 10-12 years when they finally get to the ore.

[@howardsimpson489]

The rare earth is not lithium, it is neodymium. Newest EV motors are reluctance motors, do not need rare earths, just copper and iron.

[@jed-henrywitkowski6470]

A study, by I think the University of Arizona showed that there are significant rare Earth mineral stocks and deposits in the United States of America. However, the EPA has played a significant part in ensuring that these, ironically not rare minerals that are important to national security are all but illegal to mine and process as well as what can be done, being prohibitively expensive.

[@jaymac7203]

Ah yes just what I always want from a video to read a damn essay 😭 lol

[@rhino_force7679]

your culture is low.

[@mikicerise6250]

me no no how read what he say?? you cans make pikture????

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@jeromevincente7797]

Western Australia and the outback probably has insurmountable deposits of rare earths yet to be deposited. They already have the largest deposits of Lithium next to Perth. The outback with the large land mass probably has been a ‘sunk’ for asteroids and meteorites for hundreds of millions of years. Australian Government should incentivize mining in these areas using satellite imagery and other means.

[@Tam0de]

Never thought fart could be groovy.

[@huyvu6613]

The country that has natural resources should keep the rights and not sell to other countries. The citizens deserve the benefits not politicians.

[@tannerpotter2494]

Rite on Sweden 🇸🇪 congratulations from Alaska

[@nothingnew8292]

early days yet don't even know the grade/quality of it.

[@titanblooded6222]

Not from my understanding. Rare earth metals are not all that rare. They just are not refined into useable products. Unless EU is investing in some refining capacity. It wont matter

[@minimaxmiaandme.4971]

Great news Sweden, good for your economy and good for the rest of the EU and North America.

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@oleggoldberg5206]

Nothing could be more seminal or timely

[@patricklindahl868]

If we will be dependent on China any longer for these minerals? No worries, China will buy the mining company LKAB and dig up the minerals for us! 🤣

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@discoveringthegardenofeden7882]

No. It is only five years of the equivalent Chinese production. Which of course is a humongous quantity, but does not lead to independence. It does give Europe time to find additional deposits.

[@MessyTimes]

This piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground, according to their CEO: *"“If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market. And then we are talking about Kiruna, where LKAB has been mining ore for more than 130 years. Here, the European Commission’s focus on this issue, to secure access to critical materials, and the Critical Raw Materials Act the Commission is now working on, is decisive. We must change the permit processes to ensure increased mining of this type of raw material in Europe. Access is today a crucial risk factor for both the competitiveness of European industry and the climate transition,” says Jan Moström."*

[@discoveringthegardenofeden7882]

@@MessyTimes Yes. Red tape. Nevertheless France is opening a lithium mine in 2027(-ish) and Germany returns to brown coal. The war with Russia, the tensions with China, USA's readiness to ignore WTO rules, the risk of losing preferential access to African ex-colonies all are reintroducing the need for a continental realpolitik. The European Countries individually and EU institutions are acting quite remarkably fast. Let us be somewhat bullish regarding this trend and hope the Green utopians are pushed out of a majority of European governments now that their energy, resources and climate policies of the last decades have demonstrated to be poverty inducing, overbearing, detrimental to international relations (bullying with hollow ethics/climate/rights discourse) and counterproductive (and that is a euphemism).

[@rosshilton]

You need two things to be successful in menerals and rare earths: 1. Access to easy to win minerals 2. Access to cheap energy to refine and process the raw minerals. The EU has neither.

[@Eagle-nq2mv]

Good for Sweden.

[@andyduhamel1925]

Back in 2003 the LSE issued a paper predicting what we are now seeing, Chinese belligerence in regards control of REEs, it appears no one listend or wanted to see the looming mess.

[@MessyTimes]

Plenty of people listened. No one bothered to tell you. Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@IrfanVlogZ01]

China be like time to claim the place

[@nightwaves3203]

I get a laugh out of her saying it's a green transition. Who are they going to ship the ores to for refining so they don't pollute their lands? This is going to be funny to watch. Maybe shipping to China for refining then say China loses green points for refining Sweden ores hehehe.

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@temijinkahn511]

Rare earths are not rare. They are expensive to process into usable form and the process can be very polluting. China subsidizes the processing of their rare earths with very few pollution controls. This keeps the price down so that other companies couldn’t make a profit in other locations around the world. The west needs to put a tariff on Chinese rare earth products to bring its cost in line with production in the rest of the world.

[@MessyTimes]

True, but that is changing with improved processing. Good for the Swedes, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@temijinkahn511]

@@MessyTimes Great points! I think the world learned a lesson with what Russia pulled with their energy to not become dependent on one source of any key material.

[@lebohang8405]

Great for Sweden. 90 % percent of the processing of rare earth minerals is done by the Chinese in China. I hope Sweden is not party to current sanctions against China by the EU, otherwise there's serious diplomatic discussions to be had

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@Sam_Guevenne]

@@MessyTimes You really focused on the whole Greenland thing huh?

[@MessyTimes]

@@Sam_Guevenne kzbin.info/www/bejne/aKOmq4FvjLWgnc0

[@johnihtbrt1307]

Sweden is also the name of my friend. Rare Earth can use for many purposes. May be can be found in Indonesua too.

[@rayoflight62]

The majority - if not all Nations mining rare earths - do send them in China, for extracting the metals and separate them. The process of extraction of each rare earth from the ores is not complex per se, but it is tedious and toxic, and requires a lot of environmental safeguards because the waste product must be properly managed. It can take few years to setup a proper rare earth processing plant, especially in presence of strict environmental regulations. I truly hope Sweden overcome all the hurdles and start producing yttrium, praseodymium, erbium, lanthanum, etc. very very soon Regards,

[@thakuranuraganand738]

good luck to things costing 4 times in europe while the world gets them for cheaper

[@howardsimpson489]

You forgot the biggest player, neodymium.

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@johnjdumas]

I hope they construct geothermal plants as a by-product of this mining. We have been very wasteful; most activities could be multipurpose.

[@jimwrightbe]

Very interesting topic and stylish presentation but the format is annoying once it is familiar. It takes patience and focus to follow and I lost it less than half way through.

[@johnsavard7583]

Actually, this discovery shouldn't affect China at all. There are already plenty of mines that can produce rare earth metals outside of China; they're quite common. They produce mischmetal for cigarette lighters. What China has a monopoly on are the refining plants that separate the individual rare earth elements. To end the Chinese monopoly, building such plants outside of China is what is needed, not more of the raw mineral, of which we already have plenty.

[@hrsmrt9292]

Build the quarry right there, got buncha ores, refine a metal right there so you can sell it at higher price good.

[@expertrenovationservices6221]

I was a geologist for 18 yrs. for a gas exploration co. & worked all over eastern Ukraine. I have maintained from the beginning (2014) that this war was only about putler securing Ukrainian energy & mineral rights & warm water ports. This war has nothing to do with the "poor russian speakers in the Donbas" or "ending NATO expansionism" or "liberating Ukrainians from nazis". This war is about theft of natural resources. Good work, Sweden!!! Slava Ukraini!!!

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@expertrenovationservices6221]

@@MessyTimes good to know. The less leverage China has on technology development, the better. IMHO.

[@codaalive5076]

Germany was sniffing for Serbian lithium but Serbs decided they should use their own. Of course Germany don't like idea to do this in their own country, it is too toxic for them :)

[@efone3553]

This is huge we have to reduce our dependence on strategic adversaries such as China and Russia for these crucial elements. The problem here is it might be very expensive. I hope not.

[@alejandrosotomartin9720]

Sorry China, but Sweden is on Europe team.

[@SC-hk9so]

This is great news, I hope it cuts into the worlds dependance on China drastically. This could greatly help the US in becoming a semi conductor giant.

[@richardoturi5139]

I think to become a semiconductor giant you have to actually make them And seeing the many disadvantages the US has such as unskilled personnel You can give them the world but they will still send it back to China to make the chips China is not better than the US in chip making only because they have the materials to produce them but also because they have the skilled personnels and logistics And that can only happen by paying more attention to your country rather than trying to destroy another.

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@MessyTimes]

@@richardoturi5139 Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@codaalive5076]

They will never allow toxic reprocessing, same in Germany with huge deposits of lithium. They tried to get it from Serbia instead but were sent them home :)

[@akkubaba]

I thought they had a deposit in Inner Mongolia which was about 800 million tons, the second largest deposit was recently found in Turkey which is about 700 million tonnes. This one is comparatively modest at 1 million tons

[@checkyoursix5623]

Perhaps geologists should take another look at Minnesota's 'iron range' . . .

[@UpRisingDown]

my hometown. never going back. live in a freezer 6 months before u deside to work there. also 0 chance to find anything to rent or buy. and only leftover grls. the best ones moved.

[@MessyTimes]

The best girls always stay in the freezer. You just weren't attractive. :) This piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground, according to their CEO: *"“If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market. And then we are talking about Kiruna, where LKAB has been mining ore for more than 130 years. Here, the European Commission’s focus on this issue, to secure access to critical materials, and the Critical Raw Materials Act the Commission is now working on, is decisive. We must change the permit processes to ensure increased mining of this type of raw material in Europe. Access is today a crucial risk factor for both the competitiveness of European industry and the climate transition,” says Jan Moström."*

[@_gungrave_6802]

I'm assuming this deposit contains Lithium which arguably will become far less worthless in the future once solid state batteries aka SSBs become more standardized in various industries. With SSBs they're far easier to make(no rare earth metals like lithium), cheaper, and they don't take upwards of nearly a year to make like Lithium batteries do.

[@codaalive5076]

When? Probably in 30 years or more, like fusion in 100 :)

[@omenbrassmonkey]

Lithium is not a rare earth metal

[@codaalive5076]

@@omenbrassmonkey It is toxic for reprocessing, mining is another troubles Germans having large lithium deposits rather avoid and get it from 3rd world countries. Serbians have thrown them out of the country when they wanted big lithium mine and reprocessing plant in the most fertile part of the country.

[@dominushydra]

BIG 🤑💰

[@BurntheKremlin966]

Activistes will bug it!!

[@jage6126]

spot on

[@joebloggs430]

How much is a house worth now in Crimea ? I hear there are a lot of Russian sellers but not many buyers ? Why is that ?

[@piait.yunususkywatcher2977]

You think maybe be is what?

[@gondorianslayer4250]

War has always been about resources.

[@Habibqhaderi]

Exactly Exactly Exactly 95% people don't know about the you and I are the only 5% that we know the truth of war in all the entire planet.

[@rovanopong9613]

Next time Sweden will be discovering Trolls.

[@codaalive5076]

Germany also found large deposits of lithium but decided to import it from other countries, getting it at home is of course to toxic. They tried in Serbia who told them to get it at home :) Sweden might do it but i think this news are another distraction from what is happening in Ukraine, delivery of tanks, rising prices, recession, etc.

[@simo-dv5xk]

REM or REE are not rare. They are scattered all over the world. What is important is finding a single deposit that is large enough to actually make it economically viable to mine and make a profit from it. Also, the processing of them is highly toxic and requires strong acids to separate the REM/REE from the ground soils, and the by-product is very damaging to the environment. Will the Lefties in Nordic land allow this on their own lands>

[@MessyTimes]

Correct. Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@jeremiasfronda108]

Wonderful significant discovery of rich natural resources,a blessing.

[@seanlander9321]

So Sweden has three years of world supply of rare earths. Whoop-de-doo.

[@Sam_Guevenne]

1 million tons is not three years

[@joem0088]

Please explain why this should bother China. Japan digs up lots of rare earth elements but the ore is all sent to China to process. Many countries dig up Uranium but send to China and Russia to enrich into fuel. Same is true for rare earth.

[@normdyer94]

Time to develop Vietnam as a primary source. Help it become an economic engine in direct competition with china.

[@Zetler]

Sweden, we’re rich! We’re rich!!!!

[@Fond0fBlondes]

Not an informative video. Lots of speculation. If Sweden can only start producing rare earth materials in 15 years time, then either the deposit is too difficult to mine or it is too expensive to mine. America is in a similar situation where it is cheaper to buy it from China than to mine and process the rare earth materials in their own country.

[@pernilsson9749]

And by the way. The picture with the brownish piles. Its iron ore!

[@Luke-hm9vh]

I am happy for Europe countries to explore their own recourse 😁 faster the better. So we can import raw materials from Europe.

[@beccalynnborders3034]

MY WRIST IS HEAVY!!🤣🤣🤣

[@pholdway5801]

Britain might have its own one Mine it. But first of course find it or them.

[@ON-YT]

And Sweden gets a sovereign wealth fund just like Norway.

[@laurenceglynch7622]

I hope so!

[@MessyTimes]

Keep hoping. Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@codaalive5076]

They will never allow toxic reprocessing, same in Germany with huge deposits of lithium. They tried to get it from Serbia instead but were sent them home :)

[@fglatzel]

The civilized world must reduce it's dependency on China and Russia. Having rare earth deposits in Europe is a game changer.

[@ajaykumarsingh702]

It's not that big of a deposit. And certainly cannot fuel Europe for the next thousand years. Africa and Russia have the land. Their resources are far greater than the entire Europe.

[@fglatzel]

@@ajaykumarsingh702 Every ton they don't have to buy from the enemies, is a win for Europe.

[@MessyTimes]

This piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground, according to their CEO: *"“If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market. And then we are talking about Kiruna, where LKAB has been mining ore for more than 130 years. Here, the European Commission’s focus on this issue, to secure access to critical materials, and the Critical Raw Materials Act the Commission is now working on, is decisive. We must change the permit processes to ensure increased mining of this type of raw material in Europe. Access is today a crucial risk factor for both the competitiveness of European industry and the climate transition,” says Jan Moström."*

[@MessyTimes]

@@ajaykumarsingh702 One mine in Greenland already has all Europe needs for 100 years.

[@facilitator1031]

Turkey recently also made a large discovery.

[@tommieberggren3324]

Yes, but Erdogan saw it as a terrorist and threw it in jail.

[@rojavabashur6455]

No, that was fake.

[@mkodyChallengesYOu]

Uganda and someone in somalia digging for water and finding oil 😂

[@Digmen1]

Yes mining them is easy Its the processing that it hard when you have the Greens running the economy.

[@MessyTimes]

Bingo bango bongo! This piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground, according to their CEO: *"“If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market. And then we are talking about Kiruna, where LKAB has been mining ore for more than 130 years. Here, the European Commission’s focus on this issue, to secure access to critical materials, and the Critical Raw Materials Act the Commission is now working on, is decisive. We must change the permit processes to ensure increased mining of this type of raw material in Europe. Access is today a crucial risk factor for both the competitiveness of European industry and the climate transition,” says Jan Moström."*

[@user-ek8kr3yc9c]

It's always been as such: us vs them. You have to decide who is "us" and who is "them". As a commoner, the decision has been made for me and probably you too so you better support your "us" and hope you win.

[@themiddlekingdom9121]

China has more than 1.4 bilion people, they need all the rare earth minerals available in their lands.

[@ivandimitrovivanov7584]

One more think. The rare earth are not battery elements. The lithium is not rare earth for example.

[@MrCachania]

Why they are celebrating 10-15 years in advance? In 15 years a lot of things can happen.

[@howardsimpson489]

You are right, it could all be oblasts by then.

[@MessyTimes]

Good point. This piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground, according to their CEO: *"“If we look at how other permit processes have worked within our industry, it will be at least 10-15 years before we can actually begin mining and deliver raw materials to the market. And then we are talking about Kiruna, where LKAB has been mining ore for more than 130 years. Here, the European Commission’s focus on this issue, to secure access to critical materials, and the Critical Raw Materials Act the Commission is now working on, is decisive. We must change the permit processes to ensure increased mining of this type of raw material in Europe. Access is today a crucial risk factor for both the competitiveness of European industry and the climate transition,” says Jan Moström."*

[@silentwatcher1455]

If expensive forget it.

[@cnccarving]

its mightbe too early to rejoice looking for the gas, that cost 5 times more from usa lookslike the """russian dependency"" wasnt so bad new participants in a market normally beneficiary for the customers but its not true if you politically order from whoo to buy regardless of price

[@MessyTimes]

Good for them, but this piece is sloppy reporting. Greenland already has a much larger deposit of rare earths, and it is heading into production in a few years. The privately-held Tanbreez mine is bigger, or higher quality and is already permitted. This new thing is 15+ years away from breaking ground.

[@cnccarving]

@@MessyTimes yes you right the path, from geologist find mineral up to a working mine is very long beyond mining equipment, railroad, processing facilities, all takes time

[@alexrahardjazh]

Not really. If it does then the aUs won't want to tear China apart just for the resources. Remember rare earth means those so called deposits only contains very small amount of the rare earth minerals. Most of them either Al, Fe, S, P

[@ganjarwb57]

Not really.. the harder part is actually processing those minerals... the process is difficult, dirty and expensive... and China excels at that... The Rare earth minerals themselves are actually not that rare...

[@marsbound2024]

Great news for the EU. It certainly isn't great to be handicapped by an autocracy, so I'm glad this deposit has been discovered for use in the future.

[@akkubaba]

I thought they had a deposit in Inner Mongolia which was about 800 million tons, the second largest deposit was recently found in Turkey which is about 700 million tonnes. This one is comparatively modest

[@therealkevan8158]

Turkey is about to miss out