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Industrial minerals & rocks Metals and metallurgical products Metal concentrates
FINNISH MINE PRODUCTION
Welcome to Finland; Europe’s major producer of Chromium and Gold,
with operating mines producing copper, cobalt, feldspar, limestone, nickel,
phosphate, pgms, quartz, silver, talc and zinc.
Finland has a strong mining tradition, a competitive present and is striving
for a green future!
In Finland, mining is part of the economic, political and social life, making
it a beneﬁcial experience for everyone involved!
From exploration to operations and markets to mine closure, the Finnish
government offers a complete package to support mining investments.
• The Geological Survey of Finland (GTK) is a global leader in providing
data, testing and consulting services on the mineral deposits in the
• The Finnish Industry Investment Ltd, owned by the state, partners with
private investors, funding small to large mining operations and suppliers
in the mining cluster.
• Tukes, The Finnish Safety and Chemicals Agency, administrates all
permits and licenses.
• Tekes, the Finnish Innovation Agency invests and partners in research for
sustainable mining, pushing the frontiers in green mining technology.
“The government of Finland
strongly promotes economic
activities that are based on our
diverse mineral resources and
our expertise and innovation in
the mining sector.”
FINNISH STATE INVESTMENTS
• €60 million – Green Mining program
• €70 million – Mining infrastructure
• €30 million – allocation for “start-ups”
• €610 million – Current state ownership
in the mining cluster
Finland – Invest in the future of
MINING INVESTMENTS CONTINUE TO GROW AT ALL LEVELS
Finnish Deal Flow (projects by numbers)
Source: FII estimates
BY 2020, FINLAND AIMS TO BE
THE GLOBAL LEADER IN SUSTAINABLE
70 million tonnes
4 million tonnes
2000 2004 2008 2012 2016 2020
Finland as the Premium Mining Destination in Europe
STABILITY WITH EXPERIENCE
Finland offers the potential for new discoveries and also
one of the safest and most secure countries for mining
investment in the world.
Ranked highly by global mining surveys, Finland has con-
sistently scored amongst the top countries for mining
policy and the clarity of its regulations.
While it has a long tradition of mining, its mineral codes
are relevant and up-to-date, receiving praise for transpar-
ent and fair legal processes, and timely and efﬁcient
Finland aims to make mining a proﬁtable venture for those
who pursue it, with no royalties payable to the state, com-
petitive taxation regimes and a relevant and fair mining
code. The state supports mining investments, ﬁrmly
believing that mining operations should be in the hands of
the private sector.
THE STATE AS AN INVESTMENT PARTNER
The state, through the Finnish Industry Investment and
Solidium Oy, provides direct and indirect funding for the
mining cluster, investing in mines at the development
stage, as well as in ﬁrms providing services and products
for the mining sector. The state co-invests with private
investors, under the same terms and conditions, and
withdraws from projects as they become viable.
ADDRESSING EU’S SUPPLY SECURITY
Within the European Union, where mining activity has
declined over the years, Finland stands out for its expand-
ing mining sector.
With increasing concerns within the European Union of
high dependence on imports for important raw materials,
Finland offers the opportunity for enhancing Europe’s
supply security. The country’s reserves and resources
cover more than half of the critical minerals listed by the
EU Raw Materials Initiative.
Land Tenure 12 February 2013
Claim/ore prospecting permit
ona Mining Ltd
na Mining Ltd
MINING DEPOSITS & PROJECTS
• 30–40 exploration companies active
• Iso-Kuotko – Gold
• Suhanko–Konttijärvi – PGE
• Taivaljärvi – Silver
• Sakatti – Nickel, Copper and PGE
• Mustavaara – Vanadium
Invest in Finland, Finpro ry
FI-00181 Helsinki, Finland
tel: +358 204 695 555
fax: +358 204 695 201
Business opportunities and consulting services for international companies
WHAT TO EXPECT IN FINLAND
• ACCESS TO GEO-DATA
• UP-TO-DATE MINING CODE
• STATE AS AN INVESTMENT PARTNER
• EXTENSIVE INFRASTRUCTURE
• STRONG SUPPORT SERVICES
• R&D IN GREEN TECHNOLOGY
• HIGHLY SKILLED WORK FORCE
• TRANSPARENT GOVERNMENT
• PROCESSING COMPETITIVENESS
• FISCAL FAIRNESS