Raw material suppliers join Finland battery factory project – by Mariaan Webb (MiningWeekly.com – April 25, 2018)


JOHANNESBURG (miningweekly.com) – Five companies that can supply essential raw materials for an emerging battery industry in Finland have joined a cooperation network that aims to obtain international investment in the battery cluster.

The cooperation network includes the cities of Vaasa and Kokkola, Freeport Cobalt, the world’s largest cobalt refinery and producer of battery chemicals, Norilsk Nickel, the producer of nickel metals and nickel chemicals in Harjavalta, Terrafame Group, the parent company of Terrafame producing nickel, zinc, cobalt and copper in Sotkamo, Keliber, which is preparing to start lithium production in Kaustinen and Kokkola, as well as Beowulf Mining, the owner of a graphite deposit in Heinävesi.

Kokkola Industrial Park, in Kokkola, is home to Freeport Cobalt’s cobalt refinery and Keliber’s lithium refining chemical plant will also be located there.

The network was established as an initiative of Vaasa, which has set aside a large area of “several hundred hectares” for battery factories.

“During the year, several new battery factory projects have been launched in the world. We are having discussions with American, Asian and European battery manufacturers. Demand for batteries will continue to grow, especially around applications like local energy storage solutions and traffic.

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