Why an Arctic Treasure Is Spurring Hope and Dread
The Journal.
The Wall Street Journal
4.2 • 5.8K Ratings
🗓️ 30 January 2023
⏱️ 19 minutes
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| 0:00.0 | A couple weeks ago, Sweden's state-owned mining company, LKAB, made a big announcement. |
| 0:12.9 | A Swedish mining company says it's found Europe's largest-to-positive rare earth elements. |
| 0:17.0 | Rare earths? |
| 0:18.0 | Something called rare earths. |
| 0:19.5 | Rare earths are used in a wide range of products, including iPhones. |
| 0:22.8 | The valuable metals are also key and renewable technology, like wind turbines and electric |
| 0:28.0 | cars. |
| 0:30.1 | The deposit is a source of hope for the West, because the minerals could help speed up Europe's |
| 0:34.4 | path to clean energy. |
| 0:37.0 | The rare earth deposit is buried in Sweden's northernmost town, Karuna. |
| 0:42.2 | Our colleague Kim McGrail traveled to this town in the Arctic Circle to check it out. |
| 0:47.0 | It's about 5.40. |
| 0:53.2 | The pitch black here has been very dark for several hours, actually, because the sun |
| 0:58.9 | here only is up for a couple of hours. |
| 1:02.1 | When I walk, I can hear this snow sort of squeaking beneath my boots. |
| 1:09.6 | It's the ground everywhere here. |
| 1:13.1 | It's covered in snow. |
| 1:15.6 | Karuna may be home to perhaps the largest rare earth mineral deposit in Europe, but mining |
| 1:21.1 | that deposit is facing a challenge. |
| 1:24.1 | So there's a group of people that are very unhappy about this. |
| 1:28.1 | Sweden's saw me people. |
| 1:30.9 | They're indigenous people in northern Sweden. |
... |
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