Finnish
Minerals
Group
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
Finland has all it takes to become a top country in mining and batteries
18.07.2019
Prime Minister Antti Rinne’s programme entails changes in the regulation and taxation of mining operations. The possibilities brought forth by the battery value chain call for further discussions.
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The mining industry can support the building of a responsible world
28.06.2019
The first half of 2019 is coming to an end, so now is a good time to take a look back. Much has happened in the mining industry, and it still has more to give in the area of responsibility.
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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.
Read moreEvolving 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
Share of electric vehicles of all vehicles sold
