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Sweden Today

Swedish news in English

Saturday, November 23, 2024

Sweden Considers New Mining Tax to Benefit Communities

Published: 2024-05-24

The Swedish government is discussing a new mining tax that would direct funds from mining companies to local municipalities.

This proposal, backed by Minister of Energy Ebba Busch, aims to incentivize local communities to support new mining projects.

Regions like Storuman show support, hoping the tax will benefit their local economy.

However, in areas like Oviken, where there are significant deposits of critical metals and uranium, residents remain opposed due to environmental and livelihood concerns.

They hope the municipal veto on uranium mining will halt these projects.