Rare Earths in Greece and Nordic Countries Could Meet Europe Demand

Bloomberg reported that geologists see Nordic and Greek rare earth resources as a potential solution for European industries that rely on the materials.

As quoted in the market news:

While Europe is rich with the rare-earth elements used to power batteries and produce magnets, leaders haven’t demonstrated the political will to tap them, according to Friedrich Wellmer, former president of Germany’s Geological Survey. Scientists at the European Geosciences Union’s annual meeting in Vienna urged policymakers to address the problem.

Click here to read the full Bloomberg report.