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Syväjärvi Lithium Mine and Refinery Project

Sector: Oil and Gas • Location: Kaustinen, Finland

Source: Euronews

Project
Under Construction

The Syväjärvi open-pit mine in Kaustinen, Finland, is Europe's first complete lithium production cycle from mine to refinery. It produces battery-grade lithium hydroxide, a critical material for modern electronics such as electric vehicles and smartphones. The project includes a mine, a concentrator plant, and a refinery within a 43-kilometre radius, aiming to reduce Europe's dependence on lithium

Status
Under Construction
Sector
Oil and Gas, Energy Storage, Electric Vehicles (EVs), Automotive
Location
Kaustinen, Finland
Updated
22 Jul 2026
Source
Euronews

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The project “Syväjärvi Lithium Mine and Refinery Project” is an infrastructure initiative in the Oil and Gas sector, located in Kaustinen, Finland. Taiyo aggregates data on it from Euronews.

Participants

Not available for this record.

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

The Syväjärvi open-pit mine in Kaustinen, Finland, is Europe's first complete lithium production cycle from mine to refinery. It produces battery-grade lithium hydroxide, a critical material for modern electronics such as electric vehicles and smartphones. The project includes a mine, a concentrator plant, and a refinery within a 43-kilometre radius, aiming to reduce Europe's dependence on lithium imports from Asia and Australia.

Original sector

Mining and Refining

Budget

Location

Country

Finland

City

Kaustinen

Source

Source

Euronews

URL

More Details

Record type

Project

Sector

Oil and Gas, Energy Storage, Electric Vehicles (EVs), Automotive

Article published date

2026-05-01

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