Keliber: Definitive Feasibility Study Confirms Strong Profitability for Lithium Project

Keliber Oy has completed the definitive feasibility study (“DFS”) on its Lithium project, with the results confirming the Project’s strong financial and technical feasibility.

As quoted in the press release:

“I am confident that the strong economics of the definitive feasibility study will positively impact the further development of our Lithium Project. The successful completion of the DFS is a crucial milestone and will form a strong base for the company to become the first vertically integrated European lithium producer located near the fast-developing European lithium markets. The market for lithium products is extremely strong and demand is forecast to grow rapidly throughout the next decade. At the beginning of the 2030s, lithium consumption is estimated to be seven times higher than current consumption. The feasibility study will provide a good basis for our further discussions with customers and financial institutions and we believe that our efficient and environmentally-friendly clean-tech production process plays important role in project realization,” says Keliber Oy’s CEO Mr. Pertti Lamberg.

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