Sakatti

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We have developed a Sustainable Mining Plan that will foster innovation and deliver step change results across the entire mining value chain.

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We have developed a Sustainable Mining Plan that will foster innovation and deliver step change results across the entire mining value chain.

Introduction

How metals and minerals are produced is becoming ever more important to all stakeholders, from our local communities to the end consumer – and rightly so. Anglo American’s Sakatti project in Finland is the next generation of FutureSmart mine, demonstrating our integrated approach to sustainability and innovation in action.

The next generation of our FutureSmart mine

Building on learnings from our Quellaveco mine (delivered on time and on budget in 2022, and one of the largest greenfield copper mines to be built in recent decades), we are developing a remotely operated, low-carbon underground operation at our Sakatti project in Finland, where we expect to deliver around 100,000 tonnes of copper equivalent production per year from the early 2030s. The Environmental Impact Assessment for the project was approved by the Finnish authorities in 2023 and we are progressing with work to augment existing studies in support of a Natura 2000 update, given the location of Sakatti in an ecologically protected area.

We achieved several project milestones at Sakatti during 2024, which demonstrates how our project delivery model supports sustainable and profitable outcomes for our business and all our stakeholders. In the first quarter of 2024 we signed a memorandum of understanding to work together with Finnish Battery Metals to explore opportunities to further support

Finland’s battery strategy, very much aligned to Finland’s and the EU’s critical minerals priorities. Later in the year we also welcomed a decision from the Lapland Centre for Economic Development, Transport and the Environment, to formalize acquired land as an officially protected conservation area, known as the Sakatti Forest Compensation Conservation Area.