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Tag: lithium prices

New financing keeps Keliber project forging ahead

Miners News

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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Fuchs Lubricants South Africa unveils new grease

Miners News

Fuchs has revealed that one of its clients, which it called the world’s largest global diversified miners, has standardized the supplier’s RENOLIT CSX ULTRA across all its heavy mobile equipment, following extensive testing. The calcium sulphonate complex grease is now being blended locally by Fuchs Lubricants South Africa. Dave Gons, mining export technical export for Fuchs, explained the product is…

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