The LKAB facility in Kiruna, Sweden. The company said on Jan. 12 that it found Europe’s biggest known deposit of rare earth elements there. Jonas Ekstromer | Afp | Getty Images The ripple effects from Europe’s growing appetite for raw materials extend all the way to Sweden’s far north. Thousands of residents and buildings are…
In this aerial view, the Kiruna Kyrka church is transported by road to a new location on August 20, 2025 in Kiruna, Sweden. The church, weighing 672,4 tons, is being transported as a whole to a new location 3 km away to avoid damages caused by LKAB´s iron ore mine. Bernd Lauter | Getty Images…
Another breakup is on the horizon. Later this month, Honeywell will separate its Solstice Advanced Materials unit. Honeywell shareholders as of Oct. 17 will receive one share of Solstice for every four shares of Honeywell. The two companies will begin trading independently on Oct. 30, with Solstice under the ticker SOLS and Honeywell keeping its…
In the ever-evolving long-term competition between the United States and China, it can be easy to lose sight of the quieter but more enduring risks that lie beneath the headlines. Case in point: China’s new sweeping export controls on rare earth magnets and related technologies, tightening its grip on critical inputs for everything from EVs…
