More mining investment in Finlando Europe's lithium supply. South African precious metals producer Sibanye-Stillwater moved to take control of the Keliber lithium hydroxide project in Finland, as part of a planned €446 million financing that aims to accelerate its development. Sibanye said it would increase its ownership of the project from 30% to just over 50% for €146 million and then offer existing shareholders €196 million to raise it further to 80%. It would also support a further €104 million capital raise by the company. The deal could help move the project into construction, providing Europe with a homegrown source of lithium for its automotive industry.