Business
Kallak Update - CEO Visit to Sweden
Kallak Update - CEO Visit to Sweden.
About this update from Beowulf Mining Plc
[{"type":"text","content":"\n \n \n \n \n \n \n \n \n \n \n 13 May 2022\n \n \n \n Beowulf Mining plc\n \n \n (\"Beowulf\" or the \"Company\")\n \n \n Kallak Update - CEO Visit to Sweden\n \n \n Beowulf (AIM: BEM; Spotlight: BEO), the mineral exploration and development company, is pleased provide an update to the markets on Beowulf CEO, Kurt Budge's visit to Sweden this week and his brief Kallak update at the Swedish Mining Innovation and Research Day in Luleå on 12 May.\n \n \n Timeline\n \n \n The CEO has met with legal advisers to discuss environmental permitting and its place in the overall development timeline for Kallak. The Company is now preparing a detailed plan and will provide further details as they become available. In parallel, the work to complete a Scoping Study and quickly move to Pre-feasibility is underway. The Company will look to secure options that can de-risk project execution, while meeting environmental and social goals, balancing cost and benefit.\n \n \n The Company's overall objective is to have Kallak in production in 3-4 years, developing the mine alone or in partnership. It seems that authorities and courts dealing with permits are responding to material issues, such as the Climate Emergency and the Green Transition, when considering downstream industrial projects. If Kallak were to be treated equally, and even as a priority case, given the drive for security of supply and self-sufficiency of primary raw materials in Sweden and Europe, then the Company will be doing all it can to make 3-4 years achievable. \n \n \n Jokkmokk Iron Mines CEO/VD\n \n \n The Company is committed to building its team within Sweden and has started the process of recruiting a CEO/VD for Jokkmokk Iron Mines. Beowulf is focused on bringing diversity throughout its operations.\n \n \n Innovation\n \n \n When considering innovation, the Company firstly places great importance on its future engagement with stakeholders and authorities. We will live our values of Respect, Partnership, and Responsibility, and seek to continuously improve our transparency through proactive engagement and regular communication.\n \n \n The Company has stated its ambition for developing the most sustainable mining operation possible at Kallak. This week, Mr Budge has visited Zeppelin Sverige AB (\"Zeppelin\"), the Caterpillar dealer in Bod...