ESG Risk Monitor
November 27, 2023 - 3:47 pm

Sweden Plans to Move Town for Huge Mining Site Revealing Rare Earth Elements Worth Billions

Vulnerable Groups
ESG Risks
  • Deforestation

  • Environment

  • Pollution

Report: Sweden is planning to relocate a town in order to make space for a large mining site that contains valuable rare earth elements. These elements, which are used in various products such as mobile phones, missiles, and car batteries, are currently being imported to Europe, with 98% of them coming from China. The town of Kiruna, which has a…

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