22
Mar
13:42
Sweden’s Eurobattery Minerals expands ownership in FinnCobalt Oy
Swedish mining company Eurobattery Minerals (EBM) said Wednesday it has agreed to a deal to increase its stake in FinnCobalt Oy by another 30%, consolidating a 70% interest, Kallanish reports.
The Finnish company owns all mining rights for the multi-metal Hautalampi project located in Outokumpu. Details of the deal weren’t disclosed, but FinnCobalt Oy has previously said EBM plans to take over the company in H1 2023.
The new acquisition was announced as Fin…
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