- Globally significant asset in south-central Sweden, near all infrastructure
- Particularly rich in heavy rare earth elements Dysprosium and Terbium, crucial for producing permanent magnets for electric motors and wind turbines
- Project designed with a view to minimize footprint on site
- 2021 PEA returning US$1,026m Pre-tax NPV(10%) and 30.8% Pre-tax IRR
(https://leadingedgematerials.com/leading-edge-materials-announces-positive-preliminary-economic-assessment-results-for-its-norra-karr-ree-project-with-us1026m-pre-tax-npv10-and-30-8-pre-tax-irr/) - Mining lease application in process
- EU Strategic Project application in process
