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EIT RawMaterials Boosts Finnish Vanadium Project with €1.5M Investment
8:28am on Monday 22nd of December, 2025 AEDT
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Mining
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EIT RawMaterials Boosts Finnish Vanadium Project with €1.5M Investment
8:28am on Monday 22nd of December, 2025 AEDT
Key Points
EIT RawMaterials invests €1.5M in Novana Oy for Vanadium Recovery Project
Funding targets piloting of novel beneficiation process to improve economics
Novana holds exclusive Nordic license to Neometals’ patent-pending technology
Project secured environmental permits and offtake agreement with Glencore
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