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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. It manages the State’s mining industry shareholdings and strive to develop the Finnish value chain of lithium-ion batteries.

Companies 195
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Wärtsilä Power-to-X project gets €1M in government support

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The technology group Wärtsilä has been granted €1 million in funding by Business Finland, a state-run public agency for funding important research projects, to support research in the field of Power-to-X (P2X) technology.

Power 365
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Veolia launches largest project to produce bio-methanol from pulp mill waste

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Veolia has been a major supplier to the pulp and paper industry since the 1960s for HPD black liquor evaporation systems. The Veolia black liquor evaporation systems for the pulp and paper industry feature methanol rectification and handling systems, among other characteristics. Metsä Fibre’s Äänekoski plant.

Waste 403
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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

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The VRP won’t have any waste streams and will set a new precedent for circular economy practices in metals processing. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia. The Vanadium Recovery Project (VRP) is targeting a 1.5

Europe 243
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BASF breaks ground for cathode active materials production plant in Schwarzheide, Germany

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The new plant is part of BASF’s multi-step investment plan in the European battery materials market and will use precursors (PCAM) from the company’s previously announced plant in Harjavalta, Finland. This is even more critical as we seek to jumpstart our economies, while accelerating the green transition.

Germany 243
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JATO Dynamics: in decline of Euro new car market, electrified vehicles increase share to almost 13%

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The situation is rapidly deteriorating in Europe due to complex regulation, lack of available homologated cars, and increasing pressure on the economy. —Felipe Munoz, global analyst at JATO Dynamics. Against this negative backdrop, electrified vehicles (HEVs, PHEVs and BEVs) were once again the outlier in the industry.

Market 221