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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, the CEO of FREYR.

Global 221
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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. Sokli mining project.

Finland 186
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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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Sibanye-Stillwater to achieve majority shareholding in Keliber; seeks to increase shareholding further to 80%

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Keliber is a Finnish mining and battery chemical company which owns the Keliber project, an advanced lithium hydroxide project located in the Kaustinen region of Finland which intends to sustainably produce battery grade lithium hydroxide utilizing its own ore. Earlier post.). —Neal Froneman, CEO of Sibanye-Stillwater.

Finland 186
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Stora Enso’s pilot plant for producing lignin-based carbon materials for batteries now operational

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The global battery market is projected to grow tenfold over the next decade as battery producers seek more sustainable materials for the electrification of mobility. With Lignode, we can provide a bio-based, cost-competitive and high-performance material to replace the conventionally used graphite. Stora Enso Lignode carbon powder.

Carbon 221
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Vanadium Recovery Project targeting significant increase in vanadium production in Europe with low emissions

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The hydrometallurgical leaching process path has significant operational, cost and risk advantages over the traditional pyrometallurgical (salt-roast) process route. Currently, approximately 75% of global vanadium supply is sourced from China, South Africa, and Russia.

Europe 243
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EU investing €1.8B in 17 large-scale clean tech projects

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Grants will be disbursed from the Innovation Fund to help bring technologies to the market in energy-intensive industries, hydrogen, renewable energy, carbon capture and storage infrastructure, and manufacturing of key components for energy storage and renewables. residue streams, renewable hydrogen and biogas to methanol.

Clean 334