The ban on uranium exploration and extraction in Sweden, in effect since 2018, may soon be lifted. A government-commissioned report concluded that uranium should be regulated as a “concession mineral” under the Minerals Act. If this proposal is adopted, the legislation would come into force on January 1, 2026.
Minister for Climate and Environment Romina Pourmokhtari justified this recommendation by emphasizing the need to reduce Sweden’s dependence on fossil fuels and energy imports. “More than a quarter of Europe’s known uranium reserves are located in Sweden’s bedrock,” she stated, adding that exploiting these resources is crucial to combating climate change.
Energy and Industry Minister Ebba Busch also supported this initiative, highlighting its potential impact on Sweden’s energy independence and local economy. She pointed out that lifting the ban could create jobs while reducing reliance on mines in third countries.
Alignment with Energy Policy
This initiative is part of Sweden’s broader energy strategy, which includes a significant expansion of nuclear energy production. Australian mining company Aura Energy, owner of the Häggån project, is one of the stakeholders directly impacted. According to its CEO Andrew Grove, lifting the ban would strengthen Sweden’s energy security while supporting the transition to carbon-free energy.
Aura Energy noted that Sweden’s high environmental standards and rigorous permitting system would ensure responsible uranium mining. The Häggån project, located in Jämtland County, could meet the nation’s uranium needs for over 300 years at current consumption levels.
Ongoing Consultation
Before a final decision is made, the inquiry’s findings are being submitted for consultation with authorities, organizations, municipalities, and other stakeholders. The public also has the opportunity to submit comments until March 20, 2025.
For many observers, this development could have significant implications, not only for Sweden but also for Europe as a whole, as it seeks to secure uranium supplies amid an accelerated energy transition.