26/09/2019

Finnish Minerals Group attends the EU Battery Alliance high-level meeting

The high-level meeting, organised during the Climate Week, is hosted by the Vice-President of the European Commission Maroš Šefčovič. Finnish Minerals Group has been invited to participate in the meeting with ministers and a group of European companies.

CEO Matti Hietanen of Finnish Minerals Group will today participate in the 4th European Battery Alliance high-level meeting in Brussels. The target of the meeting is to take stock of the achievements in developing the European battery value chain and collectively discuss the steps ahead in 2023–2025.

In practice the high-level meeting means preparations for the forecasted surge in European e-mobility in the next few years.

”The ongoing Climate Week has highlighted the importance of industry to take an ambitious action to curb the climate change. It is in the core of our mission in Finnish Minerals Group to participate in creating a battery value chain that provides sustainable high-technology materials for the European market. This will support us in our shift from combustion engine vehicles to electric vehicles, which will help cut the CO2 emissions from transport,” says Matti Hietanen.

Finnish Minerals Group has been closely involved in the European Battery Alliance creating a competitive manufacturing value chain. The alliance is comprised of representatives of key industrial stakeholders, innovation actors, interested EU countries, the European Investment Bank and the European Commission.

According to the Commission’s estimate, Europe could capture a battery market of up to EUR 250 billion a year from 2025 onwards offering also significant investment possibilities.
 

For further information:

Matti Hietanen, CEO, Finnish Minerals Group, +358 40 823 8806, matti.hietanen@mineralsgroup.fi