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Mustanvaaran Kaivos Oy

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Updated: 25.06.2013


Mustavaaran Kaivos Oy
Asemakatu 37
90100 Oulu
+358 (0)8 370 090


Company description

Mustavaaran Kaivos Oy is a private company, established in January 2011. The company owns the mineral rights to the Mustavaara vanadium/iron/titanium deposit in northeastern Finland. Our goal is to bring the Mustavaara mine into production in 2017 and to produce vanadium and iron metal, possibly also titanium. Remaining reserves in the existing open pit are ca. 100 million tons, sufficient for a mine life of 30 years. The deposit continues west of the open pit over a distance of 20 km with excellent potential for substantial additional reserves.

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