Keliber

Keliber Oy is a Finnish mining company.

Keliber
Keliber Oy
TypeOsakeyhtiö
IndustryMining
Founded1989
Headquarters
Kokkola
,
Finland
Key people
Seitovirta Mika Ilkka (Chairman)
Hannu Hautala (CEO)
RevenueDecrease €12 million (2024)[1]
Decrease €−11 million (2024)[1]
Number of employees
105 (2024)[1]
ParentSibanye-Stillwater (80%)
Finnish Minerals Group (20%)

Keliber Oy is a Finnish mining company.

Keliber has been a subsidiary of the South African mining company Sibanye-Stillwater since 2022, which owns 80% of the shares. The remaining shares are owned by the state-owned Finnish Minerals Group.

History

Keliber was founded in 1989 as a limited company. The Norwegian Nordic Mining ASA bought 68% of Keliber in 2008.

In 2017, the company raised €5 million from domestic investors through a share issue.[2]

In 2018, Keliber completed a definitive feasibility study based on the production of battery-grade lithium carbonate, and in 2019 it published an updated feasibility study that shifted the planned end product to battery-grade lithium hydroxide.[3]

In late 2022, Sibanye-Stillwater approved the implementation of the Keliber lithium project, and construction of the lithium refinery in Kokkola began in March 2023.[4] Keliber officially began lithium mining on 12 February 2026.[5]

Operations

Lithium mining

The European Commission granted the Keliber lithium project "strategic project" status under the EU's Critical Raw Materials Act.[6] Keliber owns several lithium deposits across Central Ostrobothnia, in Western Finland on the Gulf of Bothnia.[6]

The Keliber lithium mining is expected to be the first lithium mining and processing operation in Europe, producing battery-grade lithium hydroxide.[6][5] Keilber estimates an annual production of 15,000 tonnes of lithium hydroxide monohydrate for at least 18 years.[6] Their quarry is located at Syväjärvi, and then the mined resources are moved to a concentrator in Päiväneva, and lastly moved to Kokkola chemical plant where it is refined into lithium hydroxide for sale to battery manufacturers.[5]

Keliber plans to open six other mining areas in the Kaustinen, Kokkola and Kronoby areas.[5]

References

  1. ^ a b c "Company search Keliber Oy (0752546-7)". Kauppalehti. 2024.
  2. ^ "Keliberin osakeanti keräsi rahoitusta 5 miljoonaa euroa – Osuuskunta PPO merkitsi annista puolet". Keliber. 12 July 2018.
  3. ^ "Updated Definitive Feasibility Study: Lithium hydroxide production significantly improves profitability of Keliber's Lithium Project". News Powered by Cision. 2019-02-28. Retrieved 2026-05-18.
  4. ^ "Finland: EU and Sibanye-Stillwater, through its Keliber lithium project, join forces in €150 million deal to improve EU access to and resilience in battery materials". European Investment Bank. Retrieved 2026-05-18.
  5. ^ a b c d "Finland opens Europe's first lithium mine". Yle. Yle. 12 February 2026.
  6. ^ a b c d "Keliber lithium project". Keliber. Sibanye-Stillwater. 27 March 2026.


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