How Sweden Is Becoming Insanely Rich
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- Опубліковано 13 вер 2023
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Sweden has the power to change the shifting global world order. It's secret lies in a very special mine in the North.
Sources:
docs.google.com/document/d/1C...
Music:
Adi Goldstein - Emergency Response
Ava Low - Chaos Theory
Ava Low - Through the Prism
Brendon Moeller - Upon Entering Another Realm
Brendon Moeller - Following On
Craft Case - Cryptozoology
Czar Donic - Asteroid One
ELFL - My Life in Motion
Farrell Wooten - Flourite
Farrell Wooten - Our Final Mission
From Now On - Rubik's Cube
Gettz G - Leaving Traces
Gregory David - Corner Store
Hampus Naeselius - Those Moments
Ian Post - Night Rider
Isobel O'Connor - Once in Abundance STEMS INSTRUMENTS
Jay Varton - Silent as Smoke
John B. Lund - Shadowed
Loving Caliber - Burning Room (Instrumental Version)
Max Anson - Carabiner STEMS BASS
Michael Rothery - Chain of Events
Michael Rothery - Turncoat
Yi Nantiro - Blue Lantern
Yehezkel Raz - RA - Instrumental Version
Thinking Musik by Kevin MacLeod is licensed under CC BY 4.0.
incompetech.com/
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Armchair documentaries, almost weekly - Розваги
As a Swede I have to admit that this video is more action than any news broadcast 😄
It will be amazing for the muslims taking over your country at the time you will be starting profiting the ore.
I have never here about this on any Swedish radio or news broadcast actually
that is a lie we had fellas from there and what the news tell
is opposite of that
they did not see the pure material first to be clear
they would never be that much of cost because
everything nowadays can be made in lab even gold
is same amount of cost
almost or even much
idk i can not tell
but what i know
is there is just conspiracy can
make just a water droplet
news effect would be like
(garbage) i don't think
anybody will care two
@@pepela2219none of those that worked on this video have a connection to sweden as far as i know lmao
@@JD-cc2quTrue. Germans and Dutchies :)
Maybe someone on their team has a relation to Sweden but this is just a very interesting european topic.
As a swede, i hope this gets handled correctly and with caution.
And publicly. We need to leverage this resource like how Norway leveraged their oil.
If anybody can do things right it's scandinavians
@@nebesvaikseni except handling migration
@@MarcusTSMarcus We're going to get exploited like the 3rd world vassal state that we have become. Who is going to stop them? Our politicians? Those are all bought minions of the international empire that controls us. So is our press and the masses are too stupid to realize what they push is all lies and that they are living in an occupied nation.
@@jiggy7108that was S's fault :/
I am excited as a Swede, and I wonder how the government is going to find a way to screw this up as well.
Swedish government needs money to feed crimigrants and waste more money in social projects. Swedish people will not be the major beneficiary.
Som att sossarna skulle kunna göra det bättre.
Vi tjänade enorma pengar på alla världskrig, och vi var sjukt rika på 50, 60-talet. Men istället för att investera inkomsterna från denna tillfälliga källa, så slösade sossarna bort det på en ohållbar välfärd som dom själva var tvungna att backa på, när pengarna väl tog slut. Min mor kommer ihåg när hon fick hem ett brev på 90-talet där hennes pensionsprognos gick från väldigt bra till väldigt dåligt över en natt.
Min mormor har ”gamla” pensionssystemet. Hon har aldrig jobbat 100% i hela sitt liv och tog dessutom tidig pension, ändå sparar hon flera tusenlappar av sin pension varje månad. Helt förbannat ohållbart. Sossarna begick samma misstag som oljerika länder i mellanöstern begår idag.
probobly gonna use the money to give out more money to people that does not work nor pay any taxes what so ever, not to mention how much money we will send to other countries..
Lappar…
No they are not the problem. The problem Will rather be that Sweden gives it all away for free
I think you missed one of the central points with rare earths. As you rightly mentioned, there are multiple stages to take rare earths from mineral deposit to refined material ready to add to a manufactured good.
In Australia, we mine rare earths and refine very little. Most goes to Malaysia and China for first stage refining (the really dirty part), second stage refining is often done in advanced countries like Japan. The question is, will the EU be able to refine the rare earths from start to finish from this mine - given its environmental standards? China has subsidised the west in off shoring pollution and subsidising cost.
The US and EU need to find a way to be able to stomach the true cost of rare earths, if they want to make their own rare earth deposits matter.
We may have to have a chat with Finland about this. They've done some serious work on how to store radioactive waste safely. It may not be relevant but it won't hurt asking them if they can help.
Sweden has a focus on environmental friendly innovation, such as carbon neutral steel. I would expect the refinement process to be environmental friendly, something like this: ua-cam.com/video/vXqOcZDNSfg/v-deo.htmlsi=pB5Me8fCEoI9_Cj2
@@tessjuel
The finnish storage solution is a copy paste from the swedish one.
This waste has to be taken care of diffrently since the volume is a lot more than the small amount produced by nuclear plants and it is totaly diffrent to.
We will find a way only question is cost.
Some who want to open new mines say:
Let's pick up these metals because we can and know how to process and treat them to get as low emissions into the environment as possible.
We here have better methods than the rest of the world according to them.
Others say we have to ship out gravel and dust because we have no idea what and how to deal with this.
Sweden has extremely low compensation for the export of crushed material.
The only way to make a profit is to process this gravel into pellets. But the big question is who receives the profit. Responible in Sweden scrates their heads.
Yes, since the mine is Swedish, the dirty work will be done in Denmark
I am glad that some people are actually talking about this. I feel like this has been in the news for about a day here in Sweden and then was forgotten about. I hope that the swedish government takes a bit of the "norwegian approach" on how to deal with their natural ressources. The money and profits belong to everybody in Sweden, not just big companies.
Lkab pays enormous amounts of tax and excess profit, money we directly save. Beside that they’re paying the local community very good.
We had more publicly owned mines, unfortunately they closed Grängesberg, the third deepest and once the planets largest company. I hope they have the possibility of starting new instead of privately companies that just ship out the riches to cayman island accounts and yachts.
As long as it is LKAB and not BlackRock profiting there. Hopefully, LKAB being a government-owned Corp guarantees US predator Corps not harvesting all wealth. On the other hand it would be worrying with a future socialist corrupt government too, laying its filthy hands on the assets😳
The experts think that this is mostly greenwashing from the LKAB and untrustworthy far-right government to get to mine polluted iron. The deposit has been known for decades but its not commercially viable to sort out the REE. It's great if they are wrong but the publicity stunt from the far-right government without any proof and the timing with other controversal decisions regarding mining in the north is probably why the media doesnt engage in this.
Man får iallafall drömma att tillgångarna går till medborgarna.
As a Norwegian I really hope this is the case for our sweet brother Sweden. And I implore you to take it even further. One of the things that made the Norwegian model so different is that we were not the first nation to find large deposits of oil. Therefore we had time to observe the effects to the economy and the neglect of the oil companies. Now Sweden has had time to study our model, so that they themselves can improve upon it before deciding. Because although the Norwegian model secured the money into the hands of the people. There is still much that is keeping it far away from the normal citizen. Our government is still operating as it is poor and our policy refuse us to use what is neccessary to build our country and strengthen our people. It's ridiculous how many people are suffering without getting any wellfare in this wellfare state. So please Sweden. Study us. So that you may show us the way to improve. Congratulations on your deposit! With much love fra Norge
I'm so glad to see content of such high quality pertaining to European events. So excited to see what this channel releases next!
Wepone producer Sweden nobody talks about thier main deal why they are rich selling Wepone and producing.
He has zero clue or facts tho
Besides the montage quality, the content is absolute dogshit. You start off by the discovery itself, then it tells about China monopoly, then show how screwed up is ecology in places where it is mined. Then you get "but those rare earth metals are so important for military", and if before China was speculating on those, then now "we have a chance".
Chance for what? Chance to ruin Sweden ecology? Chance to outperform the price, against country that has cheapest work force and doesn't bother about wasting any peny for making mining more environment friendly? Current price for Indium is 130€/kg! It will cost more in Sweden to just dig up ore for that amount of metal, not even mentioning the processing...
Posts like these make me certain that bots rule the comments.
Propaganda
As a swede I hate that every time Sweden is featured in any kind of news or video, you'll have swedes starting their comment with "As a swede".
Respect to you for making a dry subject sound interesting. Great editing and delivery.
I hope Sweden takes an example from Norway and puts the profits from those metals into sth like a retirement fund so it will keep producing dividends, making Sweden truly richer.
press x to doubt
our currency is going to 0 and the country is going to shit lol but we can always hope
@@piinkraiinso is Norway’s. Its on the same level as ours
I seriously doubt they will do that, Everything has been on a downslope since the 80's here due to idiotic politicians... Even the healthcare system is on par with the poorest countries in Europe...
@@piinkraiinwhich is reason enough to put the funding into funds and I would LOVE to get my hands on a piece of that fund
Well that will never happen
The script of this video is one of the best yet in my opinion. A great balance of information and humour and simple yet effective explanation combining those two. Great content thank you.
And some brilliant propaganda too!
like when he said "we don't judge you" lol
Sweden need lslam, Quran and Sharia law to fix their country.
Love from Pakistan ❤️🇵🇰❤️
@@A.A1891 They just need Jesus to fix their country. ✝️
@@A.A1891 No!
as always the production and insight info in your videos are top.
Cheers for putting the ad at the end, just for this reason i've watched it ! Good video keep it up
Fun fact: rare earth minerals are actually not rare at all. It is just way more expensive to mine and process them unless they are in very specific dense deposits in a specific form. China simply has cheap labor and a lot of them, thus swamping the market.
exactly, furthermore does it depend on the type of windturbine if it needs neodymium. I also got the question during watching the video what is going wrong that we aren't recycling these materials, if they are so valuable. I mean it's done for the ressources that are inside catalytic converters.
And little environmental restrictions.
@@gvibration1 correct, mining rare metals is basically poison for the environment.
All the money the US and EU sink into rare metal mining is basically R&D for trying to mine it without destroying the environment.
I’m glad to see this channel already has so many subscribers. Y’all really deserve it!
Dont't know if you know, but it's a collaboration between a german channel with 1.2 million subs, and another english channel with 300k subs. I think most people just like me came from one of those.
Highly recommend both of the other channels btw
@@Lukas-dk34hHe subscribed even the main channel 2bored guys... so I think he knows it 😂
Having read some articles in Sweden about it (mainly DN), we are still unsure how to fully approach other than forward, which is still a positive, even if slowed down. Some articles say that it might take a whole century to fully have this "economic boom", although LKAB themselves (mining company) is certain that something big is coming out of it, using the situation to extend their contract with Railcare to help move materials.
In politics though, I'm not so sure. Probably could research more about it, but from what I've seen purely from reactions, I hope that politics won't play too much into this golden egg.
It's not a quick and simple job, but hopefully this is one opportunity we won't throw away.
Your video is very helpful! Thanks and congrats on a million!!
The deposit has been known for almost a hundred years but was to "polluted" to be a good iron mine but was called a pension security for the Kiruna mine. Also, the apatite in Kiruna mine propper was not mined for fosfate so all of that is in the old tailing dams and they are looking into how to easily get to that.
That is nuts. Reminds me of how platinum was discarded in the river by the old South American silver miners. They found no use for the metal, but as we know today it's far more rare and valuable.
Iirc I looked at the reports and it seem to mostly just be fosfat and basically no real exiting rare earth elements at all
1 million tonnes is also not that much considering total deposit of ree is estimated to be 160 millions tonnes worldwide.
Idk if this will help sweden that much.
@aggese
Are you surprised about that?
Isn't that the reason they are called rare earth.
They are not rare in the sense that there is little of it. But it's so diluted that it's hard to mine.
At least, here you get phospate, and not just rock while extracting grams from tons.
We’ve driven through Kiruna this year. It’s astonishing how this whole city is just a giant mine and that it’s going to be the heart of mining in the future
Nobody living in Kiruna are positive about the mining.
@@stefanjohansson2373Arent like half the people there employed in mining?
@stefanjohansson2373 We did only drive through it, I couldn’t speak with some of the inhabitants. I can only say what I saw.
@@stefanjohansson2373Kiruna would not exist without the mine
It's really a stretch to call Kiruna a city. Almost a stretch to call it a town.
Amazing video! The graphics and the script together made one of the best explanatory videos I have seen.
Beautiful edit and voiceover - and super-informative! 👍
I am originally German but moved to Sweden in the summer of 2022. The book I used to learn Swedish had a story in it that took place in Kiruna. It ends with the characters being worried that they need to leave their old house because the open-air mines consume the city. This video reminded me of that.
Interesting haha. Welcome to Sweden! 🫶🏼
I am from Germany as well ans wanna move to sweden in a couole of years. How is it going for you? I have heard it is hard being accepted and integrated in swedish society. Especially i wanna move to a small village but i worry a bit about not being accepted in the village's society. What's your experience with that?
@@kezwikHD
I have a few good friends in the village I live in (that is so small that it isn't even officially an own village anymore). But getting a personnummer can be a pain in the rear end (you should start off with a samordningsnummer, which is much easier to get and is basically a five-year personnummer). Getting a BankID is important but may be impossible if you're not 18 years old, as in that case both parents need a bank account with the same bank.
Aside from that I feel very good here and don't intend to ever go back to Germany.
@@Lampe2020 Okay, aber bist du gut integriert im Dorf? Gibt es eine richtige Dorfgemeinschaft wie es in Deutschland (zumindest in Bayern) auch üblich ist?
Die Formalitäten sind eine Sache aber die einzige Sache die mich noch etwas zurückhält ist, dass ich hier in Bayern eine gute Dorfgemeinschaft habe und man abends gerne mal zusammensitzt, Schafkopf spielt und redet. Und dass man bei Dorffesten zusammenhilft und sich auch generell immer gegenseitig unterstützt und jeder mit jedem gut zurecht kommt auch wenn es mal Differenzen gibt. Gibts soetwas auch in schwedischen Dörfern, also diese Art von Gemeinschaftsgefühl?
Soetwas kann man immer erst beurteilen, wenn man für eine Weile dort lebt daher frage ich. Aus Urlauben nimmt man soetwas leider nicht so sehr mit.
@@kezwikHD
Also mit Leuten aus dem Dorf mit denen man sich versteht, kann man sich natürlich verabreden, ansonsten gibt's aber auch das ein oder andere Dorffest wo man gemeinsam feiern kann.
Außerdem ist zumindest in dem Dorf in dem ich lebe auch ein Treff jedes Jahr dabei, wo man über dörfliche Angelegenheiten redet (der Dorfrat trifft sich öfters, aber nicht alle nehmen da teil), denjenigen bestimmt der das Gras beim Badeplatz und Spielplatz pflegt und gemeinsam grillt.
Zusammenfassend würde ich sagen, dass es vielleicht nicht die engste Dorfgemeinschaft ist, man sich aber leicht integrieren kann.
How lucky for Europe that both in Sweden they found that huge lump of rare earth minerals, while Norway recently found a big chunk of rock-phosphate as well.
fortune is finally giving us a break. we were going straight to the toilet lmao
@@footballuniverse6522yup - currently China seem to go straight to the toilet, Economy tanks, unemployment rate in the young goes up, real estate bubble is bursting slowly.... - they get what Xi asks for, companies and countries don't trust China anymore
Not only did Norway find what is the biggest rock-phosphate formation in the world, it also contains significant amounts of vanadium and titanium. Not only that, we also recently found that another field in the east of the country, rich in rare earth metals, were bigger than initially expected, likely to be bigger than the one found in Sweden. The field I am talking about is the Fen Complex fields, which is a known source of minerals since the middle age, but recently have caught interest due to high amounts of Thorium, and more recently rare earth metals.
@@andreassag are they actually exploitable ?
Make Scandinavia great again. Why didn't Norway buy Volvo by the way? They are probably equally equally rich now. Denmark should move their but and explore Greenland next
the production level and effort put into this video outshines many I've seen previously, subscribed (y)
How do I not know about this until now as a swede?! Great coverage!
Norrbotten kryllar ju av gruvor o industrier. Kollar man GDP och BRP per län, så ligger Norrbotten top 3a efter Stockholm osv. och mer än i genomsnitt av rikets.
Kiruna is such an interesting city.Ever since the mining which sacked the old city center they just started building a really cool new center. You definitely want to keep up with that!
Love the video and that you shed some light on the importance of rare earth metals. I just noticed an error in frame 6:15. The Baogang Steel and Rare Earth complex is in "inner Mongolia (China)" and not in Mongolia.
true, apologies for the oversight!
Inner Mongolia wants to join Mongolia.
@@j2174 Very doubtful
He never said it was in Mongolia, just the region
@@comradesvanticki4786 I never stated he said it. Its written wrong on the frame /scene.
Great news, but it needs to be taken into consideration that just the environmental permitting might take up to ten years, add then the time needed for opening the mine, building processing and refinement plants, etc. The potential is huge, but it will take a while to manifest.
wow, this channel has like 8 videos and they are all top notch quality. Usually channels start slow but not this channel. I can see this channel having atleast a few million subs in a few years
Swedish iron is known to be some of the best world wide and has been for a long time
This is fastest growing channel i have ever seen . With less than 10 high quality and informative videos you guy have reached about 400k followers and millions of watches. Good luck fren.
we are witnessing a new massive viral phenomenon
they have a german channel with over 1,2 mio. followers. At lot, like me, came right from there in the beginning of this channel
@@IAmOnlyYoungand another one with 300k subscribers
@@zederbaum I actually meant Hoog. Not 2BG
they are a german state sponsored corporation with millions of followers. there is nothing carzy going on
Absolutely love this kind of videos! Subscribed! ✅
It's not inly in Kiruna but they also found a huge deposit around the Jönköping area in Southern Sweden. Which means there is a possibility for 2 of said mines
Literally just checked out the channel 10 minutes ago because I was wondering when you uploaded the last time and now I get a notification that a new video is out :)
I can only agree with what the others said....this channel will become huge and you most certainly deserve it ! The quality of the storytelling is top notch !
Amazing editing and storytelling, 10/10, wow!
This is a very well-made and interesting video. Thanks!
This channel never fails to make any topic interesting 😂
Great video and very informative! I'm stunned that this is the first time I'm hearing about this mine! 😱
Then again, I just learned of the Woodsmith mine a couple of months ago...🙄
I know mining is a bit of a boring subject to most people, excluding any close relatives of working miners I suppose. 🤔
These two mines are key assets for the European economy, for the rest of this century! Food security, without resorting to ever more toxic industrial chemical fertilizers! 🎉 And we might have the opportunity to leverage the concentrated scientific and practical know how and growing chip industry, into fully localized production.
I'm happy the swedes have it, I trust them to handle this responsibly 😊❤
This was a great video! Good enough to be on nebula! Subscribed.
As a geologist finishing my master in Sweden, I can't wait to get to Kiruna to discover all the different REE that we will get there. Hopefully it's not the same as the Bastnäs type crystallization and it's some heavy REE and not some light REE which would be less valuable
Nice to find a geologist here! I'm interested in the topic, but can't wrap arounf what "Chondrite value" in an REE diagram is. Do you mind explaining?
@@zockertwins In the context of a Rare Earth Elements (REE) diagram, the "Chondrite value" refers to the composition of rare earth elements in a chondrite meteorite. Chondrites are a type of primitive meteorite that have not undergone significant differentiation or melting processes, and they are believed to be remnants from the early solar system. As such, the composition of REEs in chondrites is often used as a reference or baseline for understanding the relative abundances of these elements in other materials, such as terrestrial rocks or lunar samples.
When scientists study the REE composition of rocks on Earth or other planetary bodies, they often compare the distribution of REEs in those samples to the chondrite values to gain insights into the processes that formed those rocks and to understand the history of the planetary body. Deviations from chondrite values can indicate various geological and chemical processes that have affected the material over time.
In REE diagrams, the chondrite value is typically represented as a straight line, and the deviations from this line for a given sample can help scientists identify geochemical and geological characteristics of the material being studied.
@@zockertwins Hello, another geology masters student here. Chondrites are old asteroids that are thought to represent the chemical composition of the first rocks that formed in our solar system. They are used as reference material for what rocks would be like without being altered by processes going on both inside and on the surface of the Earth. In REE diagrams, the REEs are normalized to chondritic values, meaning you compare the proportions of the different REEs in your rock relative to chondrites. This highlights trends and variations due to processes, and lets you compare results for different rocks, regardless of the total concentration of REEs. It can also be easier for mass spectrometers to measure proportions between elements rather than absolute concentrations.
How THIS channel is becoming content worthy!
@fern, this is one of the best informative videos I've ever seen on UA-cam. The pace, script, graphics, and content are all top-notch. Keep it up
Very interesting will subscribe for sure. Best regards someone from Sweden
Thanks for the great video! Your editing skills are unmatched. Looking forward to newer videos!
This is definitely your best video yet. I am really hyped about the future of fern. It was concise, humourous and entertaining, great work!
They are the most known two person info channel in Germany. They started with German with Simplicissimus and 2 Bored Guys
@@alexd.6376 great that you mention there main channel 2bg. By the way if you make a category detailed enough you can always be the best "two person info channel"
Hats off to the effort you make for such a quality videos
Wow the production in this video is amazing. Good job
I love how this channel works so amazing but I hope your Internatioal success, doesnt let you guys less Bored
Insanely good video👍🏻. It would be cool if you could also implement chapters in the UA-cam scrubbing bar.
Wow the production value is just astonishing. Well done guys! Keep it up, love it
As Norwegian i typically dont wish fortune to Sweden. But this feeling of sticking it right up to China is great news
Yes. I'd much rather see Norway find rare metals than China.
Choose your words carefully, you don't want any problems with your islamic neighbor. Salamu aleikum, brother.
@@isbjornen7418 ???
@@YamiAi Allahu Akbar!☝️
And that’s the reason why nato will move in to Sweden!
Thank you for your excellent work, keep it up!
Well done, as always! I really do hope that this channel reaches its full potential!
As a Swede, I look forward to seeing how this develops for our economy. And I sincerely hope that we can help tip the global scales further away from exploitative powers like China, Russia and their blood metals.
As a Brit I fully agree and hope this does tip the scales away from the countries you named. And I hope this will bring more electronics manufacturing in Europe.
If they don’t sell it to privates it will be a success
The moment they give it away they will lose it all, because in our capitalist system you can trust no private investor
As a German, I want to say hi!
Hi you want some freedom ? USA has plenty of it
Hold your horses, this is not a miracle. I am not sure how old are you but it would probably take decades before getting any benefit from that. I highly doubt it would make a significant economical development for Sweden though, guy on the video is a bit unrealistic
I work there, really exiting to see what comes of this. A very complicated issue to start a new mine especially being were it is but time will tell what comes of this
your animations are next level keep going bro
Your storytelling dude ❤️ well balanced script with whole lot of explanation little bit of humor, conclusion and expectations...Its easy to understand. I leaned something here.
that periodic table design is FIRE!!!
Your carefully placed bro-jokes, makes serious and technical topics more palatable and therefore memorable. 👏👍 also funny as hell! 😂
FUN FACT: Kiruna has moved hundreds of houses and buildings from the mining sites in order to prevent the ground collapsing. YES! Moving houses. The metals are so valuable that it's still worth it.
Ever been to Germany? Ask about the biggest hole in europe
Text at 6:15 says “Mongolia” but it’s in the Chinese region of Inner Mongolia, so not in Mongolia
Swedish people itself is not getting rich. It's the companies behind these discoveries which always the Wallenberg Family's companies.
How tf did you miss it's LKABs deposit?
The production team of this video is next level!
This is a quality video Fern. Well done.....from Australia. Great news.
Les Griffiths
If the United States didn't lean so left environmentally, the United States would be a rare earth mineral powerhouse
The USA lean left? Haha lol.
So why am i paying 20 crowns for a milk carton?
That’s sooooo cheap. I thought Sweden was expensive in 2016
Awesome video. Keep em coming.
Great video man. Do you edit by yourself or a team? If so, what major tools do you use to edit?
When you really watch this video sitting on the toilet…
love the content keep up the good work
Me too
'we don't judge' xD what a great video. Entertaining and informative!
As a Swede I applaud this message, with our rich neighbors Norway and Denmark and the disastrous exchange rate we have at the moment, it'd be nice if Sweden got to be rich too.
Damn i'm glad i discovered this channel. The content is so good, funny, well made, straight to the point. You guys rock! (Boudum tshhh)
1st time watching you content... liked and subbed , good content homie ! keep it up !
1:18 I can't seem to find the music used in the montage in the description, am I just dumb or is it actually missing? I would love to know what it is.
Throughout history, Sweden has been a major exporter of many different minerals.
Stora Kopparberg - Large Copper Mountain
Located near Falun in Sweden and part of the Falu Gruva (Falun Mine) It met 2/3 of Europe's copper demands. It is the reason basically every old cottage was painted in Falu Red and you can still see many wooden houses painted red as a tradition and homage to the old days.
Copper was a vitally important resource for all sorts of things, especially weapons of war, back in the day and even today it's important as conductors of electricity and signals. Not to mention all the copper windings you need in electric vehicles.
Sweden back in the days funded all its wars with the resources it extracted from its copper mines. Nowadays Sweden considers itself neutral, but at the time where the copper mines were opened it spawned an era of countless wars of territorial expansion for Sweden that was only really stopped by the rise of the Russian empire and Napoleon's conquests.
Sweden could otherwise very well have been in control of most of Europe. A superpower.
Kiruna Mine - Iron
Throughout all of northern Sweden you find many deposits of Iron ore. Need i say more?
Sweden has always been a major exporter of not just iron ore in its raw form but many iron derived products starting with pig iron and going all the way to high grade steel.
Sweden was not just known for the amount of iron they provided but the QUALITY of said iron and its derivatives as they used cutting edge technologies throughout the times to make the best iron and steel the world had ever seen.
Nazi Germany in particular would have had no way of going on for as long as they did without Sweden's iron. And Sweden was never invaded by Nazi Germany, not because Germany couldn't. They could have taken Sweden easily. But because Sweden, unlike many others, cooperated willingly with Germany mostly without any pressure to do so. There were quite a lot of political and cultural similarities between Sweden and Germany and Hitler got many of his ideologies from Sweden at the time. Sweden even had the "Rasbiologiska Institutet" (The Institute for Racial Biology) and practiced eugenics at the time and even for some time after WWII.
Boliden - Gold
Sweden was the second largest producer of gold in Europe.
Not that it mattered that much at the time to be honest.
Sala Silvergruva - A silver mine that extracted silver from Galena
Again, not very notable but remained in operation for a very long time.
And a few more... All of them together made Sweden into, if we were to go into Tolkien fantasy lore like The Lord of The Rings, a bunch of dwarves that dug deep without ever encountering a Balrog.
Sweden would otherwise been an insignificant and poor region who's only export would be that of it's wood industry. Which by itself is a pretty large industry, but not enough to make Sweden anything more than a struggling footnote in history.
Norway has its oil, Denmark has its food and machinery, Finland has it's wood and paper. Sweden has its metals.
And of course, the "Scandinavian unity" that is inherent amongst true Scandinavians has also made all four of these countries very rich in terms of technology, expertise, craftmanship, culture and standards of living as a whole. They take care of each other so no one is left too far behind.
Nowadays though... Not so much.
And the discovery of rare earths has the potential of providing a major upswing for Sweden but will most likely make a huge belly flop where all the potential is wasted due to poor political management and too much talk about it and no actions being taken. And it is likely to be sneakily gobbled up by Chinese interests right from under our noses in the process.
Nice summarize, but your conclusion that its likely that Chinese vill mine in LKAB:s fields in Kiruna is deranged even though theres so much fuckery in the goverment... A fair point is that the mine likely is not going to be started in many years or at all but to take the stand that it will be bought up and run by chinese companys is delusional. :)
Stora Kopparberg bergslag's company owned and employed a large local workforce and profits stayed in the area.
Falu mine was shut down in 1992.
New mines operate by different rules.
Post-processing happens in other countries, you see.
@@erikholm8918 If they sell the mining rights to a chinese company I'll go and take a shit in the lobby of Riksdagen
The only question that Im wondering about is, what about the mentioned water pollution caused by the extraction of the rare earth metals. Can Sweden extract the metals without completely destroying the local ecosystem?
They are looking at it right now, and it's probably going to take 10+ years before they start extracting the REE so pretty sure they have a solution by then.
Great and informative video! Although just want to state that LKAB is not a public company, it is fully owned by the Swedish state ( 10:36 )
Thanks for the news!
I'm not even living in the EU but hope that Sweden doesn't screw this up by either making it to expensive/non competitive due to overdoing it with green policies or it being blocked due to EU bureaucracy. The world needs less dependency on China and the EU itself needs more political weight on the global stage - currently it's more of a play ground for other world powers.
Sweden won't be able to match the prices that China can make. China will probably temporarily lower the prices and make this project fail. It's up to the west to support and promise to buy metals at a fair price if we want this to work.
Not living in the EU - you think you know something about EU policy ?????????
It is actually all scandinavian countries who have a much higher environmental standard than the EU - or the rest of the planet - and they seem to fare pretty darn good , So you better pipe down about EU policies if u have no clue.
@@francodenobili7654 cool down bro, you're overheating the planet
As a swede, i totally agree.
As a swede this makes me really excited and hopeful for a better and brighter future for everyone
As a swede i already know they money is not going to us, its going to our illegal welfare "refugees"
Samma här! Skönt att LKAB är ansvariga, de kan sin grej. Hoppas även de hittar ett sätt att inte påverka naturen och djurlivet i närområdet för mycket. Men återigen, såna där grejer är vi bra på i Sverige!
i am from Sweden.
You would be surprised how many very useful minerals we have in the ground. the problem is the people, they say "dont destroy our beautiful fields and views!"
And when you ask them, where should they dig it then?
they say "somewhere else, but not here".
5:33 lmao, that was an EXCELLENT illustration of China’s Belt and Road Initiative 🤣
I'm excited as a Swede. I would not be surprised if our Politicians are now basically reading up on how Norway handles its oil for inspiration. x)
I'm sure you'll do fine there. After all a Swede is only a more level headed and sensible Norwegian.
Naah, the money will go in the "Support the immigrants for life" fund.
@@doublehelix7880 Ah, yes, I forgot I am in fact living in Sweden.
Jesting aside, I dare to hope there's a chance for that to change given that S is not in power to divert that money like that. Hopefully M & Co can do the right thing with it. Fingers crossed, I suppose.
I still need to get used to Jonas speaking English 😅😅
Bruh dont stop making the videos like this, on point and lov that you are inderectly funny
Kiruna= the place to be! I hope I can go there some time again in the future, although they moved the city since my last visit due to the ground being unstable from mining.
as a brit who was very openly against brexit
i am seething beyond recognition
Certified Fern gang classic
I went in on LKAB's website to verify and its correct. Per Geijer will add an additional 25% more to rare metalls to a total of 1,3 million tons and its not yet finalized how big it is. I had no idea of the geopolitical situation as stated in the video, suddenly Sweden is on the big map. Who could have guessed?
Really interesting and mind altering video.
I'm just here to view all the 'As a Swede' comments.
I tought the problem with rare earth minerals was not their rarity but the fact that both mining and refining them was toxic and it was much cheaper to buy them from africa and have them refined in china?
Is this due to the fact that the chinese working force is now less prone to cheap labour?
It's more that Africa is in the pocket of China and Russia, and that Chinese REE is, well, in China, and China is not America, which is a problem if you're friends with America, which, of course, you want to be if you are within driving distance of Moscow, which the EU is.
Great video!
I love this high quality content by this channel
Dafür dass es nicht deine Muttersprache ist bist du wahnsinnig gut :) mehr Videos von dir vertont wären cool
Darum versteh ich nicht warum die den Simpli Videos nicht einfach ne englische Übersetzung gegeben haben. Kurzgesagt macht das auch so.
Es werden auch ab und zu Übersetzungen kommem bzw. gab es ja schon welche
Suddenly the US feels the refugee crisis in Sweden requires a more *freedom based solution*
😂 🦅
Awesome video!
We have already begun to extend tunnels towards Per Geijer from the old mine in Kiruna. We also have a new gold mine starting soon and i know there is plans for Uranium mining as well.
I would like to see another video on how this is affecting the Sàmi people. Not only concerning environmental issues and it’s effects on reindeer herding, but also in the context of discrimination of indigenous people and human rights. It’s a complex subject indeed, and as profitable an industry as this is, I only hope that the government will not allow profit at the expense of suffering.
Sami aren’t discriminated, they’re pampered.