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Stockholm, 7 December 2022 – SRH AlsterResearch’s analysts have initiated coverage of Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “EBM”, “Eurobattery” or “the Company”). The independent analysts have issued a speculative BUY recommendation with a price target of SEK 12.25 for the shares of the junior miner focused on the responsible mining of battery minerals. At the current share price of SEK 4.73, this corresponds to a price potential of 159%. The corresponding euro target price is EUR 1.12 based on an exchange rate of EUR 0.0918 per SEK (current share price: EUR 0.43). The assessment is based on EBM’s good positioning to benefit from the rapidly increasing demand for minerals such as nickel, cobalt or copper, which are essential for the electrification of the global Automobile industry. EBM will be able to meet this demand thanks to the high forecast mineral deposits.
The calculation of the target price is based on a post money valuation, taking into account the current capital increase of up to SEK 50 million, which is intended to increase the Company´s stake in the main resource Hautalampi. The analysts’ valuation so far only takes into account the existing 40% share in Hautalampi. The expansion of the shareholding expected during the capital measure consequently offers further upside potential.
In its initial study, AlsterResearch highlights that EBM’s projects are located exclusively in tier-1 countries such as Sweden, Finland and Spain. Ethical, traceable, and environmentally friendly aspects make EBM an ideal ESG-compliant investment and complete the analysts´ overall positive outlook. Moreover, EBM has a strong track record of increasing mineral estimates of flagship projects. This reflects well on the quality and assessment capability of EBM’s Management. A contributing factor to the analysts’ positive assessment is the fact that EBM’s main resources at Hautalampi, Finland, are categorized as “measured resources” with a probability greater than 90% of resource availability and purity, and these have already reached the feasibility stage. This sets EBM apart from other mining companies that have less mature and therefore less probable mining resources.
The detailed research study is available for download on the Eurobattery Minerals AB website under the following link:
https://eurobatteryminerals.com/pdf/alsterresearch-initiation-eurobattery-minerals.pdf.
About AlsterResearch AG
AlsterResearch AG is an independent equity research house that focuses on the analysis and marketing of listed German and selected European stocks. The entire coverage of nearly 100 companies can be accessed freely via the digital ResearchHub (www.research-hub.de). The target groups are in particular boutique funds, family offices and independent money managers in Germany and abroad, which are nowadays cut off from professional research due to regulations such as MiFiD II.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
Email: info@eurobatteryminerals.com
Contact Investor Relations
Sara Pinto
Phone: +49 (0) 89-1250903-35
Email: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB
Phone: +46 (0) 86 042 255
Email: info@augment.se.
Stockholm, 25 November 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “EBM”, “Eurobattery” or “the Company”) today announced that Mr. Ilari Kinnunen has been appointed new Managing Director (MD) of FinnCobalt Oy in Finland as of 01st of March 2023, replacing the current MD Markus Ekberg, who will be retiring. Markus Ekberg will continue as the Chairman of the Board of FinnCobalt Oy. Mr. Ilari Kinnunen, will be responsible for the development and operations of Hautalampi battery mineral mine development project. Eurobattery Minerals owns 40% of the FinnCobalt Oy and Hautalampi project and has the option to acquire 100%.
“I am very pleased to welcome Ilari to Eurobattery Minerals. With his experience, he will be instrumental in developing our battery mineral project in Finland into a mine. At the same time, I would like to express my big gratitude to Markus, who has been a critical part of our operations in bringing us this far. In his position, he has paved the way for a very promising battery mineral mine in Finland,” said Roberto García Martínez, CEO of Eurobattery Minerals.
Ilari Kinnunen brings almost 20 years of experience in different roles in the mining sector. Most recently, he was the Senior Mining Manager in Finland at global company Elementis Minerals Oy, where he previously held several other senior positions. Ilari has an M. Sc. in Mineral Engineering from the Aalto University, department of chemistry and material science. He will be based in Outokumpu in Finland, where the Hautalampi project is located.
“I am excited to join Eurobattery Minerals and take on the responsibility of developing the highly promising Hautalampi mine project with the rest of the talented team. Having the full right to exploit all the mineral resources in the mining concession area the pre-feasibility study is our next priority,” said Ilari Kinnunen.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact FinnCobalt Oy
Markus Ekberg – Managing Director
E-mail: markus.ekberg@finncobalt.com
Phone +358 40 706 4850
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Sara Pinto
Phone: +49 (0) 89-1250903-35
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB
Phone: +46 (0) 86 042 255
E-mail: info@augment.se.
Stockholm, 16 November 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “EBM”, “Eurobattery” or “the Company”), today announces that it has received the final verdict of the Hautalampi mining concession proceeding. The final verdict has an appeal period of 30 days. Eurobattery Minerals owns 40% of the FinnCobalt Oy and Hautalampi project. Eurobattery Minerals plans to acquire the remaining 60% of the owner company FinnCobalt Oy during the first half of 2023.
The mining concession will give FinnCobalt Oy all rights to exploit all mineral resources located in the mining concession area (a map of the area is attached in the appendix). The Company already owns 93% of the total concession area of 277 hectares. The remaining land hold is owned by the local parish and private landowners that will be paid a compensation of a total of EUR 27,000 due in three months’ time.
“The completed mining concession proceeding in Hautalampi brings us one step closer to a much-needed European battery mineral mine. We now have the full right to exploit all the mineral resources in the area according to Finnish mining law. Along with completing the environmental permit application, we are planning for the pre-feasibility study at the beginning of 2023,” said Roberto García Martínez, CEO of Eurobattery Minerals AB
Attached to this press release is an appendix with a map of the mining concession area.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Sara Pinto
Phone: +49 (0) 89-1250903-35
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se.
Stockholm, 14 November 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “EBM”, “Eurobattery” or “the Company”), today announced the extension of all its seven exploration permits in Sweden with one year.
“I am pleased that we have extended our exploration permits in Sweden. We need more mines in Europe to meet the need for responsible and European mined battery minerals to power the electric revolution as well as clean energy. Several of our Swedish projects have the potential to provide these critical raw materials and could thus contribute to an increased self-sufficiency of battery minerals in Europe,” said Roberto García Martínez, CEO of Eurobattery Minerals.
The Swedish Mining Inspectorate has decided that all Eurobattery Minerals exploration permits have been automatically extended by one year. The extension is a result of legislative change mitigating the effects of Covid-19, which extends the validity of all exploration permits that were in force on 9 June this year.
Eurobattery Minerals held seven (7) exploration permits for battery minerals in Sweden and the Swedish Mining Inspectorate has confirmed that all of these have now been extended one year.
Below is a list with all Eurobattery Minerals held exploration permits in Sweden including mineral and metal focus along with its location.
- Bruksberget – copper, silver, and gold. Located in Västernorrland.
- Brännkammen – silver, zinc, lead and gold. Located in Västerbotten.
- Fetsjön 1 – nickel, vanadium, and molybdenum. Located in Västerbotten
- Pahtavaara – copper and gold. Located in Norrbotten.
- Pietarasjärvi – copper. Located in Norrbotten.
- Rönnberget 1 – nickel, vanadium, and molybdenum. Located in Västerbotten.
- Sörtjärn – zinc, lead and gold. Located in Västerbotten.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Sara Pinto
Phone: +49 (0) 89-1250903-35
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se
Stockholm, 18 October 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “EBM”, “Eurobattery” or “the Company”), today announces that it has received the complete JORC-compliant report entitled “Hautalampi Ni-, Cu-, Co-Deposit Mineral Resource Estimate, Outokumpu, Finland”. The company already announced the findings of the report on 29 September 2022.
The independent JORC-compliant report prepared by AFRY Finland Oy concludes that, compared to previous analysis in 2021, the available mineral resources in the mine project has almost doubled with around 40% more metals. Eurobattery Minerals owns 40% of the Hautalampi project and have the option to acquire 100% from its current majority owner FinnCobalt.
“I am delighted that the final report confirms that our Finnish mine project is a significant source for responsible mined battery minerals in Europe with almost 40% more metals than previous estimates. We are now conducting further technical and economical evaluations of the viability of our Finnish battery mineral project,” Roberto García Martínez, CEO of Eurobattery Minerals, comments the independent report.
The mineral resource is calculated using a database containing approximately 86,500 meters of diamond core drilling including 4,600 meters drilled during the 2021 campaign.
The report has been prepared by AFRY Finland Oy and can be downloaded at:
Competent Person’s statement
The information in this release that relates to mineral resources is based on information compiled by Mr. Ville-Matti Seppä, a Competent Person who has an EurGeol qualification.
Mr. Seppä is a full-time employee of AFRY Finland Oy. He has sufficient experience that is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the “Australasian Code for Reporting of Exploration Results, Mineral Resources, and Ore Reserves”. Mr. Seppä has reviewed, verified, and approved the contents of this news release as they relate to the mineral resource report. Mr. Seppä owns no shares in FinnCobalt Oy or Eurobattery Minerals AB.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Sara Pinto
Phone: +49 (0) 89-1250903-35
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se.
Stockholm, 26 September 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “EBM”, “Eurobattery” or “the Company”), today announces that FinnCobalt Oy, the majority owner of the Hautalampi project, has received a request for additional information for the Hautalampi project Environmental Impact Assessment (EIA) Report from the North Karelia Centre for Economic Development, Transport and the Environment (“ELY-centre“). Eurobattery Minerals owns 40% of FinnCobalt and has an option to increase the ownership to 100%.
The complex nature of the former copper mine site requires more information on the current environmental situation to be submitted as a part of the Environmental Impact Assessment. The authorities also require some more detailed technical information, especially about the proposed Tailings Storage Facilities.
“Our view is that these requirements will help and speed up the process of the final environmental permit application. The work to complete the EIA and preparation of the final environmental permit application will now commence simultaneously,” comments Roberto García Martínez, CEO of Eurobattery Minerals AB.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Sara Pinto
Phone: +49 (0) 89-1250903-35
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se
Stockholm, 30 August 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “EBM”, “Eurobattery” or “the Company”) today announces that it has submitted the necessary document to the Energy & Mining Service of La Coruña, Spain, to complete the Environmental Impact Statement and the Operating Permit for its Spanish battery mineral project Corcel.
“The nickel-cobalt-copper mine in northern Spain will be instrumental in delivering responsibly mined raw material needed for a clean transition of the electric vehicle and energy industry. Due to their scarcity and as a result of the increased demand in recent years, these are recourses declared strategic by the European Union. At Eurobattery Minerals, we are committed to responding to European policymakers and businesses with battery minerals mined in Europe”, said Roberto García Martínez, CEO of Eurobattery Minerals.
More information about the documents submitted
Completion of the Environmental Impact Statement and the Operating Permit is fundamental for the start of mining operations in Corcel. In order to obtain these permits, Eurobattery Minerals has now submitted the Exploitation Project (1), the Environmental Impact Study (2), and the Restoration Plan (3) to the local authorities.
- The Exploitation Project (1) justifies that the Ni-Co-Cu resources within the Corcel project allow for developing a technically and economically viable mining project.
- The Environmental Impact Study (2) analyses the current state of the area where the project will be developed and identifies the possible impacts of the mining project’s implementation on the environment.
- Based on the Environmental Study, the proposed Restoration Plan (3) will be designed for the area’s environmental and landscape integration and ecological improvement. The Restoration Plan justifies that the development of the Corcel mining project adds value to a resource declared as strategic by the European Union due to its scarcity and increased demand in recent years. Furthermore, the development of the Corcel mine is contributing to the “ecological transition” and decarbonisation. It allows the development of an economic activity that generates wealth and employment and positively impacts the area where the project will be implemented.
About the Corcel project
The Corcel project compromises three different deposits (Castriz, Monte Mayor and Monte Castello) and is located on a large Ni-Co-Cu deposit in the northeast of Spain. Based on results from several recent drilling campaigns and independent reports, Eurobattery Minerals aims to produce minerals for a few million car batteries with a capacity of 60 kWh from the Corcel project in the future.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Linda Lenz
Phone: +49 (0) 172 834 18 92
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se
Representative survey: 48 percent are willing to pay a higher price for sustainable battery production – 57 percent support more mining in Europe for critical minerals
Electromobility is the buzz word of our time. But where do the raw materials that are urgently needed for the electric revolution come from? Lithium, cobalt, nickel, and copper – without these minerals, the manufacture of batteries and thus the production of electric cars is not possible.
The mining company Eurobattery Minerals (Nordic Growth Market: BAT and Börse Stuttgart: EBM) wanted to know what the end customer, i.e. the car buyer, thinks about the procurement of these minerals, especially from countries like Congo, Chile, China or Russia – in other words, from countries where little attention is paid to decent working conditions, environmental protection or the prohibition of child labour.
The results of the representative survey commissioned by Eurobattery Minerals and conducted by the analysis institute YouGov show that sustainability is the top priority for most people considering the purchase of an electric car/hybrid. The willingness of German citizens to buy an electric or hybrid as their next car has also increased by 18 percent compared to the previous year. Whereas last year 66 percent categorically refused to even think about buying or leasing an electric or hybrid car, this year only 48 percent did so. The main results of the survey:
- 69 percent of respondents consider sustainability very important to important when buying an electric or hybrid car.
- Fair working conditions along the supply chain are very important to important for 59 percent.
- 53 percent attach importance to uncritical countries of origin for the components of an e-car.
- For 85 percent, the price of an electric/hybrid car is very important to important, for 83 percent, the range.
- 48 percent of respondents would be willing to pay a higher price for the car if the battery components were produced more sustainably.
- 57 per cent of respondents are in favour of increased mining of battery minerals in Europe – i.e. more mines – to reduce dependence on China.
- 48% of respondents do not own an electric/hybrid car, neither want to lease nor are thinking about buying or leasing. Compared to a very similar Eurobattery Minerals survey in 2021, this is 18% fewer Germans than last year.
Eurobattery Minerals announced the result of the electric car and sustainability survey today.
“We had a similar survey done a year ago and were curious to see what had changed in the behaviour of the citizens due to inflation, gas and electricity crisis and Ukraine war. It showed that many more people are now thinking about buying an electric car and that their main motivation is the sustainable production of all components – especially the battery. An astonishing 57 percent of respondents were in favour of more mining in Europe to ensure decent working conditions and respect for the environment when mining critical minerals. This is a clear vote and should give politicians food for thought,” says Roberto García Martínez, CEO of Eurobattery Minerals.
About the survey
The survey was conducted by the analysis institute YouGov in the period from 3 to 5 August 2022. The survey is based on a total of 2051 online interviews with German citizens aged 18 and over from the YouGov Panel Germany. The members of the panel have agreed to participate in online interviews.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Linda Lenz
Phone: +49 (0) 172 834 18 92
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se.
Stockholm, 17 June 2022 – The Swedish mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “EBM”, “Eurobattery” or “the Company”), was appointed as the new Vice-President of the Swedish-Spanish Chamber of Commerce (Cámara de Comercio Hispano Sueca) at its Annual General Meeting in Madrid yesterday. The two-year presidency is shared with the renowned Swedish car manufacturer Volvo Cars, which acts as the new President. As part of its vice-presidency, EBM benefits from networking with professionals and representatives of the economy and politics among others. In addition, the company actively promotes the green transition when its battery mineral projects, needed also for zero-emission mobility, receive additional EU funding.
“We want to thank the Swedish-Spanish Chamber of Commerce for their trust and for appointing us as their Vice-President. We look forward to working hand in hand with other Swedish and internationally successful technology companies such as Volvo, Ericsson and Fagerhult to help shape the Spanish-Swedish economic environment,” says Roberto García Martínez, CEO of Eurobattery Minerals AB. “For both the Chamber and us, sustainability is a key value and driver in our daily work. Our vision is to make Europe self-sufficient in responsibly mined battery minerals. Such battery minerals are used, for example, in electric cars, which make a substantial contribution to the decarbonisation of our world. The European Union is supporting us and other small and medium-sized Spanish companies with a total of EUR 70 billion to help us drive the ecological transition. We are already using all the capacity at our disposal to start mining battery minerals as soon as possible. Just recently, we were able to define that we can mine minerals for a few million car batteries within our Corcel project.”
The Swedish-Spanish Chamber of Commerce aims to promote economic and cultural relations between Spain and Sweden. It is made up of more than 220 members and links Swedish and Spanish economies, politics, and institutions as well as private partners and young professionals.
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Linda Lenz
Phone: +49 (0) 172 834 18 92
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se
Stockholm, 2nd of June 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “EBM”, “Eurobattery” or “the Company”), today published its 2021 Annual Report.
Strategic and operational highlights 2021
- Listing: EBM successfully expanded its listing on Swedish Nordic Growth Market to German Börse Stuttgart.
- Rich mineral resources: Finnish nickel-copper-cobalt project “Hautalampi” exceeded estimations as it contains metals totalling approximately 50% in the mine lease area.
- On time and budget: Completion of drilling campaigns in the two nickel-copper-cobalt projects “Hautalampi”, eastern Finland, and “Corcel”, north-western Spain.
“In the past year, we have made significant progress in delivering on our strategy of providing responsibly mined battery minerals – from Europe, for Europe. We are using 2022 to build the stable foundation we need to realize this strategy,” said Roberto García Martínez, CEO of Eurobattery Minerals.
Detailed financial information
The 2021 Annual Report of Eurobattery Minerals AB is available for download at the company’s website and can be viewed in the attachment of the release (see below).
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.
Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.
Contact Eurobattery Minerals AB
Roberto García Martínez – CEO
E-mail: info@eurobatteryminerals.com
Contact Investor Relations
Linda Lenz
Phone: +49 (0) 172 834 18 92
E-mail: ir@eurobatteryminerals.com
Mentor
Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se.