Apr 30, 2025 · HELSINKI, April 29 (Xinhua) -- Chinese and Finnish companies broke ground Tuesday on Finland''s first lithium-ion battery cathode active material (CAM) plant, a project
Apr 29, 2025 · The groundbreaking of Finland''s first lithium-ion battery cathode active material (CAM) plant was celebrated today in Kotka. The event was
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Mar 22, 2025 · Finnish Minerals Group and Beijing Easpring Material Technology have announced the start of construction of a cathode active material (CAM)
Mar 22, 2025 · The Finnish State will also support the initiative by capitalising Finnish Minerals Group with EUR 100 million. "With the Kotka CAM plant, we
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The groundbreaking of Finland’s first lithium-ion battery cathode active material (CAM) plant was celebrated today in Kotka. The event was addressed, among others, by the Finnish Minister of Economic Affairs, the Ambassador of China, and the Chairman of the City Board of Kotka.
The Finnish Minerals Group, which owns 40 percent of the Hamina factory, plans another battery materials plant for nearby Kotka. That facility is to make cathode active material. According to the company, the sites could turn the Kymenlaakso region into one of Europe's largest clusters of battery material plants.
The announcement was made on Wednesday 20 March 2025, marking a major step in the development of Finland’s battery value chain. The plant will produce CAM, a key component in lithium-ion batteries, with an initial capacity of 60,000 tonnes per year. Future expansion is also part of the long-term plan.
The material produced in Kotka will be used by battery manufacturers in Europe and around the world. Dr. Chen Yanbin, Chairman of the Board of Beijing Easpring, and Matti Hietanen, CEO of Finnish Minerals Group, at the groundbreaking ceremony. Picture: City of Kotka.
The permit issued to the company CNGR Finland allows annual production of 60,000 tons of battery chemicals as well as energy production for the facility’s production needs. The factory is to be located adjacent to the port of Hamina, about 150km east of Helsinki.
The CNGR Finland bid drew hundreds of concerned responses last summer. According to the decision, the company must comply with emission restrictions and pay an annual fishery fee. A sign marking land reserved for the planned battery parts factory (file photo). Image: Antro Valo / Yle
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