2019

Preliminary economic assessment

2020

Pre-feasibility study

2022

Analysis of implementation options

2022

A feasibility study is launched.

11/2022

The road plan for the mining road is approved. The plan envisages the construction of a road access to the mining area of about 10 km from the Rovaniemi-Ranua trunk road: about 8.5 km of road from the trunk road to the border of the mining district and 1.5 km of private road inside the mining area.

19.6.2023

The contract for the Suhanko mine is signed. The contract is awarded by the Finnish Transport Agency.

The contractor is GRK Finland Oy.

The subcontractor is J Vainio from Kittilä.

07/2023

Construction of the mine road begins.

2023

Application to update the environmental and water management permit

2024

A financing decision is expected

2024

The aim is to complete the mine by autumn

2024

Aim to start construction work

2026

The aim is to start production