Mercuria CSR report 2022 - Flipbook - Page 51
deposits globally, the world is highly dependent on China for the mining of rare earth elements,
and even more so for the manufacturing of high-purity NdPr. This represents a significant strategic
challenge for Europe and the US, in particular with the current geopolitical situation.
We talked to John Andersen, Jr., the Chairman of REEtec, about the development of the company
so far and how sustainability is a source of competitive advantage. John is also the CEO Scatec
Innovation, the founding shareholder of REEtec.
While critical minerals such as rare earth elements are on the agenda for
governments and businesses today, what triggered your interest for this
area when REEtec was founded more than 10 years ago?
At Scatec Innovation our vision is