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Rapasaari lithium mine and the Päiväneva concentrator project, Finland

Image of Finland flag and periodic table symbol for lithium

20th August 2021

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Rapasaari lithium mine and the Päiväneva concentrator project.

Location
Kaustinen, Kokkola and Kruunupyy municipalities, Finland.

Project Owner/s
Keliber.

Project Description
The Rapasaari mine comprises openpit and, at a later stage, underground mining.

In addition to ore extraction, mining activities will include the extraction and stockpiling of waste rock, as well as the treatment and discharge of water from the area.

The Rapasaari deposit contains total mineral resources of 9.64-million tonnes, with an average lithium oxide grade of 0.98%.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Capital Expenditure
Not stated.

Planned Start/End Date
Construction of the infrastructure and production facilities is scheduled to begin by mid-2022.

Keliber plans to start the production of battery-grade lithium hydroxide in 2024.

Latest Developments
Keliber submitted applications to the Regional State Administrative Agency for Western and Inland Finland in June 2021 for environmental and water management permits for the Rapasaari mine and the Päiväneva concentrator.

Key Contracts, Suppliers and Consultants
Payne Geological Services (mineral resources estimate) and FLSmidth (process engineering services).

Contact Details for Project Information
Keliber, tel +358 10567 0600 or email info@keliber.fi.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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