Sibanye Stillwater Secures €500M Debt Funding for Finland Lithium Project

Thursday, 22 August 2024, 13:57

Sibanye Stillwater secures €500M debt funding to advance its lithium mining project in Finland. This financing is crucial for launching the Keliber project, expected to produce lithium by 2026.
Seeking Alpha
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.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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