Sibanye Stillwater Secures €500M Debt Funding for Finland Lithium Project
Securing Debt Funding for Lithium Production
Sibanye Stillwater has taken a significant step forward by securing €500M in debt funding for its ambitious lithium mining project in Finland. This financial boost is a pivotal moment for the company, as it aims to bring the Keliber project into production starting in 2026.
Overview of the Keliber Project
- Location: Finland
- Objective: Lithium mining for battery production
- Production Start: 2026
Significance of the Funding
This funding is essential for Sibanye Stillwater, as it strengthens their position in the rapidly evolving lithium market. The global demand for lithium continues to grow, driven by the increasing production of electric vehicles and renewable energy technologies.
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