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Finland becomes first country in Europe with full lithium cycle from mine to refinery

2026-04-28 19:49:00, Kosova & Bota CNA

Finland becomes first country in Europe with full lithium cycle from mine to

Finland has become the first country in Europe to offer a full lithium production cycle from mining to refinery.

This strategic resource is critical to the production of modern electronics.

The Syväjärvi open-pit mine in Kaustinen will produce battery-grade lithium hydroxide, a critical material for modern electronics, ranging from electric vehicles to smartphones.

Demand for lithium is often compared to demand for oil at the dawn of the 20th century, and Finland holds some of Europe's largest reserves of it. Keliber CEO Hannu Hautala said the project would reduce Europe's dependence on lithium imports from Asia and Australia./CNA





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