Media - Press Release

“The well-being of the municipality and its economic region is a key factor in the success of any major industrial project. A strong and vibrant area provides a competitive operating environment with access to skilled labor, functional infrastructure, and efficient services. This, in turn, creates conditions for good project development and fosters long-term sustainable growth in the region. Additionally, a good quality of life and a strong community enhance the area's attractiveness, helping us recruit and retain the best professionals”, says Pertti Lamberg, director of the Sakatti mining project.

“Close interaction and collaboration with the Municipality of Sodankylä are extremely important to us. The newly approved LOI includes good interaction practices and provides a solid foundation for further developing cooperation as the project progresses,” he continues.

The mining project requires long-term collaboration

The approved LOI establishes the key principles of cooperation between the municipality and the Sakatti Project. The agreement aims to promote collaboration throughout the mine’s lifecycle and develop an effective cooperation model between the parties.

The objective is to jointly examine how municipal strategy goals — such as housing, education, and the development of the mining cluster — can be advanced. The parties commit to considering responsibility and environmental requirements as outlined in the agreement.

More detailed cooperation and development agreements may be drafted later as needed.

For additional information, please contact:

Pertti Lamberg, CEO, Anglo American’s Finnish subsidiary,
tel. +358 40 128 3988, email: [email protected]