Finland Tightens Mining Law as Demand for Minerals Surges
This article is for subscribers only.
Finland’s parliament passed an overhaul of its mining law to better protect the environment and safeguard national production of minerals amid surging demand.
The new bill, approved on Monday, gives greater control to local residents in permissioning of new mining areas, aims to increase sustainability in the industry and evens the playing field for companies. Stricter regulation and higher fees are expected to help weed out unreliable operators and benefit those who comply with the rules, the government has estimated.