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MINEARC Webinar 4: Business opportunities and innovation in mining and mineral value chain

12.5.2026 09:00

Online

Maarit Kokko (Business Finland, FI)

Maarit Kokko is working with R&D funding at national and EU level. She has extensive experience in the intersection of R&D funding and extractive industries and is the Business Finland representative in the new EU co-funded Partnership on Raw Materials (RAMP). Maarit highlights the importance of R&D in Finland’s mining and mineral sector to boost growth and sustainability.

Abstract: Importance of R&D in Finland’s mining and mineral sector to boost growth and sustainability

With the help of R&D activities, Finland can increase the added value of raw materials, strengthen the industry's sustainability and competitiveness in international markets as well as attract investments. Business Finland is boosting the ambitious R&D projects and sharing the risk. Business Finland offers a variety of funding options for companies and research organisations. For example, the joint projects of research organisations and companies promote high-quality research and accelerate the renewal and international growth of Finnish companies, as well as the building of competitive ecosystems. Business Finland participates in the new Horizon Europe co-funded Partnership on Raw Materials (RAMP), which forms a new platform for international R&D collaboration.

 

Yousef Ghorbani (University of Lincoln, UK)

Professor Yousef Ghorbani is Professor of Energy Materials and Metals at the University of Lincoln, UK. His research focuses on critical raw materials, sustainable extraction and recycling, advanced materials, and circular economy approaches for energy and emerging technologies. He holds a PhD in Process Metallurgy and Electrochemical Engineering from the University of Cape Town. He is a Chartered Scientist (CSci), Chartered Environmentalist (CEnv), and Chartered Engineer (CEng) awarded by the Institute of Materials, Minerals and Mining (IOM3), United Kingdom. Professor Ghorbani has over 20 years of international academic and industrial experience, leading many national and international projects, including several EU-funded initiatives on energy technologies and technology-critical materials, and serving on international scientific advisory committees.

Abstract: Access to Critical Raw Materials Shapes the Future of Emerging Technologies and Innovation

Access to critical raw materials (CRMs) is increasingly recognised as a key factor shaping the development and deployment of emerging technologies. Technologies such as electric vehicles, renewable energy systems, advanced electronics, artificial intelligence, and energy storage rely heavily on materials including lithium, cobalt, nickel, graphite, and rare earth elements. As global demand for these technologies accelerates, concerns related to supply security, geopolitical concentration of resources, environmental impacts, and price volatility continue to grow. Ensuring reliable and sustainable access to CRMs is therefore essential for technological innovation, industrial resilience, and the global energy transition. In this context, chemistry-informed design approaches play a crucial role in enabling effective recycling and resource recovery. Understanding how material properties, composition, and interfacial behaviour influence processing pathways allows the development of more efficient circular flow strategies. By linking material characteristics with recycling technologies, it becomes possible to improve recovery efficiency, reduce supply risks, and support sustainable value chains. This talk provides an overview of how CRMs influence emerging technologies and highlights opportunities to strengthen supply security through recycling, innovation, and integrated circular economy approaches. These perspectives emphasise the strategic role of materials science and chemistry in enabling resilient and sustainable technological development.

 

Timo Lindborg (Teknoventure Oy, FI)

Associate Professor, D.Sc. (Tech.)

Dr. Lindborg has a Doctor's degree in Industrial Economics at the University of Oulu, Finland. Lindborg took his Master of Science in Civil Engineering at the University of Oulu in 1988. Before that, he took a B.Sc. in Quaternary Geology and Geology at the University of Uppsala, Sweden, in 1982. Dr. Lindborg was a professor in Mineral Entrepreneurship at Oulu University and the Luleå University of Technology during 2010-201.

He was one of the founding entrepreneurs and CEO of two stock exchange-listed mining companies Sotkamo Silver AB during 2010-2019 and Endomines 1997-2009. Sotkamo Silver's mine commenced production in April 2019, and Endomines' gold mine in 2010. These companies were one of the first junior mining companies in Finland.

Abstract: Knowledge, Capital and Minerals: Why Mining Is a High-Tech Industry

Mining is widely perceived as a low-technology, low-value-added industry. The data tells a different story. Finnish mining generates a 665× value-added ratio from ore in the ground to the market, comparable to knowledge-intensive manufacturing. Yet the industry remains classified outside Finland's R&D statistics, misunderstood by policymakers, and undercapitalised by domestic investors.

This presentation examines the full mineral value chain from exploration to end products, using Finnish data from GTK's national deposit database and 30 years of Tukes investment statistics. Key topics include, why Finland's discovery-to-production timeline has grown from 6 to 27 years; how consultant incentives distort investment decisions; why the Indicated resource level is the optimal investment point for most deposits; and how Ai-based decision support can eliminate the "we need more data" bias. The presentation concludes with concrete policy recommendations for capturing more value from Finland's world-class mineral endowment in the CRM era.

 

Matthew Hicks (Metso, FI)

Matthew Hicks is Director, Minerals Processing at Metso Research Center located in Pori, Finland. Matthew has also worked for Metso commissioning the analytical laboratory and flotation bank at Saudi Arabia’s largest gold mine. His background is in economic geology, process mineralogy, mineral processing beneficiation, and analytical techniques in the laboratory. Currently he leads a team of mineralogists, metallurgists, dewatering specialists, and the minerals processing laboratory.

Abstract: A Holistic approach to flowsheet development

Complex mineralization sometimes requires unique solutions, but a holistic view of mineral processing with the utilization of new technologies can create a simple and robust solution for flowsheet development. Increasingly tightened environmental restrictions also demand new technologies and accountability for the consequences of beneficiation. New methods applied to sample characterization along with new technologies in grinding, regrinding, and beneficiation allow for increased grades and recoveries without making a complicated flowsheet. Testing smarter, using previous data, applying experience, and incorporating a big-picture view of testing allows for the best results while streamlining test programs and reducing the number of tests and time it takes to complete a successful testing program.

 

Oltingey Lindi (UOULU/OMS, FI)

Mr. Oltingey Lindi is a doctoral researcher at the Oulu Mining School, University of Oulu, specializing in uncertainty quantification in mineral resource estimation. He previously worked on the Semacret Project (2024–2025). Since 2015, he has served as an Assistant Lecturer at Mbeya University of Science and Technology, Tanzania, where he has taught mining engineering, supervised student projects, and led the Department of Geosciences and Mining Technology. He holds an MSc in Petroleum Engineering from NTNU, Norway.

Abstract: Quantifying geological domain boundary uncertainty and its impact on grade and tonnage estimates using a hybrid geostatistical-machine learning approach

Geological domaining plays a central role in mineral resource estimation, yet commonly used deterministic approaches assume fixed boundaries and fail to quantify uncertainty, potentially leading to biased estimates and increased project risk. Although stochastic simulation and machine learning have advanced domain modelling, limited research has addressed how domain boundary uncertainty propagates into grade and tonnage estimates. This research proposes a novel hybrid machine learning-geostatistical framework that explicitly quantifies geological domain boundary uncertainty and assesses its propagation into mineral resource estimates. The methodology integrates Sequential Indicator Simulation with random forest and extreme gradient boosting to generate multiple geological domain realizations and predict numerous grade and tonnage solutions. By combining stochastic and data-driven approaches, the method captures both geological variability and complex data patterns, improving prediction accuracy at unsampled locations. The proposed approach aims to reduce estimation bias, improve resource classification, and support more reliable mine planning and risk assessment. By addressing a critical gap in current practice, this research contributes to more accurate, transparent, and sustainable mineral resource development.

 

Miia Mikkonen (Sokli Oy, FI)

Miia Mikkonen is the Communications Manager for the Sokli project in Savukoski, Lapland, one of Finland’s most distinctive mineral resource developments. She has over 14 years of experience in the mining sector, with a background spanning mining projects as well as service and technology providers. In her current role, Miia is responsible for ensuring clear and transparent communication about the project and its development phases. She holds a Master’s degree in Geography (Regional Development and Politics) and an MBA in International Business Management.

Abstract: Sokli in Practice: Pilot-Scale Activities and Technology Testing Opportunities

This presentation introduces the Sokli project in Northern Finland, with a focus on its overall timeline and the role of planned pilot-scale activities, including test mining and test processing. The talk presents selected case examples from different stages of the value chain, covering the use of artificial intelligence and machine learning in mineral exploration, innovative approaches to mineral processing and circular economy solutions, as well as environmental monitoring methods such as eDNA. Rather than a single technology pathway, the presentation highlights how diverse technologies can be explored and demonstrated within a real project context, and what can be learned from applying them in practice.

 

Markus Latvala (Feasib Oy, FI)

Markus Latvala has over 20 years of experience in various industries, the last 15 years in the mining and exploration. He worked as an environmental manager at Belvedere Mining Oy during the closure of the Hitura mine, and at Rupert Resources during the discovery of Ikkari. Since 2018, he has been the CEO of Feasib Oy. Feasib Oy is a specialist company that provides consulting and laboratory services to the mining and exploration industry.

Abstract: Satellite monitoring for mine sites

The presentation will discuss AI driven hyper- and multispectral satellite monitoring, which enables remote sensing of minerals, as well as monitoring of water quality and biodiversity over large areas. It will also briefly discuss 3D twins of mining areas built using drone footage.

 

Jyrki Salmi (UOULU/OMS, FI)

Jyrki Salmi is a doctoral researcher at the University of Oulu focusing on information-centric digital twins and digital engineering in underground mining. His research develops the MiningBIM framework, integrating information modelling, automation and data-driven systems. He brings over 25 years of industry experience, including executive roles in large-scale mining operations. His work bridges engineering practice and digital systems research, aiming to enable autonomous, data-driven and sustainable mining systems.

Abstract: From Data to Value: Information-Centric Digital Twins Enabling New Business Opportunities in Mining

The mining industry generates vast amounts of data across exploration, design and operations, yet much of its value remains unrealised due to fragmented systems and limited interoperability. This presentation explores how information-centric digital twins can transform mining data into actionable knowledge and new business opportunities across the mineral value chain. The concept of MiningBIM is introduced as a structured approach to modelling underground mining systems, integrating geometry, processes and operational data into a unified digital environment. By combining information modelling with real-time data and advanced analytics, digital twins can support improved decision-making, process optimisation and the development of autonomous mining systems. The presentation highlights how these approaches enable new value creation, including enhanced operational efficiency, improved sustainability and the emergence of data-driven services. It also discusses the role of industry–academia collaboration in accelerating innovation and the practical implementation of digital mining solutions.

 

Anni Honkonen (EPSE Oy, FI)

Anni Honkonen is a Master of Science (Industrial Engineering) working at the intersection of HSE, marketing, and internal process development at EPSE Oy. EPSE Oy is a Finnish cleantech company specializing in advanced industrial wastewater treatment solutions. She plays a key role in ensuring that industrial solutions are not only effective, but also safe, compliant, and aligned with the organization’s strategy. Her work focuses on translating technical capabilities into clear, compelling value propositions for customers and stakeholders.

As a speaker, she offers a technically grounded yet application-oriented perspective on how emerging treatment technologies can support more sustainable mining and industrial operations. Her approach emphasizes data-driven experimentation, feasibility in field conditions, and measurable environmental impact.

Abstract: EPSE Green Zone: from conventional to revolutionary

EPSE is a company specializing in water treatment that has always built its customer relationships through water treatment. However, in one of our projects proceeding as usual, we encountered results during the pilot phase that we could not ignore: the water contained significant amount of critical minerals, and it would have been absurd to leave them unused. This set off a chain of events that has turned a small Finnish company into the hottest name in Uzbekistan’s environmental and mining ministries; we’ve made nearly 30 trips to the country over the past two years and are creating an entirely new operating concept, the Green Zone. We’ll share the project’s milestones and how this mining industry innovation came to be, along with some lessons learned

 

José A. Sanchidrián (UPM, ES)

José Sanchidrián is Chair Professor at the Department of Mining Engineering and Earth Sciences, School of Mines and Energy, Technical University of Madrid. A mining engineer, he served 7 years in Spain’s Army Corps of Engineers and 10 years in the explosives industry prior to joining university. He has authored 5 books and nearly 200 journal and conference papers. His research topics are rock fragmentation, rock characterization for blasting, vibrations, and detonation and explosion physics. He is currently president of the Fragblast International Committee.

AVANTIS – selective blasting

 

Marko Holma (Muon Solutions Oy, FI)

Marko Holma is a multidisciplinary exploration geologist with 30 years of experience in geoscience, mineral deposit geology, and exploration technologies. His expertise spans precious-metal, base-metal, and critical raw materials exploration, geochemistry, geophysics, and cosmic-ray muography, an emerging subsurface sensing method for multidimensional density mapping. He is co-founder and Chief Executive Officer of Muon Solutions Oy, where he advances the commercialisation of science-based deep-tech for practical mining and subsurface applications. His wider work is strongly rooted in collaborative research through current affiliations with the University of Oulu’s Kerttu Saalasti Institute, the International Virtual Muography Institute, and the Arctic Planetary Science Institute in Rovaniemi, Finland.

Passive Sensing, Active Value: Muon-Based Intelligence for Critical Minerals

 

Tabatha Chavez Matus (ICMM, UK)

Tabatha Chavez Matus, Innovation Manager at the International Council on Mining and Metals (ICMM). Tabatha is renowned for championing transformative approaches within the global mining industry, with a particular emphasis on technology adoption, collaborative innovation, and operational excellence. At ICMM, she leads strategic initiatives that drive responsible mining practices, with a notable focus on advancing best practices in tailings and waste management. Tabatha has a BSc in Chemical Engineering from Federico Santa Maria Technical University Chile and MSc in Sustainable Mining and Mineral Resources from the University of Oulu Finland.

Abstract: The Tailings Innovation Initiative: A Collaborative Ecosystem to Transform

Waste into Value

The Tailings Innovation Initiative aims to accelerate the transformation of tailings from waste into a source of environmental, social, and economic value. This presentation explores the opportunities and challenges shaping tailings innovation today and outlines what is required to move from isolated solutions to scalable impact. It highlights why progress has been slow and fragmented, despite growing technological capability and urgency, and argues that a holistic, ecosystem‑based approach is essential. The initiative brings together a diverse set of stakeholders: including mining companies, original equipment manufacturers (OEMs), universities, start‑ups, the policy community, and financial institutions, to align incentives, share knowledge, and de‑risk innovation. By examining real collaboration models, enabling conditions, and systemic barriers, the presentation demonstrates how coordinated action across the value chain can accelerate deployment, build trust, and unlock investment. Ultimately, it shows how an integrated ecosystem approach can turn tailings innovation into a strategic driver of sustainable mining.

 

Markku Seitsaari (UOULU/OMS, FI)

Markku Seitsaari holds Master’s degree in Geosciences (geology and mineralogy) and Information Processing Science. His current position at OMS is Project Researcher, and his field of study is Process Mineralogy with 9 years of experience. He is also the Principal Operator of the OMS Research Centre Pilot Plant. He’s background is in Software Development with Nokia Corporation.

From an idea to a circular product: green lime project case study

 

Toni Rönnberg (EIT RawMaterials, FI)

Toni Rönnberg has built a career working in leading positions with industrial raw materials across the recycling industry and maritime industrial logistics, and currently focuses on advancing Europe’s raw‑materials self‑sufficiency as Regional Director for the Nordics and Baltics at EIT RawMaterials.

EIT RawMaterials fostering Innovation

 

Erja Retzén (Nasdaq Nordic, FI)

Erja Retzén is a senior Nasdaq executive specializing in IPOs and corporate growth. With a technical background and extensive experience across communications and capital markets, she has become a key advisor to Nordic companies seeking funding and expansion through public listings. Retzén is particularly associated with sectors such as mining, gaming, and cleantech.

Visibility and speed for growth through a stock exchange listing

 

Kristiina Jokelainen (SmartNorth Ltd, FI)

Kristiina Jokelainen is an experienced professional in regional development and EU funding, with a deep understanding of the funding landscape. She plays a vital role in strengthening collaboration among European mining regions and has launched several EU-funded initiatives that support responsible mining, industrial change, and resilient regional innovation networks. Drawing on her knowledge of the European Commission and the OECD, she has developed and led multiple projects that effectively integrate EU and national funding sources. She encourages mining regions and ecosystems to develop stronger, collaborative funding strategies that prioritize ambition, cooperation, and impact.

Abstract: From Vision to Funding: Mastering the Future EU Financial Landscape

From Vision to Funding: Mastering the Future EU Financial Landscape examines how a strategic MRIE (Mining Regional Innovation Ecosystem) approach can unlock investment and speed up the development of new business models in mining. The presentation emphasizes the importance of mining regions in achieving EU strategic autonomy by enhancing the production, processing, and value creation of Critical Raw Materials (CRM) within Europe. It shows how coordinated utilization of EU and national funding tools can strengthen industrial value chains, increase regional innovation capacity, and de-risk investments. Ultimately, success relies on effectively linking the EU financial landscape with R&I, SMEs, and large industrial players.

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Event time

Starts:   12.5.2026 09:00
Ends:   13.5.2026 15:00

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