Explore the planned precursor plant via an animation
This short animation illustrates what the planned plant and surrounding harbour area in Hamina will look like when completed.
14. February 2023
The state-of-the-art plant will produce precursor cathode active material (pCAM) with a remarkably low carbon footprint. pCAM is a precursor of the cathode active material that is needed to manufacture lithium-ion batteries.
The plant project is being implemented by CNGR Finland Oy, which was established in 2022 by Finnish Minerals Group and CNGR Advanced Materials Oy (a technology company listed on the Shenzen Stock Exchange). Finnish Minerals Group has a 40 per cent holding in the company.
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. Through our work, we contribute to Europe moving towards electric transport and a more sustainable future. www.mineralsgroup.fi