Germany Chancellor plans lithium deal with Serbia after Rio ruling
Olaf Scholz plans to visit Serbia this week to secure supplies of lithium that are critical for the nation’s energy transition and auto industry.
The Company’s subsidiary Endomines Oy has today received an environmental permit decision from the Eastern Finland Regional State Administrative Agency (“AVI”) relating to the Rämepuro satellite mine mining.
The Company has preliminarily assessed the received permit and has not identified any issues that will prevent the company from starting mining the Rämepuro deposit and further processing at Pampalo central plant as scheduled summer 2014. The permit grants the Company the right to commence operations immediately regardless of potential appeal processes.
“The obtained permit and quick handling time is a further testimony that the Company operates responsibly along Karelian Gold Line. We will commence preparations for full scale production at Rämepuro immediately. The Rämepuro ore will be an important supplement for the Pampalo central processing plant ore feed during the coming years”, comments Markus Ekberg, CEO of Endomines.
Endomines submitted the environmental permit application for Rämepuro operations in the summer of 2013.
