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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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Volkswagen global EV production network grows with launch of second German site in Emden

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Volkswagen is expanding its global production network for electric vehicles by now starting to make the all-electric ID.4 The Group is also investing in Braunschweig, Salzgitter and Kassel, among other things in further expansion of the existing MEB production of battery systems, rotors/stators and electric motors. 4 in Emden.

Global 435
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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.

Finland 186
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Umicore inaugurates CAM plant in Poland; complete battery materials value chain in Europe

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This makes Umicore the first company in Europe with a complete circular and sustainable battery materials value chain. With this gigafactory, Umicore is leading the way in battery materials in Europe offering key ingredients for a responsible and sustainable value chain for electric transport.

Poland 273
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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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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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Valmet Automotive starts EV battery pack production in Salo

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Valmet Automotive has started the production of EV battery packs in its new plant in Salo, Finland. The battery plant project has progressed on schedule, and with the ramp up of production volumes, Valmet Automotive will continue recruiting more employees to the Salo plant.