Tuesday, 02 January 2024 12:17 GMT

Finland Inaugurates Its First Lithium Mine


(MENAFN) Finland inaugurated its inaugural lithium extraction facility Wednesday, positioning itself as a key supplier for the continent's expanding battery manufacturing sector.

Keliber, a mining company, commenced lithium operations in Finland's western region, establishing Europe's first battery-grade lithium processing plant, a broadcaster reported.

The initiative, years in development, represents a breakthrough as the continent's maiden battery-grade lithium production venture.

CEO Hannu Hautala emphasized the strategic advantage, stating: "We'll be the first to introduce European production, and of course, it is a competitive advantage due to the shorter delivery distance compared to imports from China."

The extraction operation spans three municipal jurisdictions: Kaustinen, Kokkola, and Kronoby, according to reports.

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