background - home - mineralogical society · 3 2019 edinburgh 3rd international critical metals...

19

Upload: others

Post on 29-Jun-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014
Page 2: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Background • Finnish government is investing heavily

in developing the battery value chain

• All the way from raw materials through component & cell production to recycling

Sta

te o

f e

xp

ert

ise

in

Fin

lan

d

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 2

Page 3: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 3

0

10

20

30

40

50

2010 2012 2014 2016 2018 2020

GTK:n budjettirahoitus GTK’s budget funding

Page 4: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project

• Three mines and half a dozen mine projects have a battery ”aspect”

• State-owned “Finnish Minerals Group” is a shareholder in some of the projects

Current state

4

Page 5: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Duration and size? • 2019–2022, 2019 ~25 person years

• ~60 persons from 9 out of GTK’s 14 units

• ~1/15th of GTK’s budget funded money/time

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 5

Page 6: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Project in practice should/will: • support the basis of the battery cluster

• evaluate potential, point out possibilities

• leave exploration to the private sector

• identify new or underexplored areas

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 6

Page 7: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project

• Two known provinces

• One mine project in final permitting/financing stages

• Other areas? Why not?

• Similar structures and geological setting in ½ of Finland

Lithium pegmatites

7

Page 8: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project

• Limited amount of private activity

• But:

• Plenty of C-bearing schists and gneisses

• Sufficiently high metamorphic degree over large areas

Flake graphite

8

Page 9: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Flake graphite 2019

• Reporting investigated targets to ministry

• Exploration rigths sold to private sector

e.g. Rautalampi, Central Finland

• 14 holes with varying C-contents

• Best intersections:

• 12,85 m @ 12,5 % Cg

• 10,9 m @ 8,7 % Cg

• 20,2 m @ 12,1 % Cg

• 19,25 m @ 19,3 % Cg

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 9

Page 10: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project

• Kuusamo & Peräpohja Co-Au • Alteration in volcano-sedimentary

sequence

• Intrusive Ni-Cu-Co • Paleoproterozoic mafic-ultramafic

intrusions

• Outokumpu-type Cu-Ni-Co-Zn-Au • Altered ophiolite fragments

Cobalt, 3 types regarded as most potential Kuusamo

Outokumpu W

10

Page 11: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Kuusamo • Continuations of the Co-Au-U

potential system north from the core of the Kuusamo schist belt

• Current view is that the same rocks continue, why no known mineralisations?

• The rocks/structures differ?

• Underexplored?

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 11

Page 12: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Outokumpu West • Outokumpu-type Co-Cu-potential in the

east (altered ophiolite fragments)

• Kotalahti-type Ni-Cu-Co-potential in the west (magmatic sulphide ores)

• But what’s the practically unexplored area between these two?

• Is it truly empty, and if, why?

• Are the ores deeper, 3D-modelling in belt scale

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 12

Page 13: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 13

Page 14: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Updated potentiality

assesments

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 14

• Nationwide from cobalt and graphite

• Based on existing data

• Deposit databases, drill cores, geochemistry, outcrop and boulder observations, layman’s samples……

• Identifying new or

underexplored areas

for field work in in 2020

Page 15: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Databases, prospectivity modelling and flexi-

desking make miracles,….

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 15

Page 16: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

….., but for some people the reality is less

glamorous if we want things to work.

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project

16

Page 17: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Could it be this easy?

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 17

• Exploration project in Lapland in 1970’s

• Was looking for Vanadium, no success

• One sentence ”Co concentrations are however highly anomalous” in report

• Resampling the core -> up to 0.3 % Co

• New target type for the area in question

• Old raw data often not in databases, thousands of reports to skim through

Page 18: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

Summary

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 18

• High level commitment to decarbonisation

• Criticality of RMs well understood by goverment, not always by general audience

• Role of the geological survey clear:

• Showing potential, not making direct hits

• Are we 10–20 years late?

• In respect to the first wave, yes

• Exploration & permitting is just so slow

Page 19: Background - Home - Mineralogical Society · 3 2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 0 10 20 30 40 50 2010 2012 2014

2019 Edinburgh 3rd International Critical Metals Conference / Mikkola / GTK's Battery Mineral Project 19