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.
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Finnish Minerals Group and Epsilon Advanced Materials are looking into building a production plant for almost 50,000 tons of anode material per year in Vaasa, Finland. A feasibility study to analyze the economic and technical feasibility will be launched shortly.
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The Norwegian company Freyr is taking the first steps towards constructing another battery cell factory – this time in Finland. For this, Freyr has signed two non-binding letters of intent with the Finnish Minerals Group and the Finnish city of Vaasa.
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British chemical company Johnson Matthey has announced the construction of a new factory for the production of its nickel-rich eLNO cathode materials. This will be built as part of a strategic partnership with Finnish Minerals Group (FMG) in Finland.
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The Russian mining company Norilsk Nickel – also known as Nornickel – wants to increase production at its nickel refinery in Harjavalta, Finland. Production should increase to 100,000 tonnes per year by 2026 due to the rising demand for battery materials, especially for electric vehicles.
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