Betolar’s followers are sleeping or don’t exist a press release came out this morning:
Press Releases
Betolar’s new metal separation technology to support Anglo American’s commitment to promoting the circular economy
4.7.2025
Betolar Plc
Press Release
4.7.2025 at 8:15 a.m.
Betolar’s new metal separation technology to support Anglo American’s commitment to promoting the circular economy
Betolar and Anglo American are starting commercial cooperation utilizing Betolar’s metal separation technology and green cement production in the Sakatti Cu-Ni polymetallic deposit project in Sodankylä, Finland. Anglo American’s goal is to establish a low-waste mine in Sodankylä utilizing circular economy solutions.
The utilization of metal separation technology is getting started. This happened at least faster than my own predictions, and with this phase in mind, I have been following Betolar. I only have an insignificant monitoring position in shares, so that I don’t forget the company, but now it seems I’ll have to plan additions to my portfolio.
Same here… surprised how quickly this first contract came. The reference value is indeed significant, as Tommi commented. Anglo probably has quite a few mines in total… more contracts?
But this proves that Betolar’s technology works and customers want to use it. Would the next contract come a bit further south in Northern Finland and be double?
Commercial collaboration can be considered a step forward in terms of commercializing the new method, but I wouldn’t speak of a breakthrough based on current information. A customer/collaboration reference is certainly significant. We will surely get more information at the Q2 webcast in a couple of weeks.
Here are Tommi’s preview comments as Betolar releases its H1 results on Thursday.
We expect revenue to have remained in growth, but still at an absolutely low level. We expect losses to continue their downward trend. At the current pace, we expect Betolar’s cash to be sufficient until the beginning of 2027, which means financing needs will arise relatively soon. With this in mind, further evidence of commercialization progress or the achievement of promises related to Betolar’s new technology would be important already in the short term. In connection with the preview, we made a 0.2 MEUR revision to the cost structure forecasts, which had a corresponding negative impact on our H1 EBITDA forecast.
Betolar published its H1’25 report this morning. Revenue and profitability were largely in line with our expectations, and there were no surprises in the balance sheet situation either. The guidance was also reiterated, which means short-term forecast revision pressures are initially low. In Betolar’s webcast presentation starting at 10 AM, the focus will be on additional information related to the first customer announced concerning the new production method.
Mikael interviewed CEO Tuija Kalpalaa regarding H1.
Topics:
00:00 Introduction
00:12 Significance of the new customer relationship for Betolar
01:30 First phase of the project has started
02:10 Who is the new solution sold to?
03:05 Drivers behind revenue and order growth
04:16 Outlook and focus areas for the rest of the year
04:43 Financial situation
Closed mines mentioned in the video. Earlier on this forum, I already mentioned the Outokumpu Lampinsaari mine. Zinc, copper, lead, gold, and silver were produced there.
The mine was opened in 1954 and closed in 1992. In the 1970s, radon concentrations emerged, and after research, it was found that this was due to uranium and phosphorus deposits.
Copy:
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Based on studies, uranium and phosphorus mineralizations were revealed as the source of radon. In the 1985 estimate, they were found to be 2.59 million tons, with an average of 280 ppm U and 3.18% P2O5. They had no positive economic significance.
Maximum concentrations in conventional drill core samples were 0.15% uranium and 20% phosphorus mineral.
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The average uranium concentration is thus 0.028%. Terrafame mines and produces uranium as a byproduct, being the only operator in Europe. There, the concentration is 0.0017%. So, Lampinsaari’s concentration is higher.
Considering that in Lampinsaari there is no need to establish a mine or excavate, as the raw material is already accumulated in the waste area as tailings, it could be assumed that the recovery of main metals, uranium, and phosphorus using Betolar’s method would be profitable.
The size of the waste area in Lampinsaari is 13.7 Mt. Metals collected over nearly 40 years, already piled up for utilization. And from the rest, of course, that green cement.
Outokumpu and Terrafame could be considered as partners here. The state should be involved in environmental efforts in some way. Doesn’t Outokumpu own that pile of metal? There could be quite good amounts of metal in the older parts of that waste area.
Edit:
And naturally, let’s not forget other mines. For example, the Pyhäsalmi and Nivala mines. Both of these are quite close to the Lampinsaari mine. The waste area of the Pyhäsalmi mine is, as I understand it, considerably larger than Lampinsaari’s.
We reiterate our target price of 1.2 euros for Betolar and our Reduce recommendation. The overall picture of the half-year report was, in our opinion, quite neutral, with the main lines being roughly in line with our forecasts and orders received returning to growth. We made revisions to our cost structure forecasts for the coming years, but from an overall perspective, the changes remained minor. Betolar’s new production innovation increases growth potential with the turn of the decade in mind, but risks related to achieving the potential and the financing situation make the risk-return ratio, in our opinion, unimpressive.
Betolar’s technology would be in great use and demand. Those parties making complaints could also present constructive proposals and even demand that new technology be adopted, now that it is available.
Betolar Develops Low-Carbon Mine Backfill Solution for Mandalay Resources and Enters Australia’s Leading Mining Markets
Canadian mining company Mandalay Resources and Betolar have signed a commercial agreement to develop a cement-replacing mine backfill solution for the Costerfield gold-antimony mine in Australia.
Australia is one of the world’s most significant mining countries, with nearly 60% of its export value derived from mineral exports. Consequently, the demands for cost-effective and advanced technological solutions, as well as sustainability in mining operations, are remarkably high.
Betolar and Consolis Parma have jointly developed at least low-emission hollow-core slabs.
So why wouldn’t they also use the same manufacturing method in the foundations of a high-voltage line.
According to Parma, this high-voltage line will be 117km long and will utilize almost a thousand low-carbon concrete elements, for the manufacturing of which over two million kilograms of low-carbon concrete will be used.
This X post from Tomi Lahti, with screenshots from Keskisuomalainen, states that at least the CEO does not recognize the project as being based on Betolar’s recipes. It’s good that low-carbon solutions are still being implemented on this scale.
A doctoral dissertation at the university on the recovery of vanadium from steel mill slag. At the same time, the researcher developed a process for this.
How about Betolar? Is vanadium among the ten metals that can currently be recovered using Betolar’s method?
Betolar and Jetcrete Accelerate the Adoption of Low-Carbon Shotcrete in Australia
Betolar and Jetcrete, a leading Australian mining services provider, have signed a non-binding Memorandum of Understanding (MoU) to accelerate the commercialization of low-carbon shotcrete solutions in the Australian mining industry.
Betolar and Nordkalk Collaborate to Commercialize Circular Calcite Based on Mining Waste
Betolar Oyj and leading limestone company Nordkalk Oy Ab have initiated a joint research project aimed at increasing the utilization possibilities of a by-product based on mining waste, circular calcite, at Nordk
Here are also Tommi’s comments regarding this fresh news.
Betolar announced this morning that it would start a joint research project with the limestone company Nordkalk. The project’s goal is to commercialize a byproduct based on mining waste, circular calcite, at Nordkalk’s Lappeenranta production facility. The immediate financial significance of the cooperation depends on the cooperation progressing to a later stage, meaning the announcement has no immediate impact on our forecasts.
a press release came out this morning:
