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Sweden adopts security-first mining plan, boosts local tax share

7/23/2026

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Summary

Story summary

Sweden announced a mining strategy that treats critical minerals as a security interest and shifts a share of mining taxes to local authorities, Ebba Busch said.
The plan will speed up permit approvals and create an impact-assessment authority.
Busch noted Sweden receives only 1% of global critical-metal investment while China supplies 70% of rare-earth output.
LKAB estimates permits for a rare-earth deposit on Sami land could take 10 years.

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Story summary

Sweden announced a mining strategy that treats critical minerals as a security interest and shifts a share of mining taxes to local authorities, Ebba Busch said.
The plan will speed up permit approvals and create an impact-assessment authority.
Busch noted Sweden receives only 1% of global critical-metal investment while China supplies 70% of rare-earth output.
LKAB estimates permits for a rare-earth deposit on Sami land could take 10 years.