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Stockholm, 21. September 2021, Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart “EBM”), today announced the result of a new survey on electric cars and sustainability. The survey is conducted in Sweden and Germany by the research company YouGov in August 2021 targeting Swedes and Germans who currently owns or leases, or are interested in buying or leasing, an electric or hybrid car.
“We wanted to conduct this survey to get better insights on how the end consumer value sustainability in connection to electric cars and batteries and it’s clear that sustainability is really a top priority for most people thinking about an electric car. The results are also somewhat challenging for the automotive industry as a large proportion of the respondents would refrain from buying the car if the battery minerals are sourced in an unsustainable way. Today many car companies are struggling with sustainable sourcing and its obvious that we need more battery minerals mines in Europe as well as increased traceability about the production process”,says Roberto García Martínez, CEO of Eurobattery Minerals
The report with the results of the survey can be found here https://investors.eurobatteryminerals.com/pdf/bat-survery-swe-ger.pdf.
About the survey
The survey was conducted by the analysis institute YouGov simultaneously in Sweden and Germany. A total of 2,017-computer assisted web interviews took place of Swedes and a total of 2,129 of Germans aged 18+ between 11–16 August 2021 targeting individuals who currently own or lease – or are interested in buying or leasing – an electric or hybrid car.
In the survey “sustainability” has been defined using the UN definition: meeting the needs of the present without compromising the ability of future generations to meet their own needs.
For more information, please contact:
Roberto García Martínez, CEO of Eurobattery Minerals
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About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on NGM Nordic SME (BAT) and Börse Stuttgart (EBM). As the foundation of the battery value chain, the company’s vision is to help Europe become self-sufficient in ethical and fully traceable battery minerals for the electric vehicle industry. The company is focused on exploration and development of several nickel-cobalt-copper projects in Europe to supply sustainably mined raw materials critical to the rapidly growing battery market.
Please visit www.eurobatteryminerals.com for more information.
Augment Partners AB, e-mail: info@augment.se, phone: +46 8-604 22 55, is the company’s Mentor.
“Europe needs to move faster to meet the demand”
Eurobattery Minerals AB (Nordic Growth Market: “BAT”), a growth company in the mining and exploration industry with the vision to help Europe become self-sufficient in ethical battery minerals, today presents the report, “Critical raw materials and e-mobility” produced on behalf of the company by the London-based corporate risk advisory firm, Aperio Intelligence. The report provides an overview of the supply and demand for critical raw materials within the European Union, based on the EU’s goal of developing its self-sufficiency for raw materials in the context of the electric car revolution.
The report also analyses current and future market volumes of electric and plug-in hybrid vehicles and e-bikes – with a focus on Europe and China – and their associated demand for copper, nickel and cobalt.
“The report clearly shows the need to scale up mining production and the sourcing of raw materials within the EU. We need to act quickly to enable the electric car revolution and ultimately reach the Agenda 2030 targets outlined by the UN. From the report it is clear that Europe needs to move faster to meet the demand for these materials. A sustainable car industry cannot continue to rely on unsustainable mining”, says Roberto García Martínez, CEO of Eurobattery Minerals.
Some conclusions from the report:
Global annual copper demand was around 28 million tonnes in 2020, and consumption is expected to grow by approximately 38% by 2030 to about 38 million tonnes annually. In 2019 Europe’s mined production represented 13% of total world production.
The Democratic Republic of Congo dominates global mine production of cobalt, with the EU producing just 0,9% – or 1,377 tonnes – of the world’s total annual production. [1] According to the European Commission, cobalt demand within the EU will increase by five times by 2030.
A recent study commissioned by the European Commission from the consultancy Roskill indicates that automotive electrification is expected to represent the single largest growth sector for nickel demand globally over the next 20 years. In the EU, specifically, annual demand is expected to increase by 543,0000 tonnes by 2040, from the present 17,000 tonnes (2020).
To report download please visit https://investors.eurobatteryminerals.com/pdf/aperio-intelligence-critical-materials-and-e-mobility.pdf.
About Aperio Intelligence
Aperio Intelligence is an independent corporate intelligence and financial crime advisory firm, head quartered in London. Founded in 2014, today there are 39 members of staff, speaking 24 languages in house, with offices in Paris, Bucharest and Cluj. Aperio has four service lines: due diligence, ESG, investigations and strategic intelligence. These complementary service offerings allow us to provide a range of solutions designed to address multi-faceted financial crime, regulatory, reputation and governance risks, and to provide well-sourced, objective and robust intelligence and insights to support critical business decisions.
Aperio works around the world and, beyond the UK and Europe, we have particular experience in Russia & the former Soviet Union, MENA, Africa, East Asia and Latin America’s larger economies. Since inception, Aperio Intelligence has completed over 4,000 reports, in around 130 countries and territories. Our clients include a wide range of leading international financial institutions, multi-nationals and law firms.
For further information, please contact:
Roberto García Martínez, CEO, Eurobattery Minerals
roberto@eurobatteryminerals.com
https://investors.eurobatteryminerals.com/en/
Simon Jennings, Head of ESG, Aperio Intelligence
Simon.Jennings@aperio-intelligence.com
https://www.aperio-intelligence.com/
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on NGM Nordic SME (BAT) and Börse Stuttgart (EBM). As the foundation of the battery value chain the company’s vision is to help Europe become self-sufficient in ethical and fully traceable battery minerals for the electric vehicle industry. The company is focused on exploration and development of several nickel-cobalt-copper projects in Europe to supply raw material critical to the expanding electric vehicle battery market. Please visit www.eurobatteryminerals.com for more information.
Augment Partners AB, e-mail: info@augment.se, phone: +46 8 505 651 72, is the company’s Mentor.
[1] According to 2018 figures, World Mining Data.
Eurobattery Minerals AB (Nordic Growth Market: “BAT”; “the Company”), a growth company in the mining and exploration industry with the vision to help Europe become self-sufficient in ethical battery minerals, today announces that FinnCobalt Oy has submitted Hautalampi projects EIA-Programme to the North Karelia Centre for Economic Development, Transport and the Environment (“ELY-centre“). FinnCobalt Oy expects to submit the final EIA-report before May 2021.The Company has the option to acquire 100% of FinnCobalt Oy in a staged acquisition.
“I am happy with the progress in the Hautalampi project and that we have now submitted the important environmental impact assessment programme. With our strong focus on ethics and traceability the EIA is a first important step in providing the EV industry with sustainably mined battery minerals,” said Roberto García Martínez, CEO of Eurobattery Minerals.
About the EIA-programme
The EIA-programme is a plan defining the impacts to be assessed during the EIA-procedure and the methods of the assessment. The programme includes basic information on FinnCobalt Oy’s planned mining and processing operations and the options under assessment, a plan of communications during the EIA procedure as well as an assessment on the schedule of the project and the EIA procedure.
According to the Act on Environmental Impact Assessment, the EIA procedure will examine the environmental effects resulting from Hautalampi projects mining operations and processing operations. These effects concern:
- people’s health, living conditions and well-being in the area
- surface and ground waters, soil, air, climate, vegetation, organisms and diversity of nature
- community structure, buildings, landscape and cultural heritage as well as
- the relationships between these factors.
Three options under evaluation
Three options will be evaluated in the EIA-procedure:
Option 0: No project development at all.
Option 1: Underground mine with adjoining flotation plant to produce copper- and nickel-cobalt concentrate will be developed. Concentrates will be sold and trucked off-site for further processing.
Option 2: Underground mine with adjoining flotation plant to produce copper- and nickel-cobalt concentrate will be developed. Copper concentrate will be sold and trucked off-site; nickel-cobalt concentrate will be processed on-site to produce chemicals for further battery production.
The EIA procedure advances from the programme to a report
The most essential steps in the EIA procedure include: an assessment of the current state of the environment; definitions of various project alternatives, assessments of their environmental impacts, and a comprehensive picture of the impacts of the project and its implementation alternatives, presented together with assessments of the scale and significance of such impacts; plans for the mitigation of detrimental impacts; and the publication of an accurate and coherent EIA report. It must assess impacts on nature, human beings and the built environment and cover exceptional situations, environmental accidents, and means to mitigate adverse impacts.
After the programme phase, an EIA report on the assessed environmental effects will be drafted based on the EIA programme as well as opinions and statements presented on the programme. The EIA report will present, for instance, the current state of the environment, the environmental effects of the assessed options and their significance as well as a comparison of the assessed options. In addition, the report will detail methods to prevent and mitigate harmful effects, for instance.
The EIA procedure is an open process, and residents and other stakeholders have the opportunity to take part in it. Residents and other interested parties may participate in the process by expressing their views to the Eastern Finland ELY Centre, which acts as the coordinating authority. The organisation has published the EIA-programme on the internet https://www.ymparisto.fi/hautalammenkaivosYVA.
Opinions on the EIA-programme concerning the project development may be submitted to the North Karelia Centre for Economic Development, Transport and the Environment before 8th January 2021. Opinions should be sent to kirjaamo.pohjois-karjala@ely-keskus.fi or PL 69, 80101 Joensuu.
Open meeting Thursday 17th December
An open digital meeting on the EIA programme will be held commencing on Thursday, 17th December at 17:00 EET o’clock. Invitation can be obtained by sending an e-mail to petra.paldanius@envineer.fi or from the web-page between 16th-17th December https://www.finncobalt.com/?lang=fi.
The public will have the opportunity to express their views on the environmental impact assessment. Another meeting will be held after the EIA report has been completed.
Please observe that the meeting and all material will be all Finnish language.
For further information, please contact:
Roberto García Martínez, CEO
roberto@eurobatteryminerals.com
https://investors.eurobatteryminerals.com//en/
About Eurobattery Minerals
Eurobattery Minerals AB is a Swedish mining company listed on NGM Nordic SME (BAT). As the foundation of the battery value chain the company’s vision is to help Europe become self-sufficient in ethical and fully traceable battery minerals for the electric vehicle industry. The company is focused on exploration and development of several nickel-cobalt-copper projects in Europe to supply raw material critical to the expanding electric vehicle battery market. Please visit www.eurobatteryminerals.com for more information.
Augment Partners AB, e-mail: info@augment.se, phone: +46 8 505 651 72, is the company’s Mentor.