The mining and minerals sector has been important in both Sweden and Finland for a long time, and will remain important for the foreseeable future. It should continue to offer great opportunities for global mining companies, especially those that can come to grips with the region’s evolving regulatory frameworks.
The mining industry can look back to a long history in Finland and Sweden. But it can also look forward to a bright and modern future.
“Clients report a ‘very responsive and committed’ service that ‘balances out the risks without killing the deal.’”
– Legal 500 (Real Estate & Construction)Traditionally known for its deposits of iron ore (Sweden is by far the EU’s biggest producer) as well as gold, silver, chrome, copper, zinc, lead and nickel, for example, the region is also rich in the rare earth metals vital to high-tech companies. It is blessed with good infrastructure, political stability and clear regulations policed by transparent regulators. Both countries’ governments have expressed a determination to invest in the sector, backing research, encouraging socially and environmentally responsible mining, and building infrastructure.
It’s no wonder, then, that the region is attracting more interest than ever from the global mining and minerals powerhouses.
Roschier, too, has a long history of working in the sector. The firm has considerable experience in prospecting rights, registration work and assisting mining companies with day-to-day legal advice. But where it really comes into its own is in major transactions – M&A, capital markets, finance and structuring. Long-standing experience in the industry combines with heavyweight corporate capacities to help deals move smoothly.
Meanwhile, Roschier’s offices in Finland and Sweden make for easy coordination of work across these important mining jurisdictions.
And with new legislation recently having come into force in Finland, Roschier’s lawyers can also help steer clients new to the region through any potential problems and pitfalls. In particular, certain key issues relating to property, land use and environmental law remain open to interpretation. So companies establishing or taking over operations in the country need to act with particular care.