CNGR Finland, a joint venture between Chinese CNGR Advanced Material (60%) and Suomen Malmijalostus Oy (40%), received an environmental permit to produce battery chemicals in Hamina, Finland. The factory will produce approximately 60,000 tons of battery chemicals per year and will also generate energy for its production needs. The regional administrative agency of Southern Finland, Avi, granted the permit after determining that the factory’s operation meets the requirements of the Environmental Protection Act, the Waste Act, and the Nature Conservation Act.
Avi’s decision includes a permit under the Water Act and sets emission limit values for waste water and exhaust gases. Despite being granted the permit, sulfate emissions from the factory are not required to be removed as it is estimated that they will not cause significant environmental pollution or risk when implemented according to the permit. The factory is located near the port of Hamina and produces a precursor used in electric car batteries. A significant investment of about 500 million euros has been made in the factory.
In addition to Hamina, CNGR Finland plans to build another factory in Kotka to produce cathode-active material. The goal is to establish a battery production cluster covering the entire value chain in the Kotka-Hamina region. Appeals against Avi’s decision can be made until March 20, 2024.