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Finnish Minerals and Beijing Easpring plans for joint cathode materials production

Finnish Minerals and Beijing Easpring plans for joint cathode materials production
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Historic investment in battery cell plant to create thousands of jobs in Kotka, Finland

Finnish Minerals Group on Wednesday revealed it has signed a letter of intent for building a battery cell production plant with an estimated value of 2.5–4.0 billion euros in Kotka, Southern Finland.

Finnish Minerals Group signs MoU on new plant

Finnish Minerals Group has signed a Memorandum of Understanding (MoU) with a potential partner for the cell production plant project. An environmental impact assessment for two variants with 27 or 40 GWh production capacity will follow. The Finnish company is not disclosing which company the potential partner is. The next…

EU Critical Raw Materials Act welcomed by battery industry experts

Read more about how the Critical Raw Materials Act (CRMA) proposed by the European Commission has been welcomed by stakeholders familiar with the nascent European battery ecosystem as a step toward achieving a sustainable and reliable supply of materials vital to the region’s ambitious energy transition goals

Proposed Finnish LFP cathode plant expands Europe s battery value chain

Read more on the news that mining company Finnish Minerals Group and battery cell manufacturer Freyr Battery will explore the possibility of producing LFP cathode material comes as competition with Asia to bring the battery value chain to Europe intensifies

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