Keliber Progress Report January-March 2022

Keliber has today, 22 April 2022, published its progress of the Lithium Project in Q1 2022

During the First Quarter, Keliber made Tangible and Visible Progress 

Q1 in Brief

A Lost Time Injury at the Syväjärvi site occurred at the beginning of the year. Weekly onsite Environmental, Safety, and Quality meetings were agreed upon and started, and a reporting and handling tool to follow deviations was brought into use with the contractors.

The updated Definitive Feasibility Study (DFS) confirmed a solid financial and technical feasibility for Keliber’s lithium project.

Sibanye Stillwater made a EUR 5 million equity investment in Keliber in line with the investment agreement.

At the Rapasaari mining area, Tukes granted the Rapasaari mining permit, and the pilot for using the ore proceeded according to plan.

At the Syväjärvi mining area, a water management network, sedimentation ponds, and a wetland for overland flow were built and approved for use.

Sustainability
― CO2 emissions for future production were analysed. Keliber’s CO2 footprint will be very competitive based on a study.
― The Sustainability Review 2021 was released.

A public stakeholder meeting on the preparatory construction work progress gathered 200 conversationalists.

Recruitment of key personnel continued for project and production. Thomas Beck was nominated as Chief Commercial Officer and Management Team member. He will be joining the team by 1 May 2022.

The impact of the war in Ukraine is still difficult to estimate.

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