Leading Edge Materials Provides an Update ON the Norr Kärr HREE Project
NEWS RELEASE September 21, 2025
LEADING EDGE MATERIALS CORP.
14th Floor 1040 West Georgia Street, Vancouver, BC, V6E 4H1
[email protected] | www.leadingedgematerials.com
TSX.V: LEM | Nasdaq First North: LEMSE | OTCQB: LEMIF | FRA: 7FL
LEADING EDGE MATERIALS PROVIDES AN UPDATE ON THE NORR KÄRR HREE PROJECT
Vancouver, September 21, 2025 – Leading Edge Materials Corp. (“Leading Edge Materials” or the
“Company”) (TSXV: LEM) (Nasdaq First North: LEMSE) (OTCQB: LEMIF) (FRA: 7FL) has through its
100% owned Swedish subsidiary Greenna Mineral AB (“GMAB”) submitted supplementary
information in respect of the Company’s application for an Exploitation Concession – 25-year
mining lease - for the Norra Kärr Heavy Rare Earth Elements Project (“HREE”).
The supplements have been prepared in response to requests by the County Administrative Boards
of Jönköping and Östergötland and statements from various regional stakeholders for additional
information on the possible environmental impacts of the project. The Company’s response has
now been sent to the Mining Inspectorate (Sw. Bergsstaten) for further review.
China dominates all stages of the rare earth elements supply chain from mining to permanent
magnet manufacturing; a position built over decades through a comprehensive state -directed and
funded industrial policy. Europe relies heavily on China for HREEs.
On 24 July, the EU successfully negotiated a relaxation of REE export restrictions imposed by China
in April. The current geopolitics of REEs underscores the urgent requirement for the establishment
of secure and reliable critical raw materials supply chains in Europe. The earlier export restrictions
led to substantial price increases for HREEs, particularly dysprosium and terbium, due to their
limited availability outside of Chinese sources. The Norra Kärr deposit, which contains significant
quantities of HREEs, including dysprosium and terbium, uniquely positions the Norra Kärr project in
addressing these supply constraints.
The Geological Survey of Sweden (“SGU”) in its capacity as an expert authority for issues relating to
geology and minerals in Sweden has stated, with the respect to the Company’s application for an
mining lease, that the deposit at Norra Kärr is very important for Sweden's and the EU's supply of
rare earth metals, and that Norra Kärr is one of Europe's richest deposits for these minerals –
especially with regard to heavy rare earth elements - the SGU discovered Norra Kärr in the early
1900s and designated it of national interest for its minerals in 2011.
Kurt Budge CEO comments:
"We are confident that we have comprehensively addressed all questions and concerns raised
during this permitting stage. With over 15 years of development work on Norra Kärr since 2009,
every aspect of the project has undergone thorough investigation and a nalysis.
Our Swedish team brings deep expertise and directly relevant experience to this Exploitation
Concession application, giving us strong confidence in our ability to develop Norra Kärr successfully
while maintaining full environmental protection and deliverin g the critical Heavy Rare Earth
Elements that European permanent magnet manufacturers require.
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We are actively engaging with local communities to highlight how significantly the current Norra Kärr
project differs from previous plans. The new approach features a 65% smaller operational footprint,
streamlined operations focused solely on extraction and mineral processing, enhanced commercial
potential through valuable HREE and industrial mineral products, and substantially reduced
environmental impact.
While important work remains through the comprehensive Environmental Permitting process, the
Greenna Mineral team looks forward to collaborating with local stakeholders, establishing
operations that benefit the local community, and supporting Sweden's lead ership position in
European critical raw materials production."
On behalf of the Board of Directors,
Leading Edge Materials Corp.
Kurt Budge, CEO
For further information, please contact the Company at:
www.leadingedgematerials.com
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About Leading Edge Materials
Leading Edge Materials is a Canadian public company focused on developing a portfolio of critical
raw material projects located 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 high growth 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), 100% owned Norra Kärr H eavy Rare Earth Elements project
(Sweden), and the 51% owned Bihor Sud Nickel Cobalt exploration alliance (Romania).
Additional Information
The information was submitted for publication through the agency of the contact person set out
above, on September 21, 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 Adviser for the Nasdaq First North
Growth Market (Stockholm) and may be contacted via email [email protected] or by phone +46 (0)8 913
008.
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and, therefore, readers are advised to rely on their own evaluation of such uncertainties. The
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