Keliber’s lithium project is progressing
Sibanye-Stillwater is preparing to further finance Keliber and is becoming the majority owner of the company.
The Board of Directors of our portfolio company Keliber will propose to the Keliber’s Extraordinary General Meeting a financing arrangement that will enable the mining and chemical plant project in Central Ostrobothnia in Finland to proceed as planned. As part of the arrangement, Keliber’s largest owner, Sibanye-Stillwater, an international company focused on mining and mineral processing, is emerging as the majority owner and the main financier of the project.
Finnish Minerals Group supports the proposed financing arrangement. We are evaluating and preparing our own financial contribution as a minority owner of Keliber.
CEO Matti Hietanen, Finnish Minerals Group, +358 40 823 8806, matti.hietanen(at)mineralsgroup.fi
The mission of Finnish Minerals Group is to responsibly maximise the value of Finnish minerals. We manage the State’s mining industry shareholdings and strive to develop the Finnish value chain of lithium-ion batteries. In addition, we are engaged in long-term technology development of the mining and battery industry. Through our work, we contribute to Europe moving towards electric transport and a more sustainable future. www.mineralsgroup.fi