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This is the first time these rare earth minerals have been discovered in the country.“Now we have a better picture of the occurrence of REE-bearing minerals in the different ore types found in Sokli. The findings will be used in future geological surveys and modeling in Sokli and the testing of ore processing, which serves as basis for mineral resource estimation and mine planning and design.
“It’s great to achieve the expected results from our comprehensive, long-term study. These findings are another step towards achieving our goal of exploiting this unique mineral deposit in safeguarding the raw materials self-sufficiency of Europe. The Western world’s business opportunities associated with REE are growing, and the production of magnets is among the key ways of advancing the use of renewable energy and the electrification of transport,” says Project Director Pasi Heino.
Mineralogical characterization and testing of ore processing will also continue this winter and during 2024.
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