Nordea divests Nordic Mining stocks over environmental concerns

Keliber Oy in Finland (Nordic Mining holds 12% of the shares) targets to be the first European producer of high-grade lithium hydroxide for the fast-growing battery industry. (Credit: Finnish Minerals Group)

Funds managed by Nordea have sold their shares in Norway’s Nordic Mining due to concerns over the planned handling of residue from the company’s mine, financial news website E24 reported on Wednesday, citing a Nordea executive.

(By Terje Solsvik; Editing by Stine Jacobsen)

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