Finnish Minerals Group and Beijing Easpring to form JV company to advance €774M CAM plant project
Green Car Congress
JULY 30, 2023
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. The parties have now agreed to set up a joint venture company by the end of 2023, of which Beijing Easpring Material Technology will own 70% and Finnish Minerals Group 30%.
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