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EUEuropean UnionEuropean Investment Bank (supported by an InvestEU guarantee)

Keliber Technology Oy

KELIBER LITHIUM

CommitmentLoanPublic enterpriseContracted

fin-eu-eib-2024-keliber-loan

Reading this record

What the evidence says — and does not say

What kind of figure?
CommitmentMoney, or a money-like promise, committed to a named recipient or project. The only role ever summed.
What has happened legally?
ContractedA binding agreement has been executed. Not a payment, and not necessarily an obligation of funds: an agreement can leave that to a later step.
Has money been paid?
Follow the payment evidenceThis status does not itself establish a cash payment. In particular, a signed contract does not necessarily establish an obligation of funds.
What does it link to?
Project attributionOne registered project is linked directly to this row. The link alone does not prove the amount was paid or that the project advanced.

This is a commitment role, but the financial status still determines legal standing and payment. Funding and verified industrial outcomes remain separate. A financial record alone never independently verifies construction, commissioning or production. Read SMPT's counting and evidence rules.

Amount

EUR150 million

As stated “€150 million direct loan”

EUR 150,000,000 · Exact · Currency stated in the source

Record

Provider
European Investment Bank (supported by an InvestEU guarantee)European Investment BankPublic financier
Legal authority
Not stated
Programme
None named
Recipient
Keliber Technology OyKeliber Technology OyCompany
Project
KELIBER LITHIUMKELIBER LITHIUM capital stack →
Facility
Not stated
Location
Not stated
Stages
Mining, ProcessingSeveral stages, split not stated
Materials
LithiumTracked materials only

Status

Financial and physical progress are separate histories. The last entry is current.

Financial

  1. Contractedcurrent

    The EIB project record lists a €150 million signature on 20 August 2024.

    European Investment Bank

Implementation

  1. Constructioncurrent

    The 23 August 2024 EIB release states that construction of the plant had already begun; it does not state the construction start date.

    European Investment Bank

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.

Evidence

Every populated field names the source that states it, how directly, and where.

  1. 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

    European Investment Bank

    Fields supported
    Instrument · Value role · Capital source · Amount · Provider · Recipient · Project · Supply-chain stages · Materials · Status
    Evidence level
    Explicit
    Location in document
    Opening bullets and financing/project description
    Qualification
    The release states the €150 million EIB direct loan, InvestEU guarantee and integrated lithium project.
    View source dossier →

  2. KELIBER BATTERY GRADE LITHIUM PRODUCTION

    European Investment Bank

    Fields supported
    Amount · Project · Supply-chain stages · Materials · Status
    Evidence level
    Explicit
    Location in document
    Amount; Signature date(s); Project description
    Qualification
    The project page establishes the exact 20 August 2024 signature date for the €150 million loan.
    View source dossier →

  3. Sibanye Stillwater, Exhibit 4.8: 20 August 2024 EIB–Keliber Technology Oy €150 million Facility Agreement

    Sibanye Stillwater Limited / U.S. Securities and Exchange Commission (EDGAR)

    Fields supported
    Recipient · Amount · Instrument · Status
    Evidence level
    Explicit
    Location in document
    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
    Qualification
    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.
    View source dossier →