In a major milestone for the battery industry, Southern Finland’s regional administrative agency, Avi, granted Hama’s battery material factory an environmental permit and a green light on Monday morning. The factory meets the requirements of the Law on Environmental Protection, the Law on Waste and the Law on Nature Protection. Production at the plant is set to begin in the coming years, as announced by CNGR Finland.
CNGR Finland is a joint venture established in May 2022 with 60 percent ownership by China’s CNGR Advanced Material and 40 percent ownership by Suomen Malmijalostus Oi. The environmental permit allows for the production of approximately 60,000 tons of battery chemicals per year and energy for own needs. Avi’s decision includes a permit in accordance with the Law on Water and defines emission limit values for waste water and exhaust gases. The factory will produce a precursor of cathode active material, which is used to make the main raw material for electric car batteries.
In addition to this plant in Kotka, there are plans for another factory in Kotka-Hamina region to implement battery production covering the entire value chain. CNGR also plans to establish a raw material pretreatment and recycling facility in conjunction with its battery material plant before March 20, 2024 deadline ends for appeal Avi’s decision.