Eurobattery Minerals strengthens Finnish Hautalampi team with new experienced Managing Director

Stockholm, 25 November 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “EBM”, “Eurobattery” or “the Company”) today announced that Mr. Ilari Kinnunen has been appointed new Managing Director (MD) of FinnCobalt Oy in Finland as of 01^st of March 2023, replacing the current MD Markus Ekberg, who will be retiring. Markus Ekberg will continue as the Chairman of the Board of FinnCobalt Oy. Mr. Ilari Kinnunen, will be responsible for the development and operations of Hautalampi battery mineral mine development project. Eurobattery Minerals owns 40% of the FinnCobalt Oy and Hautalampi project and has the option to acquire 100%.

“I am very pleased to welcome Ilari to Eurobattery Minerals. With his experience, he will be instrumental in developing our battery mineral project in Finland into a mine. At the same time, I would like to express my big gratitude to Markus, who has been a critical part of our operations in bringing us this far. In his position, he has paved the way for a very promising battery mineral mine in Finland,” said Roberto García Martínez, CEO of Eurobattery Minerals.

Ilari Kinnunen brings almost 20 years of experience in different roles in the mining sector. Most recently, he was the Senior Mining Manager in Finland at global company Elementis Minerals Oy, where he previously held several other senior positions. Ilari has an M. Sc. in Mineral Engineering from the Aalto University, department of chemistry and material science. He will be based in Outokumpu in Finland, where the Hautalampi project is located. 

“I am excited to join Eurobattery Minerals and take on the responsibility of developing the highly promising Hautalampi mine project with the rest of the talented team. Having the full right to exploit all the mineral resources in the mining concession area the pre-feasibility study is our next priority,” said Ilari Kinnunen. 

About Eurobattery Minerals

Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.

Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.

Contact FinnCobalt Oy

Markus Ekberg – Managing Director

E-mail: markus.ekberg@finncobalt.com

Phone +358 40 706 4850

Contact Eurobattery Minerals AB

Roberto García Martínez – CEO

E-mail: info@eurobatteryminerals.com

Contact Investor Relations

Sara Pinto

Phone: +49 (0) 89-1250903-35

E-mail: ir@eurobatteryminerals.com

Mentor

Augment Partners AB is the mentor to Eurobattery Minerals AB

Phone: +46 (0) 86 042 255

E-mail: info@augment.se.