As Europe accelerates its green transition, a critical dilemma emerges in Sweden's Kiruna, where the largest known rare-earth deposit threatens the ancient reindeer migration routes of the Sami people. The Per Geijer deposit, hailed as a cornerstone of Europe's clean-tech ambitions, stands at the intersection of strategic mineral needs and Indigenous rights, posing a profound challenge to the continent's decarbonization goals.
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A new partnership between Torngat Metals and German magnet maker VAC aims to reduce reliance on Chinese rare earth supplies, bolstering the production of essential technologies for clean energy and defence. The non-binding deal focuses on securing long-term access to critical minerals from Torngat's Strange Lake project in northern Quebec.
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At its Brussels event, Euromines emphasized that Europe's defense future hinges on securing critical raw materials and deepening international partnerships to reduce reliance on geopolitical adversaries.
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As Ukraine grapples with the ongoing conflict with Russia, its vast mineral resources have become a focal point in the global geopolitical landscape.
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