Finland aims to become a superpower in critical minerals
Finland is aiming for a significant role in the production of critical minerals in Europe. According to Business Finland, these minerals have become a key part of international industrial competition and geopolitical power. The goal is to strengthen the self-sufficiency of all of Europe and reduce dependence on other continents.
Critical minerals are needed especially in modern technology, such as electric vehicle batteries, wind turbines, and smartphones. Because the green transition requires a great deal of new technology, the demand for these raw materials is constantly growing in the global market.
Finland has good prerequisites to become a leading country in the field, as our soil contains an abundance of the necessary natural resources. In addition, Finland has strong expertise in mining and mineral processing. The government and companies are now working closely together to increase investments in the sector.
According to the plans, Finland could offer Europe a safe and sustainable way to source raw materials. This would strengthen Finland's role as part of the European Union's security of supply and simultaneously support domestic economic growth in the coming years.