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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Fortum, BASF and Nornickel have signed a letter of intent to establish a battery recycling cluster to serve the electric vehicle market. The aim is to create a closed loop for the reuse of the critical metals contained in spent batteries.
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BASF has now officially selected Harjavalta in Finland as their first location to manufacture battery materials for the European automobile market. The facility will be built nearby the refinery belonging to Russian mining company Norilsk Nickel (Nornickel).
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