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FREYR Battery awarded $3B, 31 GWh inaugural offtake agreement with leading global ESS provider

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FREYR Battery, a developer of clean, next-generation battery cell production capacity, has executed its inaugural offtake agreement for at least 31 GWh of low-carbon battery cells with an undisclosed, leading global publicly listed manufacturer and provider of energy storage systems (ESS). —Tom Jensen.

Global 221
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Finnish Minerals Group & FREYR Battery collaborate to develop LFP cathode materials plant in Finland

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Finnish Minerals Group, a mining and battery industry development and investment company, and FREYR Battery will cooperate to assess the feasibility of establishing an LFP cathode material plant in the city of Vaasa. Sokli’s mineral resources are globally significant. Sokli mining project.

Finland 186
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PGM leader Sibanye-Stillwater enters battery metals sector through a partnership with and investment in lithium miner Keliber

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Keliber’s wholly owned, advanced lithium project, the Keliber project, is located in Kaustinen, Kokkola and Kruunupyy municipalities in Finland, which are among the most significant lithium-bearing areas in Europe. Based on assessments by Geological Survey of Finland, there are good indications of further ore potential in the region.

Finland 243
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Stora Enso’s pilot plant for producing lignin-based carbon materials for batteries now operational

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Pilot production of Lignode by Stora Enso, wood-based carbon for batteries, is currently being ramped up. The global battery market is projected to grow tenfold over the next decade as battery producers seek more sustainable materials for the electrification of mobility. Stora Enso Lignode carbon powder.

Carbon 221
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Finnish Minerals Group increases its holding in the Keliber lithium project

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The laying of the earthworks for the Keliber lithium refinery (first phase of the project) in Kokkola, Finland began on 7 March 2023 with the foundation stone planned to be laid during a ceremony on 11 May 2023. Keliber is an advanced lithium project, located in Kaustinen and Kokkola, Finland.

Finland 210
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Finnish Minerals Group and Beijing Easpring to form JV company to advance €774M CAM plant project

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In November 2021, Finnish Minerals Group announced that it was negotiating with China-based Beijing Easpring Material Technology on the possibility to establish a cathode active materials (CAM) plant in Kotka, Finland. Battery material plants located close to each other have a good chance of benefiting from one another.

Companies 195
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FREYR Battery opens technology resources campus and business unit in Japan

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FREYR Battery, a developer of clean, next-generation battery cell production capacity, has established a technology resources campus and business unit in Japan. Japan is a global center for battery development, and consequently home to some of the most experienced and capable lithium-ion battery cell experts in the world.

Japan 150