How a Soviet nuclear site could be key to Europe’s EV market
A radioactive pond filled in and covered in grass in Sillamae, Estonia, is host to the only major processing plant outside Asia for rare earth metals used in the automotive industry.
The decision to close the plant, which has capacity of 100,000 tonnes a year, follows a sharp increase in power prices in Italy and the rest of Europe.
Global miner has no plans to follow in the footsteps of peers BHP and Shell to collapse its dual listing, according to people familiar with its thinking.