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Sokli is a unique mineral deposit

Sokli’s mineral resources in Savukoski, Finland are globally unique. They would help to strengthen Europe’s self-sufficiency in important raw materials. We are now surveying the area’s mineral resources and the profitability of mining operations comprehensively, as previous studies have been based on the production of phosphate and iron. If realised, the mine would directly and indirectly employ hundreds of people and it would also become part of the Finnish battery value chain.

 

 

Phosphate and rare earth elements

In addition to phosphate and iron, the Sokli deposit contains rare earth elements (REE), manganese, vermiculite, niobium and copper. These are needed above all for food production and for helping to curb climate change.

For example, phosphate is used for fertilizers and batteries. Rare earth elements are needed for use in the electrical, electronics and automotive industries, as well as for the production of renewable energy. Manganese is utilised as an alloy, in batteries, fertilizers, as a pigment and as a reagent.

Profitability is affected by many factors

The profitability of a mine is affected by many factors, such as the world market price of the useful mineral or the valuable substance it contains, the amount of ore in the deposit, the cost of mining, the price of energy, the location of the deposit as well as permit issues.

As a mining option, we are investigating open-pit mining for laterite ores, while for phosphorites and central fracture zone, we are investigating open-pit and underground mining, depending on the location of the ore. The study also includes logistics and infrastructure solutions.
 

Learn more on Sokli's website sokli.fi  

 

Sokli project

Scoping study of Sokli completed

Watch the video presenting the background, preliminary plans and benefits of the mining project.

Play the video.

Sokli project

Learn more about Sokli interactively

You can familiarise yourself with the Sokli mining project based on our interactive presentation. The presentation includes satellite, drone and 3D images.

Click here to access Vrify.

Sokli in our news

News / 12.03.2025

The Sokli studies are progressing – promising findings regarding rare earth elements and critical minerals

The latest geological studies in Sokli have found locally high concentrations of rare earth elements (REE) as well as occurrences of niobium, which has been defined as a critical element and is used, for example, in special-alloy steels in the defence industry.

The latest geological studies in Sokli have found locally high concentrations of rare earth elements (REE) as well as occurrences of niobium, which has been defined as a critical element and is used, for example, in special-alloy steels in the defence industry.

News / 17.12.2024

Sokli would create new jobs and tax revenue in Lapland and all of Finland

The regional economic impact assessment of the Sokli mining project examined the processing chain from ore to concentrate.

The regional economic impact assessment of the Sokli mining project examined the processing chain from ore to concentrate.

Interested?

Would you like to have more information about our operations? Get in touch with us.
Pasi Heino

Pasi Heino

Project Director, Sokli Oy