New Article25 Jan 2019 13:15
Tell us something we don’t know Chief... “Uncertain permit processes mean that Sweden risks losing the battle for new metals and minerals, according to industry experts Di have spoken to.
"It's a worrying situation," says Mikael Staffas, CEO of Boliden.
Despite the good economic situation in recent years, few new investments are made in the Swedish mining industry, according to Per Ahl, CEO of the trade association Svemin.
According to him, this is because it has become increasingly difficult to open mines in Sweden.
"Sweden falls into the rankings of the best mining countries and this is because we have unpredictable permit processes," he says, laying the blame both on how the rules are designed and the Swedish authority culture.
"We often lose the overall view. The authorities question and lose in detail rather than guiding companies to do the right thing," continues Per Ah
lAccording to a survey from Sweden's geological survey, SGU, which was presented in December last year, there are a number of Swedish projects that include so-called innovation-critical metals and minerals that have "stuck in the permitting processes required to open the mine in Sweden".
At the same time, the European Commission wants Europe to become less dependent on imports of metals and minerals that are critical for new environmental and technological innovations.
"It can be stated that it is difficult to open mines in this country and in some places it seems to take all possible means to stop them. From a raw material perspective, it may seem immoral to want some metals and minerals but do not want to produce. them, "says Anders Hallberg, geologist at SGU, who is co-author of the survey.
According to Mikael Staffas, CEO of Boliden BOL + 0.89%, it is obvious that an unpredictable licensing process will have an impact on the companies' willingness to invest. "It's a worrying situation. Starting a mine means huge investments so just the fact that environmental permits in Sweden are ten years makes it difficult to count on the economy in it. Boliden has always assumed that it is possible to renew the environmental permit at reasonable terms but if you lose that faith, you stop investing, ”he says.
According to Mikael Staffas, the development may come up against the climate change.
"There are many who talk about being fossil-free until 2045 but not so many of them are asking where we should get the metals that make it possible. The problem for Europe is not that there are too many mines, the problem is that there are for few, "he says.“
https://www.di.se/nyheter/svarare-att-fa-tillstand-att-bryta-bekymmersamt/