The mineral resource sector in Sweden plays a crucial role in the country's economic growth and stability. The combination of abundant resources, supportive government policies, and the commitment of leading mining companies to sustainability and innovation ensures the continued success of this vital industry. As the global demand for minerals grows, Sweden is well-positioned to maintain its status as a leader in the sustainable extraction and responsible use of these valuable resources.
The Swedish government is committed to ensuring sustainable mining practices and has implemented various policies to promote responsible extraction of mineral resources. The Minerals Act (1991:45) regulates the exploration and extraction of minerals in the country, ensuring that the operations are environmentally sound and socially responsible. In addition, the government has set up the Geological Survey of Sweden (SGU) to provide essential geological information and promote the sustainable use of mineral resources.
Sweden has also formulated a Mineral Strategy that aims to strengthen the country's position in the global mining industry. This strategy focuses on three strategic goals: improving the competitiveness of the mining industry, ensuring long-term access to geological resources, and reducing the environmental impact of mining activities. To achieve these goals, the government is investing in research and development, providing support for innovation, and promoting international cooperation in the field of mineral resources.
The Swedish mineral resource sector is dominated by several large companies that have a strong presence both in Sweden and internationally. Some of the key players in the industry include: