Battery Business Developments in Finland


Finnish Terrafame and German BASF have announced that both of them will be building battery material plants to Finland. BASF will build a cathode material production plant to Harjavalta and Terrafame a battery chemical factory to Sotkamo. Both investments should account over €100 million.

Finnish Keliber is also applying for an environment permit for spodumene pegmatite ore mine that they would be building in cooperation with Outotec. The mine’s raw material would be used in a to be built refinery and chemical plant to produce battery grade lithium carbonate.

Business Finland, among others, is interested to develop the Finnish battery business field even further and attract investments. (Sources: Tekniikka & Talous, 26.4.2018 & 26.10.2018)

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