Sakatti copper and polymetallic project, Finland – update
Photo by Anglo American
Name of the Project
Sakatti copper and polymetallic project.
Location
Finnish Lapland, 15 km north of Sodankylä.
Project Owner/s
Multinational mining company Anglo American.
Project Description
Sakatti is a polymetallic greenfield project containing copper, nickel, platinum, palladium, gold, silver and cobalt.
The mine design reflects the latest studies, and production profile which is expected to deliver 60 000 t/y to 80 000 t/y copper equivalent production from a state-of-the-art mine design with minimal surface footprint.
In March 2025, the project was awarded strategic project status under the European Union Critical Raw Materials Act, which enables it to benefit from the more efficient processing of permitting applications.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Capital expenditure is subject to ongoing studies, permitting and approvals.
Planned Start/End Date
The project is expected to start from the early 2030s.
Latest Developments
Prefeasibility studies (PFSs) are ongoing, with the mine design reflecting the latest studies and production profile, subject to permitting and approvals.
Anglo further notes that the Finnish environmental-impact assessment has been approved, with the Natura 2000 assessment progressing.
The PFS-B is targeted for December 2026.
Key Contracts, Suppliers and Consultants
Not stated.
Contact Details for Project Information
Anglo American (UK), James Wyatt-Tilby, tel +44 20 7968 8759 or email james.wyatt-tilby@angloamerican.com.
Article Enquiry
Email Article
Save Article
To advertise email advertising@creamermedia.co.za or click here
Projects
Latest Multimedia
Latest News
Showroom
ESAB South Arica, the leading supplier of high-end welding and cutting products to the Southern African industrial market is based in...
VISIT SHOWROOM
At Airshrink - CiP, we surpass customer expectations with innovative MV and LV cable accessories, including heat shrink joints, terminations,...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
