CNGR Finland, a joint venture established in May 2022, with 60 percent ownership by Chinese CNGR Advanced Material and 40 percent ownership by Suomen Malmijalostus Oy, was granted an environmental permit and a permit to start operations for its battery material factory on Monday morning. The regional administrative agency of Southern Finland, Avi, made this decision after determining that the factory meets the requirements of the Environmental Protection Act, the Waste Act, and the Nature Conservation Act.
Production at the factory is scheduled to begin in the next few years. Thorsten Lahrs, CEO of CNGR Finland, stated that this environmental permit is a significant milestone for them and is critical for establishing a key competence center for the battery industry in the region. The factory will produce approximately 60,000 tons of battery chemicals per year and energy for its own needs.
Avi’s decision includes a permit in accordance with the Water Act and defines emission limit values for waste water and exhaust gases. The precursor of cathodic active material produced at this factory will be used as the main raw material for electric car batteries. There are plans to build a cathode-active material factory in Kotka area and establish a battery cluster in Kotka–Hamina region to implement battery production covering entire value chain. Additionally, CNGR also plans to set up raw material pretreatment and recycling plant in connection with its battery material factory. The appeal period for Avi’s decision ends on March 20, 2024.