Finland Rare Earth Project Surges to 15.4Mt Resource

Published: Apr 17, 2026 12:19

Save

European Resources has more than doubled the resource at its Korsnäs project to 15.4 million tonnes at 1.0% rare earth oxides, up from about 7.1Mt in 2024. The deposit contains roughly 137.9 million kg of rare earths, including key EV metals like neodymium and praseodymium. The discovery strengthens Europe’s push for critical mineral supply, though the project is still in early (inferred) stage.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Copper, Molybdenum and Rare Earth Anomalies Discovered at the Gonneville Project in Western Australia

1 hour ago

2 hours ago

Rare Earth Scrap Recycling Slows as Tax Compliance Tightens, Impacting Production Rates[SMM Analysis]

[SMM Analysis：Rare Earth Scrap Recycling Slows as Tax Compliance Tightens, Impacting Production Rates]Recently, multiple rare earth scrap recycling enterprises reported that operating rates may decline in June-July. Large enterprises, with a higher proportion of self-procurement, are seeing more significant production reductions; small and medium-sized enterprises, relying less on self-procurement and more on processing orders, are relatively less affected.

2 hours ago

Jun 7, 2026 22:41

Rare Earth Market Shows Divergence: Light and Heavy RE Prices Move in Opposite Directions

Jun 7, 2026 22:41