Finnish Minerals Group aims to build a leading ecosystem for battery production in Europe. We own, manage and develop companies, an investment programme and technology 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

Greater role for Finland in the transport value chain

17.01.2020

Transport accounts for up to 25% of Europe’s carbon dioxide emissions, writes our guest blogger Antti Vasara, CEO of VTT. Emission-free transport is a common goal for political actors and industry in Finland and the EU.

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Finnish Minerals Group summarises its sustainable development goals

15.01.2020

Sustainable development goals have been summarised in our Responsibility Program based on three themes. The information collected earlier in a stakeholder study was useful for setting the program goals.

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Finnish Minerals Group is gearing up for an environmental impact assessment of battery value chain investments

03.01.2020

Finnish Minerals Group has started the preparations for an EIA procedure for two new plants that would produce precursor and cathode active materials needed in the manufacture of lithium-ion batteries. The EIA procedure will start in winter 2020, when the EIA programme is to be submitted to the coordinating authority.

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Finnish Minerals Group strengthens its team

25.11.2019

Finnish Minerals Group has strengthened its resources in Shanghai and Helsinki. One person will be working for the company in the Asian market. 

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Evolving ecosystem

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.

Finland is the only significant European producer of raw materials for electric vehicle batteries. 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