CAB’S SUBSCRIBE NORTH KÄRR MINING LEASE APPLICATION
for Norra Karr. This step forward precedes a final decision on the application by the Mining Inspectorate (Sw. Bergsstaat).
In the permit process for opening a mine in Sweden, the CAB is a mandatory consultation party in the assessment of the application. Because the Norra Kärr deposition crosses provincial borders, there are two CBIs that submit their written opinions: the provinces of Jönköping and Östergötland. If the Mining Inspectorate and the relevant CBI do not agree on an application, it will be transferred to the government for a final decision. But now, with the approval of the CABs, the decision will be made by the Mines Inspectorate.
Comment from Kurt Budge CEO:
“This is an important step towards efficient licensing by Norra Kärr. While it should be noted that this is not a formal licensing decision, it is important advice that says we have done what we need to do at this stage of the licensing process. I am pleased to see that we have complied with all licensing procedures and have been able to meet the CAB’s information requirements. Importantly, this also means that the application will not be subject to a decision by the Swedish government.
It is a credit to the Swedish technical, legal, sustainability and stakeholder engagement teams, who have worked for many years on Norra Kärr to potentially obtain an operating concession; that in turn would give us exclusive rights to develop the deposit over a 25-year period. An environmental permit will have to be granted in the next permit phase. In it, every question regarding the impact on the environment, including water, will be addressed in detail.
On behalf of the Board of Directors,
Leading Materials Corp.
Kurt Budge, CEO
For more information, please contact the company at:
info@leadingedgematerials.com
www.leadingedgematerials.com
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About leading materials
Leading Edge Materials is a Canadian publicly traded company focused on developing a portfolio of critical raw materials projects in the European Union. Critical raw materials are determined as such by the European Union based on their economic importance and supply risk. They are directly linked to fast-growing technologies such as lithium-ion batteries and permanent magnets for electric motors, wind turbines and defense applications. The portfolio of projects includes the 100% owned Woxna Graphite mine (Sweden), the 100% owned Norra Kärr Heavy Rare Earth Elements project (Sweden) and the 51% owned exploration alliance Bihor Sud Nickel Cobalt (Romania).
Additional information
The information was submitted for publication through the agency of the contact listed above on December 3, 2025 at 11:30 PM Vancouver time.
Leading Edge Materials is listed on the TSXV under the symbol “LEM”, OTCQB under the symbol “LEMIF” and Nasdaq First North Stockholm under the symbol “LEMSE”. Svensk Kapitalmarknadsgranskning (“SKMG”) is the company’s certified advisor for the Nasdaq First North Growth Market (Stockholm) and can be contacted via email ca@skmg.se or by telephone +46 (0)8 913 008.
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- 20251203 PR Norra Kärr CAB decision
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