Dynamic partnerships

Finnish Minerals Group aims to build a leading ecosystem for battery production in Europe. We own, manage and develop companies, an investment programme and R&D projects related to the mining and battery industry in Finland. Responsibly maximising the value of Finnish raw materials is the driving force of our operations. We want to create partnerships that take Europe one step closer to electric mobility and more sustainable future. 

Highlights

The battery value chain and electrification of transport are effective ways of curbing CO2 emissions

14.06.2019

Limiting global warming requires effective measures to reduce greenhouse gas emissions. According to a study commissioned by Finnish Minerals Group, domestic battery cell production is in a position to markedly cut down emissions from transport.

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Finland-based Circular Ecosystem of Battery Metals (BATCircle)

24.05.2019

The BATCircle (Finland-based Circular Ecosystem of Battery Metals) consortium was kicked off a few months ago in Finland. Led by Aalto University, the consortium seeks to strengthen collaboration and Finland’s competitiveness in battery metals-related business and research. Business Finland is funding the consortium with approximately EUR 10 million. The consortium includes 22 companies, 2 cities, 4 universities, and 2 research institutes.

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Finnish Minerals Group is actively seeking ways to promote sustainability

21.05.2019

Finnish Minerals Group wants to promote sustainability in the mining industry and do its part to curb climate change.

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Growing, lucrative opportunities are emerging in the battery value chain

10.05.2019

Developing the value chain for electric car batteries offers substantial economic benefits to the Finnish society. According to a study commissioned by the Finnish Minerals Group, the benefits would be seen as both direct economic impacts and multiplier impacts across different sectors.

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Evolving ecosystem

Finland is the only significant European producer of raw materials for electric vehicle batteries. It is estimated that manufacturing electric vehicle requires around 50 kg of nickel, 8 kg of lithium and 6 kg of cobalt. Due to the increasing demand for electric vehicles and batteries, we can also expect the demand of raw materials to grow. The time to build a leading mining and battery ecosystem is now.

Global production of light vehicles
Global production of light vehicles
Share of electric vehicles of all vehicles sold
Share of electric vehicles of all vehicles sold