Make Kitco Your Homepage

Sibanye-Stillwater backed lithium dev co submits permits

Kitco News

Keliber said on Wednesday that it submitted its environmental and water management permits for the Rapasaari mine and the Päiväneva concentrator located in Finland.

The development company said it aims to become the first European company to start the production of battery-grade lithium hydroxide in 2024. Construction of the infrastructure and production facilities is scheduled to begin by mid-2022.

Platinum metal giant Sibanye-Stillwater is one of Keliber's largest shareholders with 17.9% of the company.

"We have now reached the important stage of applying for permits for the concentrator and our second main mine area in Rapasaari. We would like to thank our neighbours, partners and the authorities for their constructive and good cooperation," says CEO Hannu Hautala.

"We are pleased to have submitted the permit applications to the authorities on time and according to schedule. We will continue to develop our operations and efforts to reduce the environmental impact throughout the project's life cycle. In the autumn, we welcome everyone to our public events, where we will be talking about the progress of the lithium project," says Environmental Manager Kari Wiikinkoski.

Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.