Sakatti copper and polymetallic project, Finland
Photo by ©Anglo American
Name of the Project
Sakatti copper and polymetallic project.
Location
Finnish Lapland, 15 km north of Sodankylä.
Project Owner/s
Multinational mining company Anglo American.
Project Description
Sakatti is expected to deliver an estimated 100 000 t/y of copper equivalent metal production.
Anglo American is applying its blueprint for responsible mining to design and develop Sakatti as one of its next generation of FutureSmart mines – a highly automated, low-carbon underground operation with minimal surface footprint.
Potential Job Creation
Not stated.
Net Present Value/Internal Rate of Return
Not stated.
Capital Expenditure
Not stated.
Planned Start/End Date
The project is expected to start from the early 2030s.
Latest Developments
Sakatti has been designated as a strategic project by the European Commission under the EU’s Critical Raw Materials Act (CRMA).
Under the CRMA, strategic projects are considered to be in the public interest, owing to their importance in ensuring security of supply of strategic raw materials in the EU. Therefore, the projects benefit from more efficient processing of permitting applications and more predictable development timelines.
Key Contracts, Suppliers and Consultants
Not stated.
Contact Details for Project Information
Anglo American (UK), James Wyatt-Tilby, tel +44 20 7968 8759 or email james.wyatt-tilby@angloamerican.com.
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