Finnish Minerals Group and Norway-based FREYR Battery have signed a Memorandum of Understanding (MoU) to pursue co-operation in implementing a battery cell investment in Finland. The parties will be identifying co-operation and business models, and technological implementation options for the plant, as well as evaluating the possibility of establishing the.
Battery materials plants planned in both Kotka and Hamina yle.fi - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yle.fi Daily Mail and Mail on Sunday newspapers.
The Investing News Network looks at the geological landscape for cobalt in Europe, the region’s refining capabilities and what’s ahead.
As interest in electric vehicles (EVs) continues to pick up pace around the world, the question of supply for key raw materials such as cobalt remains.
Like other regions, Europe is taking steps to build its own EV supply chain or take as much control of it as it can. From producing actual EVs to getting battery megafactories up and running, the region is pushing forward with its green agenda.
Here the Investing News Network (INN) looks at the geological landscape for cobalt in Europe, its refining capabilities and the next steps for the area in terms of the critical metal.
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19 April 2021 | 07:52am
StockMarketWire.com - Chemicals company Johnson Matthey said it had entered into a partnership with Finnish Minerals to establish a second battery materials plant in Finland and secured raw materials supply from Nornickle and SQM.
Under the partnership, Finnish Minerals will invest to co-develop with Johnson Matthey a solution to treat sodium sulphate - a common manufacturing by-product - and also invest in the pre-treatment technology of nickel and cobalt sulphates to tailor the materials to the requirements of high nickel cathode materials.
The company said it expected to start construction on its second plant in Finland, with nameplate capacity of 30,000 tonnes, later this year.