Europe's largest rare earths deposit discovered in Sweden

Europe's largest known deposit of rare earth elements -- key for the production of electric cars -- has been discovered in Sweden's far north, Swedish mining company LKAB said Thursday.

LKAB said the newly-explored deposit, found right next to an iron mine, contained more than one million tonnes of rare earth oxides and the full extent of the discovery had yet to be investigated.

Source(s): AFP

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