Keliber Progress Report April-June 2022

Keliber has today, 22 July 2022, published the Progress Report of the Lithium Project in April-June 2022. During the spring and early summer, Keliber managed to achieve several of its goals. Q2 in Brief:

• No recordable injuries. “Safety first” meetings in cooperation with contractors began.
• Funding for the Keliber Project secured - Sibanye-Stillwater to become the majority owner.
• The lithium chemical plant was granted the environmental permit, including the right to start operations despite possible appeals. The building permit was granted in April.
• Zoning of Keliber’s main mining areas and the Päiväneva concentrator area became legally valid.
• The building permit for the Päiväneva concentrator was granted.
• Keliber’s Mineral Resources increased by 9%, thanks to the new lithium deposit Tuoreetsaaret.
• At the Syväjärvi mine area, the first blast to extract material necessary for road construction was conducted. See the video!
• Around 200 contractors, subcontractors and service providers gathered to discuss Keliber´s procurement needs.
• Battery-grade lithium hydroxide monohydrate was produced in a test programme based on ore from Keliber’s largest lithium deposit, Rapasaari.
• The Annual General Meeting on 27 April 2022 reelected the current members of the Board.

The report is available as an attachment below and on the page Reports and presentations, where all of the quarterly Progress Reports are available.

Board of Directors of Keliber Oy

Keliber in Brief

Keliber is a Finnish mining and battery chemical company that aims to start the sustainable production of battery-grade lithium hydroxide, utilising its own ore, in 2024.

www.keliber.fi/en