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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. The production is planned to start by end of 2026. Finland is an ideal location for our project. —Hans Fredrik Wittusen. Inkoo power plant.

Finland 437
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Stellantis and Terrafame agree on low-carbon nickel sulfate supply for EV batteries

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signed a supply agreement for nickel sulfate to be used in electric vehicle (EV) batteries. Beginning in 2025, Finland-based Terrafame will supply Stellantis with nickel sulfate over the five-year term of the agreement. Stellantis N.V. and Terrafame Ltd.

Supplies 210
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Finnish Minerals Group and FREYR to work together to establish battery cell production in Finland

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Finnish Minerals Group and Norway-based FREYR Battery have signed a Memorandum of Understanding (MoU) to pursue co-operation in implementing a battery cell investment in Finland. One of Finnish Minerals Group’s strategic objectives is to create a sustainable battery value chain in Finland. Earlier post.).

Finland 170
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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.

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Porsche, Customcells plant to start production in 2024 with 100 MWh/year; Si anode, BASF HED NCM cathode

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Porsche and joint venture partner Customcells, a spin-off from Fraunhofer, also announced the launch of production of high-performance battery cells at Porsche’s Weissach Development Center. BASF is the exclusive cell development partner for the next generation lithium-ion battery. Earlier post.). Taycan Turbo S 800-volt system.

Porsche 468
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BASF to build new cathode active materials production site in Schwarzheide

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BASF will build a new battery materials production site in Schwarzheide, Germany, as part of its multi-step investment plan to support the European electric vehicle (EV) value chain. The plant in Schwarzheide will use precursors (PCAM) from BASF’s previously announced plant in Harjavalta, Finland.

Finland 284
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Fortum, BASF, and Nornickel sign cooperation agreement on Li-ion battery recycling

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Fortum, BASF, and Nornickel have signed a letter of intent to plan a Li-ion battery recycling cluster in Harjavalta, Finland, serving the electric vehicle market. This would enable a successful “closed loop” cycle to re-use the critical metals present in used batteries. Earlier post.). Earlier post.).

Li-ion 383