Finland launches first lithium mine in the EU

The Keliber lithium project of the South African mining giant Sibanye-Stillwater, worth about 800 million euros, will start in western Finland, in the Central Ostrobotia region, the Yle portal reports.

"Finnish lithium production has received permission to launch: the project will be launched ( ) worth almost 800 million euros," the publication says.

Keliber will be the first battery-grade lithium mining project in Europe.

"The Keliber lithium project is the most advanced integrated lithium project in Europe (EU), with a planned production volume of lithium hydroxide monohydrate (LiOH) with a battery quality of about 15,000 tons per year for over 18 years," Sibanye-Stillwater said in a press release.

The company clarifies that the lithium project in Finland includes the entire production chain, from sales, in particular, to sales.