Our commentary on the Mining legislation in Finland provides Expert insights on the latest legal information on the granting of mineral rights, the impact of environmental protection and community relations, the effect of climate change legislation and sustainable development initiatives on mining, taxation on mining and exploration, and mining investment and finance.
HPP also provided its expertise on commenting trends and developments of the mining law
As the world attempts to understand new demands, challenges will emerge for the mining industry. The increasing need for electric transport, the use of renewable energy and the storage of electrical energy results in an increased need for battery minerals.
The Finnish Mining Act was recently reformed. The amendments came into force on 1 June 2023.
The amendments aim, for example, to:
- Improve local residents’ opportunities to exert influence and obtain information;
- Give local communities more decision-making power;
- Prevent unnecessarily large reservations;
- Give more consideration to other sources of livelihood and local businesses, including the rights of the Sámi, and environmental aspects;
- Clarify and tighten the regulations on securities; and
- Strengthen national security.
In addition to these aims, the article discusses the EU’s Critical Raw Materials Management Act (CRMA) and the Finnish government’s goals related to sustainable development and recycling.
HPP is one of the leading service providers in the Finnish legal market advising on the full range of legal issues relating to mining operations, as reflected by its ranking as a Tier 1 firm in each year in which leading global law firm directory, Chambers, has issued rankings for the ‘Energy & Natural Resources’ category. HPP also provides domestic and international clients across a range of industry sectors with extensive legal assistance on corporate transactions, business operations and taxation.
Read more about latest trends and developments on Chambers Global Practice Guide Mining
