Keliber participates in international project for lithium-ion battery recycling

Nordic Mining’s associated company Keliber Oy participates together with Norwegian and international partners in a project aiming to develop and commercialise a new lithium-ion battery recycling process.

Keliber is one of the industrial partners in a project aiming to develop and commercialise a new lithium-ion battery recycling process that is suitable for the expected larger future battery volumes, and with a higher material recovery rate than today's technologies. Other industrial partners in the project are Norsk Hydro ASA (project leader), Glencore Nikkelverk AS and AS Batteriretur. The R&D partners in the project are Elkem AS Technology, IME RWTH Aachen (Germany), MIMI Tech (Germany), Agder University and NTNU (Norwegian University of Science and Technology). The project has been granted financial support from the Research Council of Norway.

The increasing use of lithium-ion batteries in mobile electronics, electric vehicles and energy storage solutions makes recycling of materials commercially attractive and environmentally important. Lithium-ion batteries contain valuable materials such as lithium, cobalt, nickel, copper, aluminium, graphite and special fluoride salts.

CEO Ivar S. Fossum comments: “Going forward, mineral recycling will become increasingly important. Keliber’s engagement in lithium-ion battery recycling confirms a strong commitment to sustainability.”

For further information please see Keliber’s press release today at www.keliber.fi.


Oslo, 27 June 2018 
Nordic Mining ASA



Nordic Mining ASA (www.nordicmining.com)

Nordic Mining ASA ("Nordic Mining" or "the Company") is a resource company with focus on high-end industrial minerals and metals in Norway and internationally. The Company's project portfolio is of high international standard and holds a significant economic potential. The Company's assets are in the Nordic region.

Nordic Mining is undertaking a large-scale project development at Engebø on the west coast of Norway where the Company has rights and permits to a substantial eclogite deposit with rutile and garnet. Permits for the project have been granted by the Norwegian government, and a prefeasibility study was completed in October 2017. Nordic Mining's associated company Keliber in Finland is in the process of completing its definitive feasibility study and preparing for production of lithium carbonate. Nordic Mining has rights for exploration and production of high-purity quartz in Kvinnherad in Norway. Further, the Company holds exploration rights at Reinfjord in northern Norway where a prospective area of sulphide mineralisation has been discovered. Nordic Mining is also exploring opportunities related to seabed mineral resources.

Nordic Mining is listed on Oslo Axess with ticker symbol "NOM".
 

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