Research & development

Our R&D team supports the technological progress of the Finnish mining and battery industry. This is carried out by developing the operations of our portfolio companies as well as other investments. 

Our R&D activities have different ways to develop portfolio companies and the industry at large.  

  • Operational improvement projects develop and improve portfolio company processes as well as take previously learnt process improvement practices to non-portfolio companies.  
  • Research projects, focusing on jointly-funded projects with partners targeting challenges and opportunities in the long-term.  
  • New investment support, supporting new investment diligence, feasibility as well as development through content know-how.  

Additionally, the R&D team is engaged in facilitating work, in which the team builds active dialogue with different associations, communicates with stakeholders, educates stakeholders, and promotes research in the mining and battery industry. 

Long-term cooperation with various networks and communities is required in order to be part of priority-setting in European RDI policy and programs. Finnish Minerals Group is actively involved in industry-relevant communities such as: 

  • EIT RawMaterials, which is one of the Knowledge and Innovation Communities (KICs) of the European Institute of Innovation and Technology. Finnish Minerals Group as an associate partner.

  • European Battery Alliance, which is a cooperative platform with an objective to create a competitive manufacturing value chain in Europe with sustainable battery cells at its core. Finnish Minerals Group as a key stakeholder.

Examples of ongoing projects 

NEMO is the EU H2020 Innovation Action (IA, SC5-14b) project targeting the near-zero-waste recycling of low-grade sulfidic mining waste. NEMO recovers valuable and critical metals and converts the residual mineral fraction in cement, concrete and construction products.  

For Finnish Minerals Group, a key factor in this project is the multi-actor technical approach to improve Terrafame’s existing processes and investigate new opportunities for future products. Technically the project involves heap leaching and metals recovery processes from Terrafame’s flowsheet.  

NEMO is coordinated by VTT, Technical Research Centre of Finland. The project has received funding from the European Union's EU Framework Programme for Research and Innovation Horizon 2020 under Grant Agreement No 776846. The total budget is nearly EUR 15 million.

Nemo website: 

SO4Control is an EIT RawMaterials KAVA Upscaling project focusing on enhancing of leaching performance and innovative sulfate reduction, utilizing advanced membrane technologies combined with an anaerobic bioprocess.  

For Finnish Minerals Group, this project’s importance is twofold: firstly, it provides an important opportunity to boost the operations of our subsidiary Terrafame. Secondly, it is part of our company’s commitment to environmentally and financially sustainable solutions for mining.  

Finnish Minerals Group is the coordinator of this project with partners from Finland, Sweden and Germany. The project receives funding from the European Institute of Innovation and Technology (EIT), a body of the European Union, under the Horizon 2020, the EU Framework Programme for Research and Innovation.