Mining Opportunities in Finland
-
Upload
invest-in-finland -
Category
Technology
-
view
507 -
download
1
description
Transcript of Mining Opportunities in Finland
Looking for mining possibilities?Think Finland!
07/04/20232
Motivation: Finland aims for sustainable mining
Potential: Chromium, gold, copper, cobalt, feldspar, limestone, nickel, phosphate, pgms, quartz, silver, talc and zinc
Competition: Finnish and international mining companies
Demand: Green mining expertise for intelligent and minimum impact mining
When: Ongoing, large deposits remain intact
Finland’s mining facts
52 operating mines Over 55 projects at conceptual/prefeasibility stage € 81 million in exploration (2011) € 1.3 billion mine development investments (2008–2011) € 3 billion mine development investments (2012–2017) € 80 million turnover in mines (2010) € 2.5 billion turnover in mines (in 2015) 30,000 employees in the mineral cluster Large deposits still intact
07/04/20233
Ongoing and potential mining
Finland is a major producer of chromium and gold in Europe.
Operating mines produce: copper, cobalt, feldspar, limestone, nickel, phosphate, platinum group metals, quartz, silver, talc and zinc.
07/04/20234
FINNISH MINE PRODUCTION
Mining deposits and projects
30–40 exploration companies active Iso-Kuotko – Gold Suhanko–Konttijärvi – PGE Taivaljärvi – Silver Sakatti – Nickel, Copper and PGE Mustavaara – Vanadium
07/04/20235
The state of Finland invests in mining
€ 60 million – Green Mining program (2011–2016) € 70 million – Mining infrastructure investments € 30 million – allocation for “start-ups” in 2012 € 610 million – Current state ownership in the mining cluster
07/04/20236
Rapid increase in sustainable minerals industry expected
07/04/20237
By 2020 Finland aims to be the global leader in the sustainable minerals industry
Source: GTK
The Green Mining Programme (Tekes)
The program Creates new business that requires new, specialised expertise alongside the growing
field of traditional mining.
Aims to increase the number of SMEs targeting the export market in the mineral cluster.
Aims to achieve global leader status for the research in selected sectors.
Two themes Identify new mineral resources and intelligent, minimum-impact mining.
Develop techniques that can help to reduce the environmental impact of mining.
07/04/20238
For more information about mining in Finland:
Geological Survey of FinlandTukes – Finnish Safety and Chemicals AgencyGreen Mining Programme The Ministry of Employment and the Economy / The mining industryFinnMin (The Finnish Association of Extractive Resources Industry)Invest in Finland / Mining
07/04/20239
Why Finland?
Entry to the East
Creative solutions
Stable Society Competent professionals
Invest in Finland services for international companies
Data collection & analysis Opportunity analysis Guidance on entry alternatives Networking Location management Setting up a business
www.investinfinland.fi