Mining activities create disturbed and polluted areas in which revegetation is complicated, especially in northern areas. For the first time, the state of the ecosystems in the impact zone of tailings formed during the processing of rare earth element deposits in the Subarctic have been studied. This work aimed to reveal aspects of accumulation and translocation of trace and biogenic elements in plants (Avenella flexuosa (L.) Drejer, Salix sp., and Betula pubescens Ehrh.) that are predominantly found in primary ecosystems on the tailings of loparite ores processing. The chemical composition of soil, initial and washed plant samples was analyzed using inductively coupled plasma mass spectrometry. Factor analysis revealed that anthropogenic and biogenic factors affected the plants’ chemical composition. A deficiency of nutrients (Ca, Mg, Mn) in plants growing on tailings was found. The absorption of REE (Ce, La, Sm, Nd) by A. flexuosa roots correlated with the soil content of these elements and was maximal in the hydromorphic, which had a high content of organic matter. The content of these elements in leaves in the same site was minimal; the coefficient of REE bioaccumulation was two orders of magnitude less than in the other two sites. The high efficiency of dust capturing and the low translocation coefficient of trace elements allow us to advise A. flexuosa for remediation of REE-contained tailings and soils.