UIB Supports the Sustainable Production of Battery Metals
THE OPERATION
Kuniko is an Australian ASX-listed company based in Norway with a focus on exploring and developing essential battery metals such as nickel, copper, cobalt, and lithium. They aspire to be the frontrunner in producing sustainable, net-zero carbon battery metals, and they aim to ensure that the future of mining activities aligns with the global climate objectives whilst supporting the growing demand for battery metals in European battery manufacturing.
Kuniko is a unique organisation as they are an explorer that is vertically integrated within the European battery value chain through the ownership of Vulcan Energy Resources Ltd and Stellantis. Vulcan owns the world’s first Zero Carbon Lithium™ Project in Germany, and Stellantis is the third largest automaker in the world.
HOW UIB’S COVERAGE SUPPORTS KUNIKO’S OBJECTIVES
Being a young and evolving company, Kuniko needed an insurance broker to provide dynamic and evolving coverage that could adapt to their changing needs to align with their risk management strategy as the company grows. Whilst establishing their mineral explorations in the Nordic region, Kuniko approached UIB Nordic AB because they were seeking an insurance provider that could offer local expertise with a thorough knowledge of the mining industry.
UIB supports various stages of Kuniko’s mining business, from the planning and exploration of a project, through to the construction and execution, and into the full operational phases, with solutions that are not only fit-for-purpose but accompanied by exceptional service and competitive pricing.
“Their proactive service and extensive global and local networks are precisely what we need to support our growing operations, which made choosing UIB a straightforward decision.”
Antony Beckmand, CEO of Kuniko Norway AS
UIB’S CUSTOMER SERVICE
UIB ensures that its customer service and dedication to clients is always second to none. This has been demonstrated through a previous incident where a crucial piece of Kuniko’s machinery was shipped uninsured. UIB sprang into action outside of working hours and rapidly coordinated with contacts to secure coverage within 24 hours ensuring that there were no losses, and the risk was efficiently mitigated to allow Kuniko’s project to continue to run smoothly.
Contact the team to discover more about how we can help safeguard your business.
