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 Finnish battery and mining cluster. 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 responsible future. Are you ready to join the effort?

Highlights

Using Finnish technology to create sustainable value

18.01.2019

According to the fresh report by the Intergovernmental Panel on Climate Change (IPPC), quick measures must be taken to limit global warming to 1.5 degrees. Fortunately, ways to reduce emissions already exist. Global warming can be curbed if investments in low-carbon technologies and new innovations can be increased on a global level. The long-term goal must be to reach a balance between humans’ actions and the Earth’s carrying capacity.

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Any revision of the Finnish Mining Act should be considered carefully

04.01.2019

The end of the year saw widespread public debate on mining policy and near panic about the need to revise the Finnish Mining Act. The debate will likely continue as we head towards the Parliamentary Elections in April. Solutions related to the Mining Act are political decisions, and companies in the industry operate in accordance with the legislation in force from time to time. However, there are certain overlooked aspects related to the matter that should be recognized before any major policy decisions are made.

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Finnish Minerals Group implements previously agreed funding commitments related to Terrafame Ltd

20.12.2018

Terrafame Ltd’s parent company Finnish Minerals Group has allocated EUR 20 million of equity funding to Terrafame from the investm...

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A mine creates long-term well-being for the entire region

10.12.2018

The municipality of Sotkamo has outlined its strategy’s key themes to be growing vitality, the well-being of its inhabitants and a reasonable use of resources. Each of these goals is supported by the utilization of our municipality’s five strong areas: travel, ores, agriculture, forestry and berries. I will now zoom in at ores more closely. Finland’s rich soil and high level of expertise offer an opportunity for long-term and profitable business that has a significant impact on the region’s economy.

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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 a fully electric vehicle requires around 8 kg of lithium, 50 kg of nickel 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 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