Tag Archives: graphite

Multotec ready for the mineral processing test

Mineral processing specialist, Multotec used a recent media visit to talk up the testing facilities at the heart of its Technology Division.

The South Africa-based company can carry out a range of testwork with its specialised equipment in Spartan, Gauteng, according to Multotec Technology Manager, Faan Bornman.

“Much of our testwork comes from customers who are in the early stages of project development,” Bornman says.

“They need to understand more about how their minerals or material will separate under given conditions. Often there is not a mathematical model that can predict accurately what they can expect.”

Testwork can reduce project risk significantly, providing a solid foundation for the subsequent design and optimisation of process facilities, Multotec says, with Bornman noting that physical testwork is usually the best way of finding out how particles will behave in a process plant.

The equipment available to Multotec customers includes laboratory-scale wet high-intensity magnetic separators, cyclone rigs, filtration equipment, centrifuges, spiral rigs and a screening research rig. There is even capacity to test water purification methods on mine effluent.

“Extensive test work is especially relevant when a customer is wanting to mine and treat less traditional minerals like lithium or graphite,” Bornman says. “As demand grows for commodities like these, we have had customers bring samples to test how our equipment would perform. In these tests, we trial various methodologies and scientifically record and compare the results.”

The R&D laboratory prepares samples and conducts particle size analysis using equipment such as pressure filters, drying ovens, sieves, shakers, sizers and separating funnels. When chemical analysis is required, samples are sent to outside laboratories.

Bornman said his division also receives enquiries from existing customers when they face challenges: “We research the application of different methodologies to customer material, often leading to the development of a new product or improvements to our existing products,” he said.

“In addition to providing a solution for the customer, we are also able to contribute to the efficiency of the industry as a whole, with an updated and commercialised product.”

Screening

When it comes to tests on mineral screening, a test rig – located at Multotec’s Spartan headquarters – delivers two primary benefits, according to Chris Oldewage, Technology Manager at Multotec Manufacturing. First, it facilitates the in-house development process of screening media products. Second, it allows screening media to be tested against customer requirements to ensure the right solution is delivered.

“The ongoing research and development behind our screening media products give the industry opportunities to optimise efficiencies and recoveries,” Oldewage says. “However, changing anything on a plant brings risk of unexpected downtime. Our screening test rig can considerably reduce operational risks by proving any changes before they are implemented on site.”

In the controlled environment provided by the screening test rig, customers can view the actual performance of screening media products with material from their mining operations, Multotec says, with the company’s testing protocols generating the data necessary for detailed process analysis. This facilitates well-informed subsequent decisions, the company said.

The screening rig is made up of three test platforms: a vibrating screen, a sieve bend and a static drain screen platform. The vibrating screen can conduct classification tests, wet and dry dewatering tests, product development tests and plant screen simulations. The static drain screen and sieve bend screening test platforms are wet classification, drainage and dewatering tests.

Multotec Process Engineer, PJ Pieters, said accurate scaling of a customer’s on-mine process is vital for achieving representative and relevant test results.

“We gather a range of key data from customers on our test work questionnaire,” Pieters said. “This includes their material tonnages, volumes of water, screen sizes in operation and aperture sizes on panels among other information.”

This ensures sample sizes are representative and the tests accurately reflect what is taking place in the mine’s processes. Tests, meanwhile, are conducted in triplicate runs to ensure a sound scientific basis for the findings.

Oldewage said: “By removing the risk that mines face in trying new solutions, our testing capability smooths the way for valuable innovation to improve screening performance.”

The screening test facility at Multotec also includes a small Lucotec screen and a small wedgewire trommel screen, both for small-scale verification test work.

Cyclones

Multotec’s large scale cyclone rig, meanwhile, can test the performance of a range of cyclone sizes, up to 450 mm diameter. Tests related to classification, desliming and dewatering, as well as dense medium separation using density tracers, can be conducted.

Among the benefits to customers is the ability to test large volumes of samples, as the rig includes a 1,750 litre sump and a 6/4 pump, Multotec said. Flexibility is provided by a variable speed drive connected to the pump, to vary the flow rates as required by the cyclone size.

Dry samples usually need to be blended before testing, and wet samples may need to be dried before blending. The resulting samples from the test must also be scientifically prepared for particle size and chemical analysis. The precision at each stage is vital, as bulk samples as large as 200 kg may need to be reduced to as little as 100 g.

The rig’s infrastructure also includes two Multotec vezin samplers, which are compliant with the highest design standards to provide reliable samples, according to Multotec. “These help to minimise the common errors of manual sampling and ensure that the integrity of the sample is retained,” the company says.

In addition to using the test rig to analyses the customer’s process flowsheet – with Multotec engineers identifying where its range of classification and other products can add value – the company also uses the cyclone test rig for its own product development.

“This on-going process has resulted in a range of cyclones that are lighter, more cost effective, environmentally-friendly and energy efficient,” the company said. “They all contribute to helping customers lower their cost per tonne in a low footprint, sustainable plant operation.”

Spirals

Multotec says its spiral test rig has been adapted in response to the industry’s need to re-treat chrome dumps and upgrade ultra-fine chrome.

Again, located at the company’s headquarters in Spartan, the rig allows eight to 10 different spirals to be erected at a time.

Jeantelle Rust, R&D Engineer at Multotec Process Equipment, said: “With the drive to process tailings in the chrome sector, we have been running tests on a more compressed spiral with a reduced pitch. This reduces the velocity of the very fine particles.”

This configuration works particularly well when dealing with fine material, hence its application in tailings, Rust said. The spiral could offer a cost-efficient way of separating ultra-fine chrome material and recovering valuable product, according to the company.

Rust said: “Such a solution presents an attractive commercial proposition to industry and will also address environmental concerns presented by tailings dumps.”

Using a “mouth-organ product box”, the material being tested on the spiral rig is split into eight product fractions, not just the usual three for product, middlings and tailings. This helps optimise the mass balance for reporting purposes, according to the company.

The spiral test rig has also been used to evolve designs that deal with coarser material, Multotec said. “Customers were looking for a solution to the ‘beaching’ of coarse coal product on the spiral’s surface, for instance,” it explained.

Rust said: “We were able to modify the angles and diameter of the trough to address this challenge. Our ability to make small adjustments to the equipment, and to test material repeatedly at full scale, is the key to finding practical solutions.”

Multotec has also conducted research for producers of mineral sands where head grades were steadily dropping. This necessitated the treatment of larger tonnages, requiring higher capacity spirals.

“Space constraints on the customer’s site meant that adding spirals to their process was not an option,” Rust said.

“Wider spirals were thus tested for higher throughput, with different angles to minimise losses.”

 

Lycopodium to lead PFS for battery materials refinery project

Queensland Pacific Metals (QPM) has appointed Lycopodium Minerals Pty as the Lead Engineer for the prefeasibility study on the Townsville Energy Chemicals Hub (TECH) project in Queensland, Australia.

Pure Minerals, the parent company of QPM, said: “With the acquisition of QPM being approved by shareholders and in the process of being finalised, Pure Minerals is excited to launch its planned battery materials refinery as the Townsville Energy Chemicals Hub.”

The TECH project will produce nickel and cobalt sulphate chemicals required for the battery energy storage sector, with QPM immediately commencing the PFS for a 600,000 t/y battery materials refinery producing approximately 25,000 t/y of nickel sulphate and 3,000 t/y of cobalt sulphate and other valuable co-products, Pure Minerals said.

The previous scoping study envisaged annual primary production of around 25,400 t/y of nickel sulphate and 3,000 t/y of cobalt sulphate (containing 5,760 t of nickel and 630 t of cobalt), alongside some 221,000 t/y of hematite, 8,700 t/y of alumina and 4,600 t/y of magnesium oxide. This came with construction capital costs of $297 million.

Lycopodium Minerals Pty is a subsidiary of well-regarded engineering company, Lycopodium, which has experience applicable to the TECH project, according to Pure.

This includes:

  • Being highly active in the battery metals space, having undertaken many feasibility studies for clients in nickel, cobalt, lithium and graphite;
  • Completing a feasibility study for Direct Nickel Projects Pty or a nominal processing plant using the DNi Process™ (a pilot plant example from CSIRO pictured), which the TECH project will be using, and;
  • Completing feasibility studies for other nickel projects incorporating downstream processing to produce battery chemicals, including BHP’s Nickel West project and Cleanteq’s Sunrise project.

The key responsibilities for Lycopodium under its contract with QPM are process, process services and utilities design and engineering; preparation of project capital and operating cost estimates; and compilation of the PFS report, including integration of studies relating to other work packages.

Lycopodium has also agreed to accept shares in Pure Minerals as consideration for around 20% of its estimated fees, according to Pure Minerals.

The PFS is expected to be completed in the September quarter.

Lycopodium Minerals Managing Director, Rod Leonard, said: “The outlook for battery metals is positive and Lycopodium is well positioned to carry out this body of work, having completed a wide range of studies for major, mid-tier and junior clients in this space.”

MRC Graphite drafts in Mondium for Munglinup ECI and FEED contracts

Mineral Commodities’ wholly-owned subsidiary, MRC Graphite, says it has executed a professional services agreement with Mondium to undertake early contractor involvement (ECI) and front-end engineering and design (FEED) for the Munglinup graphite project, in Western Australia.

MRC Graphite is in the final stages of completing a definitive feasibility study (DFS) for Munglinup, which will provide the pathway to a final decision to commence construction. In addition, environmental permitting is ongoing and the current schedule, cognisant of regulatory processes and south coast seasonal variation, offers the opportunity to engage an engineering and construction firm to deliver additional value to the project through a purposeful ECI and FEED programme, the company said.

Mondium is an incorporated joint venture between Monadelphous Group and Lycopodium, which leverages the skills of both companies to provide technical and delivery solutions to its clients, Mineral Commodities said.

Mineral Commodities Executive Chairman, Mark Caruso, said: “Given the current tightening of resources in the mining project space, MRC is very pleased to have formed this relationship with a highly regarded engineering and construction firm. This will enable MRC to undertake significant value-add for the Munglinup graphite project through ECI and FEED stages, leading into construction later in the year, subject to approvals and a decision to mine.

“Mondium and its owners, Monadelphous and Lycopodium, are extremely well qualified and experienced in flotation design and construction and MRC looks forward to developing the Munglinup graphite project as safely, quickly and cost effectively as possible to ensure MRC emerges next year as a low cost, high quality graphite producer.”

According to a prefeasibility study, Munglinup will produce, on average, 54,800 t/y of high-purity graphite concentrate at a life of mine production cash cost of circa A$531/t ($377/t) graphite. Initial capital costs were estimated at A$52 million including 15% engineering procurement and construction costs (A$5.5 million), 15% contingency (A$6 million) and all owners’ costs (A$3 million).

South Star’s filtered tailings plan for Santa Cruz graphite project stacks up

South Star Mining Corp’s aim of using a filter press and eliminating the requirement for a tailings storage facility at its Santa Cruz graphite project in Bahia, Brazil, has been given a boost following positive bench scale test results.

The Toronto-listed company said it had received positive results for the laboratory bench scale filtered tailings tests performed on two simulated tailings samples from Santa Cruz. Two tailings samples (+325 mesh and -325 mesh) were generated and tested in laboratory facilities in Belo Horizonte, Brazil, it said.

Five scenarios were completed for the leaf filter tests with various solids densities, feed rates, vacuum pressures, and cake thickness:

  • -325 mesh sample at 10% solids;
  • -325 mesh sample at 10% solids at higher feed rate and vacuum pressures;
  • -325 mesh sample at 20% solids;
  • -325 mesh sample at 20% solids with minimized cake thickness, and;
  • +325 mesh sample at 10% solids.

The tests resulted in cake with humidity varying between 23% to 35% and cycle times ranging from 19:23 to 49:47 minutes, according to the company. Based on the bench scale leaf tests, additional pilot tests are being performed to better quantify the range of possible solutions and also test a mixture of the +325 and -325 mesh materials to create a third sample type, the company said, adding that results of the pilot tests were expected shortly.

South Star said the goal of the testing programme was to examine the potential for altering the proposed flow sheet from the process circuit presented in the preliminary economic assessment (PEA) to include a filter press and eliminate the requirement for a tailings storage facility.

“By incorporating filtered tailings technology, the majority of the water from the tailings would be removed and recirculated and allow the dried tails to be placed together with waste rock in a co-disposal waste facility,” the company said.

South Star CEO, Eric Allison, said: “We are very pleased with these initial results from our filtered tailings test programme and their positive implications for utilising dry stack tailings at Santa Cruz for both our trial mining plant and the final full-scale facility. Co-disposal of the waste should not only reduce the project’s environmental impact, risk profile and physical footprint, but should streamline our permitting and licensing processes as well.”

The company plans to incorporate the results of the programme into the prefeasibility report scheduled for completion in the September quarter, it said.

The mid-2017 PEA on Santa Cruz outlined an indicated resource of 14.99 Mt at 2.70% Cg with 404,741 t Cg, and inferred resources of 3.57 Mt at 2.90% Cg with 103,591 t Cg. Graphite deposition at Santa Cruz is found at surface within oxidised material providing a very favourable strip ratio, and requiring no crushing or blasting, according to the company.

The PEA stated Santa Cruz has a post-tax internal rate of return of 78% and a payback period of two years. Mine planning for the existing graphite deposit outlined a 12 Mt mineable resource with a diluted grade of 2.63% Cg providing support for a 19-year open-pit mine. Life of mine average yearly production came in at 15,800 t alongside operating costs of $413/t.

Hazer Group eyes commercial synthetic graphite goal as pilot plant tests recommence

ASX-listed Hazer Group says its Fluidised Bed Reactor (FBR) pilot plant has been relocated from Sydney to Kwinana, in Perth, Australia, and the company is ready to re-commence its testing programme.

The Hazer FBR pilot plant is now located next to the Paddle Tube Reactor (PTR) pilot plant, being developed by Mineral Resources in accordance with the cooperation agreement executed by the two companies back in December 2017. This pact covered the design and construction of a commercial-scale synthetic graphite facility, with Mineral Resources funding all commercial development and Hazer providing intellectual property and technical assistance.
Hazer said Mineral Resources’ PTR pilot plant has also commenced commissioning.

Hazer is undertaking the commercialisation of the Hazer Process, a low-emission hydrogen and graphite production process. The Hazer process enables the effective conversion of natural gas and similar methane feedstocks, into hydrogen and high-quality graphite, using iron ore as a process catalyst. The FBR pilot plant allows the company to trial the Hazer process.

Hazer CEO, Geoff Ward, said: “We are very pleased that these important milestones have been achieved and we look forward to seeing the results from the PTR pilot plant over the coming months as we progress our collaboration with Mineral Resources to develop a commercial synthetic graphite production facility.

“With regards to the Hazer FBR programme, the outstanding results achieved in 2018 have given us the confidence to proceed into front-end engineering and design studies for a commercial demonstration plant (CDP).

“As previously advised, these studies have progressed well and are expected to be completed in April. We are continuing to work with potential offtake hydrogen partners, gas suppliers and project funders to bring together the first commercial Hazer facility.”

The company is targeting securing all the necessary project agreements to take a final investment decision on the CDP by mid-2019, with a projected commencement date for the CDP of the December quarter of 2020.

Talga and Schunk to work on graphene automotive applications

Talga Resources has signed a letter of intent (LoI) with a subsidiary of Germany-based Schunk Group to co-operate on the exploration and incorporation of Talga graphene (Talphene®) into a Schunk product with applications in the automotive sector.

The ASX-listed company said further details of the LoI and the application were commercial in confidence at this stage, but Talga has previously said Talphene could have potential as a functionalised graphene additive for lithium-ion battery cathodes, in addition to applications in packaging, concrete and composite materials.

Talga has 100% ownership of multiple high-grade graphite assets in northern Sweden, the most advanced of which (Vittangi – containing the Nunasvaara deposit) hosts the world’s highest grade JORC/NI 43-101 graphite mineral resource (12.3 Mt at 25.5% graphite), according to the company.

Talga Managing Director, Mark Thompson, said: “Talga is excited to be working with such a globally active and innovative carbon product manufacturer as Schunk on an application using Talga’s graphene. We look forward to leveraging our technology and products towards success of this program and potential development in future.”

Shunk offers a broad spectrum of products and services in the fields of carbon technology and ceramics, environmental simulation and air conditioning, sintered metal and ultrasonic welding.

Last year, Talga said it was targeting completion of a prefeasibility study on Vittangi at the end of the March quarter.

Syrah declares commercial output at Balama graphite project in Mozambique

Syrah Resources has declared commercial production at its majority-owned Balama graphite operation in Mozambique.

“Following a review of monthly operating metrics, the board has determined that the criteria to achieve commercial production, as set out in the 2017 annual report, have been met with effect from January 1, 2019,” the company said.

During the December quarter, natural graphite production came in at 33,000 t, with full-year (2018) output of 104,000 t in line with the company’s updated guidance. Achieved average graphite recovery of 70% in the most recent quarter, was some way up on the September quarter average of 53%.

Shaun Verner, Managing Director and CEO of Syrah, said: “The declaration of commercial production represents a key milestone for Syrah, reflecting the significantly improved production consistency and strong recovery improvements.

“We continue to implement further operational improvements in ongoing ramp up, to bring recoveries in line with our medium and longer term targets.”

Syrah will provide further details of the December quarter performance in its quarterly activities report, to be released on January 3, 2019.

The 2 Mt/y Balama project has a nameplate capacity of 350,000 t/y of graphite concentrate. It is an open-pit operation with processing consisting of crushing, grinding, flotation, filtration, drying, screening and bagging.

Nouveau Monde produces the goods at graphite concentrate demo plant

Nouveau Monde Graphite’s latest concentrate results from its Matawinie graphite project in Quebec, Canada, have proven so favourable that it is upping production at its demonstration plant from next year.

The company completed mechanical commissioning of the 3.5 t/h plant, in Saint-Michel-des-Saints, earlier this year, laying out plans to, in the next two years, process a total of 40,000 t of material from the West Zone deposit at Matawinie.

This demo plant factors into the company’s bigger plan to build an all-electric open-pit mining operation at Matawinie able to produce 100,000 t/y of concentrate over 25.5 years.

In the most recent update, Nouveau Monde said, in the 43 non-consecutive hours the plant operated from November 29 to December 5, 140 t of ore from the West Zone deposit, with an average total carbon (Ct) content of 4.5%, was processed. This corresponds to a throughput of approximately 3.3 t/h, close to the 3.5 t/h design throughput.

This saw around 6 t of graphite concentrate produced, of which 5.1 t was bagged for distribution to potential customers. The natural flake graphite concentrate reached an average purity content of 96.6% Ct with a recovery rate achieving 95.3% Ct.

Karl Trudeau, Chief of Operations at Nouveau Monde, said he had never seen such a rapid ramp-up and optimisation of a graphite processing facility.

“This demonstrates the outstanding quality of the West Zone deposit of our Matawinie project. The results shown today clearly exceeded our team’s expectations, especially in the context that we had a very short break-in period. The ore responds very well to the process and its superior quality supports the efficiency of our demonstration plant, which is very encouraging for our future commercial operations.”

The company added: “In view of the promising results of NMG’s graphite production and to follow up on the orders from multiple potential customers, numerous samples have already been shipped and delivered to demonstrate the quality of our products.”

In order to meet this expected demand, the company has decided to modify its operating schedule to achieve a production rate of 3 t/d of graphite concentrate. This increase in production will require that, following the Christmas season, the demo plant will be operating 24 h/d, four days a week.

Having reached its goal of purity for its +150 mesh size concentrate, Nouveau Monde now aims to focus its efforts on the optimisation of the graphite content of the fine flakes.

To achieve this, an investigation to better understand lower grades reported in the -150 mesh category was recently performed. Samples from bagged -150 mesh product have been submitted to a specific assay procedure at NMG’s in-house laboratory in order to obtain additional details on the distribution of graphite within the fine size category.

“Following this investigation, it has been concluded that most of the contamination occurs for particles under 200 mesh size. Possible reasons for the lower grades are non-separated ultrafine particle entrainment at the last steps of flotation or insufficient liberation of the fine flakes,” the company said.

“NMG is working towards further improving the product purity, especially within the fine category, by optimising the various unit operations of the demo plant. For example, the operating parameters of the stirred media mills in the secondary cleaning circuit have not yet undergone a systematic evaluation,” it said.

Nouveau Monde concluded: “Although the company is very pleased with the results presented today, it is confident that actions can be undertaken to further optimise purity and flake size distribution of the graphite concentrate produced in its demo plant while still maintaining very high graphite recovery rates.”

Nouveau Monde Graphite COO Karl Trudeau will discuss the all-electric open-pit mining plan at the company’s Matawinie graphite project at The Electric Mine conference in Toronto in April. He will be joined on stage by ABB Canada’s Michel Serres and MEDATECH’s David Lyon, in a joint presentation titled ‘The NMG journey to the all electric open pit mine: innovation from collaboration’. To learn more about the conference, click here.

Nouveau Monde Graphite’s all-electric Matawinie mine plan stacks up

Quebec, Canada-based Nouveau Monde Graphite’s latest economic study on the West Zone deposit of the Tony Claim Block, part of its Matawinie graphite property, in Saint-Michel-Des-Saints, has shown an all-electric open-pit mine can be built that delivers ample shareholder returns and the reduced carbon footprint the company was after.

The feasibility study builds on a prefeasibility study that envisaged a 52,000 t/y graphite concentrate operation being built for C$179 million ($137 million) for a post-tax internal rate of return of 25.9%.

The latest study has upped the production ante – looking at a 100,000 t/y concentrate operation over 25.5 years – as well as the potential shareholder returns. The feasibility study estimates the mine can be built for C$276 million, can operate at a cash operating cost of C$499/t and bring in a 32.2% after-tax IRR based on a life-of-mine average sales price of $1,730/t.

These results have proven so favourable the company is already set on completing the project’s Environmental and Social Impact Assessment, in addition to starting the engineering, procurement, construction and management phase. This could see the mill constructed in 2020 and production starting in 2022.

Met-Chem, a division of DRA Americas, prepared this latest study, which has fleshed out some of the company’s plans for an all-electric open-pit mine.

“The mine will be using an all-electric, zero-emission mine fleet, consisting of electric battery-driven 36.3-t mining trucks, battery-driven front-end loaders, cable reel excavators and bulldozers, and battery-driven service vehicles,” Nouveau Monde said.

The mine will also use an electric in-pit mobile crusher and overland conveyor system to feed crushed material to the plant, according to the company.

Medatech Engineering Services Ltd and ABB Inc were responsible for developing the technology used in this fleet. The two companies, part of Nouveau Monde’s Task Force Committee for the project, assisted Met-Chem in preparing a fully-electric equipment fleet estimate. This information was then passed onto a mining contractor to establish a technical and commercial proposal for the mine operation on a contractual basis as well as on the basis of a fully-electric equipment fleet, Nouveau Monde said.

Nouveau Monde’s COO, Karl Trudeau previously told IM that Doppelmayr Canada would supply the company with ore handling solutions (RailCon® technology), while a mobile charging station, including fast-charging capability of up to 600 kW,  was to be positioned in the pit to charge the trucks and other equipment.

In addition to the eco-friendly nature of the mining fleet, the company has also looked to reduce the footprint of the mine’s infrastructure.

The processing plant and the co-disposal of tailings and waste rock will be located less than 500 m from the mine to minimise truck cycle times and lower the project’s operating costs, while progressive backfilling of waste rock and tailings will take place to “further minimise the project’s environmental footprint”, while allowing site rehabilitation during the operating life of the mine. The mine waste rock and tailings management plan, as well as the water management infrastructure, was designed by SNC-Lavalin.

The flowsheet for the 2.35 Mt/y mine consists of in-pit crushing, followed by multiple steps of grinding and flotation separation circuits. The graphite concentrate is then filtered, dried and classified to recover over 94% of the graphite and produce four products with various flake sizes, all with finished product purity above 97%.

Eric Desaulniers, President and Chief Executive Officer of Nouveau Monde, said: “We have designed a state-of-the-art mine that not only maximises efficiency but also aims to be one of the most eco-friendly mines in the world, having a very low carbon footprint relative to our peers. This is a key product differentiator, especially for our electric vehicle manufacturing customers whose environmental and social acceptability values align perfectly with our own.”

Karl Trudeau, Chief Operating Officer, Nouveau Monde Graphite; Michel Serres, VP Mining Solutions North America, ABB Canada and David Lyon, Business Development Manager, MEDATECH will be presenting ‘The NMG journey to the all-electric open-pit mine: innovation from collaboration’ at The Electric Mine conference in Toronto, Canada, on April 4-5, 2019. For more information about the event, please click here.

Geological Survey of Finland talks up “unique” exploration database

Finland may have only 10 metal mines to its name, but there are plenty more on the horizon, according to Pekka Nurmi, Director of Science and Innovation for the Geological Survey of Finland (GTK).

Speaking on the first day of the inaugural Finland Mine Safari tour for analysts and investors in Helsinki on Monday, Nurmi said there had been some €3 billion ($3.5 billion) of investments in mine development in the last 10 years and there was another €3-5 billion due between 2016 and 2025.

Some of these investments will come at existing mines looking to expand like Agnico Eagle Mines’ Kittila gold mine, Outokumpu’s Kemi chromium asset and Boliden’s Kevitsa nickel-copper operation, but Nurmi sees plenty of new discoveries moving into the development phase too.

He reserved particular praise for Anglo American’s Sakatti copper-nickel-platinum group elements project, some 150 km north of the Arctic Circle, which hosts indicated and inferred resources of 44.4 Mt at 1.9% Cu, 0.96% Ni, 0.04% Co, 0.64 g/t Pt, 0.49 g/t Pd and 0.33 g/t Au.

“It appears to be the best discovery in Finland,” he told analysts, investors and journalists, explaining it was already around one-and-a-half-times the size of the historic Outokumpu copper mine. Outokumpu operated from 1913-1989, producing some 28.5 Mt of ore grading 3.8% Cu during that time.

In addition to development capital, Nurmi said some €60 million had been spent on exploration in Finland in 2017, up from €40 million in 2016.

Explorers have leveraged off the GTK’s exploration database, which includes a complete airborne survey package for the whole country at 200 m line spacing.

“It’s a unique data set,” Nurmi said.

And, surprisingly for a well-known exploration destination, many of the country’s new discoveries continue to come close to surface.

Nurmi said the country has some 4 m of cover on average, with parts of southern Finland already having exposed mineralisation.

The country has traditionally been a hotbed for gold, PGM and base metal exploration, but there are a number of interesting battery mineral prospects being lined up, including lithium, cobalt and graphite.

This include’s Keliber Oy’s lithium project (pictured), Savannah Resources’ Somero and Eräjärvi lithium assets, FinnCobalt’s Hautalampi cobalt-nickel-copper project in the historic town of Outokumpu and Beowulf Mining’s Pitkäjärvi and Aitolampi graphite properties, among others.