Sibanye asks for EU concessions as it ramps up Europe's first lithium mine

Sibanye asks for EU concessions as it ramps up Europe's first lithium mine

South Africa’s Sibanye Stillwater said on Monday it is seeking concessions from the European Union to shield Europe’s first large-scale lithium mining and processing venture from price volatility and unfair competition. Diversified miner Sibanye is advancing its Keliber lithium project in Finland in phases as it seeks to manage risk in a volatile pricing environment for the battery metal. It began mining lithium ore at the Syväjärvi open-cast mi…

Sibanye-Stillwater starts talks with EU on ensuring Keliber’s viability

A DECISION on when to proceed with the third phase of the full €763m Keliber project in Finland, the refinery, is expected to be made in the fourth quarter of this year, once there is clarity on sustainable pricing, CEO Richard Stewart said yesterday. He was speaking at the group’s International and Recycling Operations Capital Markets Day. Management’s update on the Keliber project showed that construction of the Syväjärvi open pit lithium mine…