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The European Union is committed to achieving climate neutrality by 2050

European Climate Law targets

European Climate Law targets, adopted in July 2021, made the 2050 climate neutrality target legally binding.

Fossil fuel combustion accounts for 80 percent of emissions.

Lithium is experiencing escalating demand in Europe for the massive production of batteries needed for electric vehicles and energy storage systems under the EU’s energy transition plan.

The European Union needs more lithium and the EU wants it to be local

The EU’s Critical Raw Materials Act aims to ensure that more of the EU’s critical mineral needs are met from home-grown sources by 2030.

EU Critical Mineral Targets 2030

Extraction 10%
Refining 40%

Finland is emerging as a key player in EU critical minerals and lithium development

Vertically integrated lithium precinct is emerging in Finland’s Kaustinen Lithium Province. New lithium mines being advanced will serve Keliber Refinery and in turn €800 Kotka Cathode Anode plant (under development).

Strategic location. Finland is perfectly positioned to serve the European electric vehicle and battery market.

National Battery Strategy encourages projects which serves Finland’s goal “to be the world’s number one expert in battery minerals”.

Low sovereign risk. Finland consistently ranks in the top 10 of the Fraser Institute’s Annual Survey of Mining Investment Attractiveness.

Established infrastructure. Finland has an advanced geological database, an experienced mining workforce and high-quality infrastructure. Mining is a key part of the Finnish economy, and the nation is Europe’s leading producer of Nickel.

IMAGE: Battery minerals in Finland

Arvo is answering Europe’s call for lithium

Arvo is a privately owned natural resources company focused on the development of lithium assets in Finland’s most prospective lithium region, Kaustinen minerals province, to serve Europe’s accelerating demand for lithium.

Arvo exploration acreage 122km²

Distance from Arvo acreage to Sibanye Stillwater LiOH plant 50km

Sibanye-Stillwater’s €656m Keliber lithium hydroxide refinery is only 50km from our acreage

At Kokkola, Finland, Sibanye-Stillwater’s Keliber Refinery will use locally produced spodumene to produce up to 15,000 tonnes of battery-grade lithium hydroxide.

The plant is expected to process twice the amount of the spodumene being produced from Sibanye-Stillwater’s own four mines, creating an opportunity for Arvo.

Adjacent to Arvo’s project areas, Sibanye-Stillwater’s Keliber lithium mine project is designated as an EU strategic project and represents the first integrated Li production chain with the EU.