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Pello Border Crossing
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Sokli Mine

Project Description

Yara Suomi Oy - 14 September 2015: Yara International ASA has made a preliminary decision to halt development of its Sokli mining project in Finland, due to the anticipated profitability of the project being below Yara's requirement. There is renewed interest in constructing a new phosphate mine in Sokli as part of the Joint Barents Transport Plan - 2019.

Project Details

Development Type

CivilMining

Country / Developer

Finland

Status

Proposed

Budget / Cost

Estimated at 1.174B USD

Source

https://www.yara.com/corporate-releases/yara-decision-to-halt-development-of-sokli-mining-investment/, https://www.barentsinfo.fi/beac/docs/JBTP2019_MAIN_REPORT_190910.pdf

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