Oginvest schrieb 12.02.24, 11:28
Finnish Minerals Group and Anglo American to explore joint opportunities to further support Finland’s battery strategy
Finnish Minerals Group and Anglo American, one of the largest mining companies globally, have signed a memorandum of understanding (“MoU”) to work together to explore opportunities to further support Finland’s battery strategy.
Finnish Minerals Group and Anglo American jointly explore the potential of the Finnish mining industry and strengthen the companies' capabilities to build a battery value chain and the required responsible mining operations in Finland. The collaboration enables to combine international experience and resources with Finnish know-how and understanding of local conditions.
Domestic mining is an opportunity for Finland to provide a stable, secure, resource efficient source of the metals and minerals needed for the world to decarbonise. As one of the few countries in the world investing across the entire battery value chain, from mineral extraction to recycling, Finland is well positioned to respond to the increase in demand for responsibly sourced critical raw materials, as countries prioritise resilience and sustainable access to these minerals with increased urgency and focus.
Jani Kiuru, SVP Raw Materials at Finnish Minerals Group, says: ”Exploring joint opportunities with Anglo American is a natural choice for us as they already know the Finnish operational environment. In addition, the company has a long history in mining and is a forerunner in sustainability. We believe this collaboration reinforces both parties by combining local and global know-how in sustainability and technological development, thus maximising the value of Finnish minerals responsibly. We see there is a mutual understanding on the vast possibilities and importance of Finnish minerals for the green transition.”
Alison Atkinson, Projects & Development Director at Anglo American, says: “Finland is a highly attractive investment destination and has a strong heritage in both mining and innovation. We look forward to working with Finnish Minerals Group, whose mission is to responsibly maximise the value of Finnish minerals, to explore the wealth of opportunities that our agreement could offer. This agreement further strengthens our commitment to Finland as well as to our Sakatti project, a true polymetallic orebody very much aligned to Finland’s and the EU’s critical minerals priorities. Sakatti is designed as the next generation of FutureSmart Mining™, building on what we have learned in terms of minimal surface footprint and using technology and innovation to deliver ever better environmental and social outcomes, whilst producing essential raw materials needed to transition to a greener, low carbon energy future.”
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https://www.mineralsgroup.fi/topical/news/finnish-minerals-group-and-anglo-american-to-explore-joint-opportunities-to-further-support-finlands-battery-strategy.html
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