Press Release Archive


Decision to build a vanadium plant at Raahe one step closer

Mustavaaran Kaivos Oy (MKOy) is now entering the feasibility study stage; the decision to build a new vanadium plant at the port of Raahe is scheduled for end 2016. Read more »


Tekes grants loan to Mustavaara Clean Slag Project

The Finnish Funding Agency for Innovation (Tekes) has granted a EUR 3.5 million loan to Mustavaaran Kaivos Oy (MKOy). Read more »


Mustavaara moves forward

The company has entered into a Letter of Intent with SSAB Merox Read more »


Raahe port preferred site for Mustavaara smelting plant

Financing incomplete Read more »


Financing for Mustavaara

Mustavaaran Kaivos Oy (MKOy) is pleased to announce it has raised an initial part of the financing needed (€ 15 million in total) to complete the feasibility study on its Mustavaara vanadium-iron project. Read more »