Information on Europe’s largest deposit of rare earth elements

LKAB has identified significant deposits of rare earth elements in the Kiruna area, metals which are essential for, among other applications, the manufacture of electric vehicles and wind turbines.

Following successful exploration, the company today reports mineral resources of rare earth metals exceeding one million tonnes of oxides – the largest known deposit of its kind in Europe.

“This is good news, not only for LKAB, the region and the Swedish people, but also for Europe and the climate. It is the largest known deposit of rare earth elements in our part of the world, and could become a significant building block for producing the critical raw materials that are absolutely crucial to enable the green transition. We face a supply problem. Without mines, there can be no electric vehicles,” says Jan Moström, President and Group CEO, LKAB.

Read the full press release here
Läs hela pressmeddelandet på svenska här

Press assets are available to download here.

Download the full press conference here
Thumbnail of animation of the Per Geijer ore body
Animation of the Kiruna mine and the Per Geijer deposit.
Animation of exploration
Exploration lays the foundations for the future.
Critical minerals for Europe’s increased self-sufficiency and green transformation.
Aerial view of motorway
LKAB Critical Minerals – Turning Waste Into Resources (ReeMAP).
Click here for more downloadable press clips, free to use in editorial content