Sokli
Mining project in Savukoski, Finland, surveying rare earth, phosphate and iron deposits for European raw material supply
Highlights
- New on EvolcAdded 2026-10-30
About Sokli
Sokli Oy is developing the Sokli mineral deposit in Savukoski, Finland, which the company describes as globally unique. It is surveying the area's mineral resources and the overall profitability of mining, building on earlier studies focused on phosphate and iron production. Target minerals include rare earth elements, manganese, vermiculite, niobium and copper.
The minerals are intended for electrical, electronics and automotive industries and renewable energy production. The company states that the project could strengthen European self-sufficiency in critical raw materials and become part of the Finnish battery value chain, and that a mine would employ hundreds of people directly and indirectly.
Sokli was founded in 2020 and is headquartered in Helsinki; research on the deposit dates back to 1967. In October 2026 the Sokli mining project was selected as a strategic project under the EU Critical Raw Materials Act, and Pasi Heino was appointed CEO of Sokli Oy. Preparations for test operations are ongoing, and the company runs the More than a Mine programme.
Product: Mineral deposit development and resource surveys for the Sokli deposit in Savukoski, Finland.
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