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

EUROPE’S FIRST SILVER MINE TO BE OPENED IN SOTKAMO

15.03.2019

The concentrate production of Sotkamo Silver Mine will begin in March, after a determined development period that was started in 2010. Nearly 40 years will have passed since the discovery of the silver deposit in Taivaljärvi upon the start of the concentrate deliveries. Sotkamo Silver Mine is the first of its kind in Finland.

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Electrification of transportation opens up new opportunities for Finland

01.03.2019

Finland’s economic success requires that we are able to develop solutions to global challenges that are both sustainable and commercially viable. We are able to advance the electrification of transportation by developing the battery production value chain.

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Finnish Minerals Group strengthens its investment in battery minerals and becomes Keliber Oy’s largest owner

15.02.2019

Finnish Minerals Group is making further investments into developing the Finnish mining industry and the value chain of lithium-ion batteries with a significant participation in Keliber Oy’s share issue.

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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