PGM leader Sibanye-Stillwater enters battery metals sector through a partnership with and investment in lithium miner Keliber
International precious metals mining company Sibanye-Stillwater has entered into an investment agreement with Finnish lithium miner Keliber Oy.
Keliber’s wholly owned, advanced lithium project, the Keliber project, is located in Kaustinen, Kokkola and Kruunupyy municipalities in Finland, which are among the most significant lithium-bearing areas in Europe.
Finland represents an attractive low risk mining jurisdiction (top five jurisdiction in the Fraser Institute) and has developed a National Battery Strategy that outlines the objectives for the country to become a competitive, competent and sustainable player in the international battery industry. Europe is rapidly becoming a leading hub for the manufacture of batteries for electric vehicles and Keliber’s location in Finland enables efficient transport of lithium hydroxide to European customers.
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