The Critical Raw Materials Act strengthens the strategic position of Bergslagen Metals AB alum shale projects in Sweden, most notably the Viken deposit. With resources such as vanadium, potash, phosphate, nickel, and molybdenum, copper and certain rare earth elements identified as critical to Europe’s green and digital transitions, the company’s alum shale assets are directly aligned with EU priorities.
This alignment opens the door to several advantages: streamlined permitting processes, improved cooperation with national and EU authorities, and eligibility for support through strategic initiatives and funding. For Bergslagen Metals AB, the Act enhances the visibility and relevance of its projects in the European policy landscape, making them more attractive to both public and private investors.
In practical terms, the Act reduces barriers to development and accelerates the path from exploration to production. It also underscores the long-term importance of Viken and similar deposits as part of Europe’s efforts to build secure, responsible, and domestic supply chains for critical materials.