Jervois selects AFRY for Finnish cobalt refinery expansion

AFRY will undertake basic engineering and bankable feasibility study, and lead environmental permitting.

AFRY’s assignment for Jervois is planned to complete in Q3 2023. Credit: LEEROY Agency from Pixabay.

Finnish cobalt products supplier Jervois has selected Sweden-based engineering firm AFRY to provide basic engineering for the cobalt refinery expansion project in Finland.

AFRY will also be responsible to lead environmental permitting, including a public Environmental Impact Assessment (EIA) coordination and undertaking the Bankable Feasibility Study (BFS) for the expansion of Jervois’ cobalt refinery at Kokkola Industrial Park.

Basic engineering and the associated BFS will help Jervois to take the final investment decision for the expansion project.

Jervois Finland managing director Sami Kallioinen said: “Battery minerals, such as cobalt, underpin the required European energy transition to achieve climate goals. Jervois has strong ambitions to continue its support of Europe’s sustainability targets.

“Together with AFRY, we will be able to take advantage of the best-in-class local know-how and the advanced sustainable operating footprint we have here in the Nordics.”

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With the cobalt refinery expansion project, Jervois intends to meet the surging demand for the commodity, especially in the battery and electric vehicles (EV) sectors.

Upon completion of the expansion project, the Jervois’ refinery annual capacity will increase from 6,250 metric tonnes to at least 12,250 metric tonnes of refined cobalt.

AFRY Finland industries process head Kalle Rasinmäki said: “Together with Jervois, we are designing a modern refinery to secure the critical mineral supply chains, which underpins energy transition and climate goals.

“AFRY’s commitment to sustainable mining and metals industry principles and to using the best available technologies enables Jervois to reach their high environmental and sustainability standards.”