The mission of Finnish Minerals Group is to responsibly maximise the value of Finnish minerals. We manage the State’s mining industry shareholdings and strive to develop the Finnish value chain of lithium-ion batteries. In addition, we are engaged in long-term technology development of the mining and battery industry. 

Through our work, we contribute to Europe moving towards electric transport and a more sustainable future.


Ferrovan bankruptcy estate sells rights related to Mustavaara mine area


Finnish Minerals Group is a creditor in the Ferrovan Oy bankruptcy.

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Finnish Minerals Group invests EUR 30 million in the battery chemicals plant


The company implements earlier agreed funding commitments related to Terrafame’s battery chemicals plant.

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Greater role for Finland in the transport value chain


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


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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Developing the battery value chain

The demand for lithium-ion batteries and the materials and components needed to produce them is increasing with the proliferation of electric vehicles and new means of energy storage. Finland’s strengths in the ongoing transformation include domestic mineral resources, solid experience in metals processing, high-quality infrastructure, and good availability of emission-free energy. 

Our goal is to identify partners for the development of the Finnish battery value chain, with whom we can establish a new, sustainable industry in Finland as a co-owner. Read more.