{
  "commitment": {
    "id": "fin-eu-eib-2024-keliber-loan",
    "eventId": "evt-eu-eib-keliber-2024",
    "relationships": [],
    "instrument": "loan",
    "valueRole": "commitment",
    "capitalSource": "public_enterprise",
    "amount": {
      "value": "150000000",
      "currency": "EUR",
      "qualifier": "exact",
      "amountAsStated": "€150 million direct loan",
      "currencyBasis": "stated"
    },
    "provider": "European Investment Bank (supported by an InvestEU guarantee)",
    "providerJurisdiction": "eu",
    "providerOrgIds": [
      "org-eu-eib"
    ],
    "legalAuthority": null,
    "programmeId": null,
    "recipient": "Keliber Technology Oy",
    "recipientOrgIds": [
      "org-keliber-technology-oy"
    ],
    "project": "KELIBER LITHIUM",
    "projectId": "prj-fi-keliber-lithium",
    "facility": null,
    "locations": [],
    "stages": [
      "mining",
      "processing"
    ],
    "stageAllocation": "multi_stage_unallocated",
    "materialIds": [
      "lithium"
    ],
    "materialAttribution": "tracked_only",
    "untrackedMaterialsAsStated": [],
    "financialStatusHistory": [
      {
        "status": "contracted",
        "date": "2024-08-20",
        "sourceId": "src-eib-keliber-project-20170804",
        "note": "The EIB project record lists a €150 million signature on 20 August 2024."
      }
    ],
    "implementationStatusHistory": [
      {
        "status": "construction",
        "date": null,
        "sourceId": "src-eib-keliber-2024",
        "note": "The 23 August 2024 EIB release states that construction of the plant had already begun; it does not state the construction start date."
      }
    ],
    "terms": [],
    "outcomes": [],
    "evidence": [
      {
        "sourceId": "src-eib-keliber-2024",
        "supports": [
          "instrument",
          "value_role",
          "capital_source",
          "amount",
          "provider",
          "recipient",
          "project",
          "stages",
          "materials",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Opening bullets and financing/project description",
        "note": "The release states the €150 million EIB direct loan, InvestEU guarantee and integrated lithium project."
      },
      {
        "sourceId": "src-eib-keliber-project-20170804",
        "supports": [
          "amount",
          "project",
          "stages",
          "materials",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Amount; Signature date(s); Project description",
        "note": "The project page establishes the exact 20 August 2024 signature date for the €150 million loan."
      },
      {
        "sourceId": "src-sec-keliber-eib-facility-agreement-2024",
        "supports": [
          "recipient",
          "amount",
          "instrument",
          "status"
        ],
        "evidence": "explicit",
        "locator": "Cover page and agreement parties (20 August 2024): EIB as Bank; Keliber Technology Oy as Borrower; Schedule 1 and signature pages: Keliber Oy as Original Guarantor",
        "note": "Executed €150M contract controls legal borrower identity. The EIB press release informally labels Keliber Oy as recipient, but the contractual Borrower is Keliber Technology Oy."
      }
    ],
    "notes": "The executed 20 August 2024 EIB facility agreement (SEC Exhibit 4.8) identifies Keliber Technology Oy as the borrower and Keliber Oy as an original guarantor, correcting the abbreviated borrower identification in the EIB announcement. EIB project 20170804 separately lists a €17.5 million signature on 20 December 2024; the bank's 2024 lending report names Natixis as that signature's counterparty. Because the financing mechanism and flow to Keliber have not been verified, that transaction remains outside this tranche and is not recorded as a second direct Keliber loan.",
    "lifecycleReview": {
      "financialStatusCheckedAt": "2026-10-07",
      "implementationStatusCheckedAt": "2026-10-07"
    }
  },
  "event": {
    "id": "evt-eu-eib-keliber-2024",
    "date": "2024-08-23",
    "jurisdiction": "eu",
    "titleEn": "Finland: EU and Sibanye-Stillwater, through its Keliber lithium project, join forces in €150 million deal to improve EU access to and resilience in battery materials"
  },
  "parents": [],
  "children": [],
  "sources": [
    {
      "id": "src-eib-keliber-2024",
      "title": "Finland: EU and Sibanye-Stillwater, through its Keliber lithium project, join forces in €150 million deal to improve EU access to and resilience in battery materials",
      "publisher": "European Investment Bank",
      "url": "https://www.eib.org/en/press/all/2024-313-eu-and-sibanye-stillwater-through-its-keliber-lithium-project-in-finland-join-forces-in-eur150-million-deal-to-improve-eu-access-to-and-resilience-in-battery-materials",
      "language": "en",
      "datePublished": "2024-08-23",
      "dateAccessed": "2026-10-07",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "Official EIB release: EIB is lending €150 million to Keliber Oy as part of a €500 million financing package for integrated lithium mining, concentration and lithium-hydroxide processing in Finland. The direct loan is backed by an InvestEU guarantee."
    },
    {
      "id": "src-eib-keliber-project-20170804",
      "title": "KELIBER BATTERY GRADE LITHIUM PRODUCTION",
      "publisher": "European Investment Bank",
      "url": "https://www.eib.org/en/projects/all/20170804",
      "language": "en",
      "datePublished": null,
      "dateAccessed": "2026-10-07",
      "sourceType": "official",
      "confidence": "primary",
      "notes": "Official EIB project record. Status Signed; records €150,000,000 signed on 2024-08-20 and a later €17,500,000 signature on 2024-12-20. This tranche codes only the €150 million transaction surfaced by the August 2024 EIB release. Project description covers lithium mines, a concentrator and a hydrometallurgical battery-grade lithium-hydroxide plant."
    },
    {
      "id": "src-sec-keliber-eib-facility-agreement-2024",
      "title": "Sibanye Stillwater, Exhibit 4.8: 20 August 2024 EIB–Keliber Technology Oy €150 million Facility Agreement",
      "publisher": "Sibanye Stillwater Limited / U.S. Securities and Exchange Commission (EDGAR)",
      "url": "https://www.sec.gov/Archives/edgar/data/1786909/000178690925000019/a2017-080488685financont.htm",
      "language": "en",
      "datePublished": "2025-04-25",
      "dateAccessed": "2026-10-07",
      "sourceType": "other",
      "confidence": "primary",
      "notes": "Binding EIB €150M facility agreement executed August 20, 2024 and furnished April 25, 2025. Party definitions name Keliber Technology Oy as Borrower; Keliber Oy is an Original Guarantor. Corrects the shorthand recipient wording in EIB's August 2024 press release."
    }
  ]
}