Eurobattery Minerals have battery mineral projects in Hautalampi in Finland, in Corcel in Spain and in addition, and several exploration licences in Sweden.
For more information about the Finnish Hautalampi project
For more information about our Spanish Corcel project
We have followed our internal time plan for our projects, meaning that given where we are, we will be operational in 2024. That said, starting and running a mine is very complex and dependent on several third-party stakeholders. Specifically, the permit process for environmental topics, as well as operations and waste management, are handled by governmental(state) or local authorities. These are processes that take different times depending on the country or community. Still, the timeline for the permit processes is generally uncertain, and a more protracted process is more common than a shortened one.
The combination above means that some uncertainty in terms of timing and developing is always built-in into starting and running a mine. Adding the disrupted supply chains, (and) lack of particular components and equipment, post-pandemicobstacles and Russia’s war on Ukraine, many factors are currently outside our control. Having said that, I can assure you that we have done our homework conscientiously and as quickly as possible. We are working hard to keep our time plan, including having close dialogues with the relevant authorities for our different projects.
The status of our different projects is evolving. For the latest updates, please visit the respective project site as per below.
For more information about the Finnish Hautalampi project
For more information about our Spanish Corcel project
We know that our Corcel and Finnish Hautalampi projects have very good mineral potential. However, in our industry, we are working with third-party verifications to calculate the actual mineral potential.
For Hautalampi, we have a third-party verification prepared in accordance with an international standard for measuring mineral resources called JORC. For detailed information about the mineral and metal potential, please visit https://eurobatteryminerals.com/en/eurobattery-minerals-almost-40-increase-in-the-contained-metals-in-the-finnish-hautalampi-ni-co-cu-mine-project/ (Alternatively, refer to the Hautalampi project site)
As for Corcel in Spain, we have a third-party report verifying that we have a large deposit of nickel. With the information we have today, we anticipate we will be able to mine the nickel needed for a “few” million car batteries. For detailed information, please visit https://eurobatteryminerals.com/en/eurobattery-minerals-receives-independent-ni-43-101-report-for-the-corcel-project-alone-10-of-the-deposit-contain-the-amount-of-nickel-needed-for-500000-car-batteries/
The short answer is yes. We are looking for additional battery mineral projects in Europe. For example, we are investigating specific projects in central Europe. Eurobattery Minerals’ strategy is to have several parallel projects ongoing. So far, we have projects in Finland and Spain.
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