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Anglo American Signs Preliminary Deal to Explore Battery Opportunities in Finland

By Christian Moess Laursen

 

Anglo American has signed a memorandum of understanding with Finnish Minerals Group to explore battery value-chain opportunities, the diversified miner said Monday.

The deal further strengthens Anglo American's commitment to the Nordic country as well as to its multi-metal Sakatti project in northern Finland, the miner said.

"Finland provides a stable and secure source of many of the metals and minerals needed for the world to decarbonize," Projects and Development Director Alison Atkinson said.

Finnish Minerals Group is a holding and development company that manages the Finnish government's mining industry shareholdings.

 

Write to Christian Moess Laursen at christian.moess@wsj.com

 

(END) Dow Jones Newswires

February 12, 2024 03:34 ET (08:34 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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