Hyperdrive
Dormant Swedish Mine Comes Alive in Rush for Car Batteries
- Central Woxna installation contains key ingredient graphite
- Canadian mining company plans to gradually restart operations
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The global race to develop batteries for electric cars is reaching deep into the pine forests of central Sweden, where a dormant graphite mine is getting a new lease on life.
Woxna, situated about 160 miles (259 kilometers) north of Stockholm, was mothballed in 2001 amid a slump in prices. Now, a Canadian company called Leading Edge Materials Corp. is preparing to revive operations.