New financing keeps Keliber project forging ahead

Sibanye-Stillwater has secured an additional 500 million euros (US$557.30 million) debt financing to complete the majority-owned Keliber lithium mine in Finland, reported Reuters. The South African producer said the financing, partly funded by the European Investment Bank (EIB), will help it bring the project to production in 2026. James Wellsted, spokesperson for Sibanye-Stillwater, said the company will continue to advance…

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Metso validates process as Planet Positive

To cater for the rapidly increasing demand for battery-grade lithium required for the energy transition, Metso has reviewed its lithium hydroxide technology and service offering, and, as part of the review, has announced its sulphate-free alkaline pressure leach process is a Planet Positive technology for the production of battery-grade lithium. Metso’s hydrometallurgical alkaline leach process is a simple and safe…

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Nearly 400 new mines needed for EV demand: Fraser Institute

A new study released by Canadian public policy think-tank Fraser Institute finds that 388 new mines must be built to provide the necessary minerals to meet international government mandates for electric vehicles. “The sheer scale of mining required to meet EV mandates raises serious questions about the timelines being imposed by governments,” said Kenneth Green, senior fellow at the Fraser…

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LKAB discovers Europe’s largest RE deposit

Swedish state-owned miner LKAB has identified more than 1 million tonnes of rare earth oxides in the Kiruna area in the northern part of the country – the largest known such deposit in Europe, reported Reuters. “This is good news, not only for LKAB, the region and the Swedish people, but also for Europe and the climate,” LKAB CEO Jan…

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Production begins at Piauí Nickel Project

After an 18 month construction and commissioning period, UK-based Brazilian Nickel has begun continuous nickel production from its Piauí Nickel Project in northeast Brazil.  The junior miner said the first nickel hydroxide product was produced at the project’s PNP1000 – the world’s first stand-alone nickel laterite heap leaching operation. Annual production for this year is anticipated to be 300 tonnes…

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