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Norwegian startup Blastr plans €4B green steel plant in Finland

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Norwegian startup Blastr Green Steel is planning to establish a green steel plant with an integrated hydrogen production facility in Inkoo, Finland. Blastr’s project—the green steel plant together with the integrated hydrogen facility—will be among the largest industrial investments in Finland. Inkoo power plant.

Finland 437
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EC approves second major battery innovation project; €2.9B (US$3.5B) from 12 member states

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The European Commission has approved , under EU State aid rules, a second Important Project of Common European Interest (IPCEI) to support research and innovation in the battery value chain. The project complements the first IPCEI in the battery value chain that the Commission approved in December 2019 with €3.2 billion (US$3.5

Batteries 482
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Valmet Automotive sees battery systems as the main growth driver

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Valmet Automotive expects sales from its battery business for electric vehicles (EV) to reach or exceed the level of contract manufacturing of vehicles in just a few years. The growth will focus primarily on the EV Systems business line with its services for the development and manufacture of battery systems.

Finland 210
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EC approves €3.2B public support by 7 Member States for a pan-European battery push

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The European Commission has approved under EU State aid rules an Important Project of Common European interest (IPCEI) jointly notified by Belgium, Finland, France, Germany, Italy, Poland and Sweden to support research and innovation in the common European priority area of batteries. stationary energy storage, power tools, etc.).

Batteries 259
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BASF and Nornickel partner to supply cobalt and nickel battery materials

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BASF and Nornickel have established a strategic cooperation to meet the growing needs for battery materials in electric vehicles. BASF has selected Harjavalta, Finland, as the first location for battery materials production serving the European automotive market. —Kenneth Lane, President, BASF’s Catalysts division.

Supplies 186
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EEA: average CO2 emissions from new cars and new vans in Europe increased in 2018

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According to provisional data published by the European Environment Agency (EEA), the average CO 2 emissions from new passenger cars registered in the European Union (EU) in 2018 increased for the second consecutive year, reaching 120.4 g CO 2 /km in 2018. Vans registered in the EU and Iceland in 2018 emitted on average 158.1

2018 259
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Terrafame to invest €240M in EV battery materials plant; nickel and cobalt sulfates; commercial production in 2021

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The Board of Directors of Terraframe—a Finnish multi-metal company producing nickel, zinc, cobalt and copper—has greenlighted the investment of €240 million in a battery materials plant. Terraframe has signed a contract with Sweco for the detail engineering design of the battery chemicals plant.