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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.

Finland 437
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Neste to offer public electric vehicles charging service at its stations in Finland

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Neste is introducing public high power charging (HPC) at its service stations in Finland for light- and medium-duty electric vehicles. Neste MY Renewable Charging adds another option to Neste’s portfolio of solutions in Finland for supporting the transition to low-emission transport.

Finland 344
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Valmet Automotive starts series production at Kirchardt battery plant

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Valmet Automotive has started the series production of battery systems in Kirchardt, the Finnish company’s first battery plant in Germany. The current first program for the Kirchardt plant is a small-series production of modules, packs and the battery management system (BMS) for the PHEV version of an exclusive sports car brand.

Batteries 273
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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
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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.

Finland 186
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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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Frost & Sullivan: Li-ion battery materials market to reach $51.60B by 2027 from $18.75B in 2020; 15.6% CAGR

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Frost & Sullivan projects that the global Li-ion battery materials market will reach $51.60 The advancements in battery chemistries and technologies, upsurge in electric vehicle (EV) sales, evolving regulatory scenario, and increasing consumer preferences toward EVs are expediting market growth worldwide.

Li-ion 170