CNGR Finland, a joint venture between Chinese CNGR Advanced Material (60%) and Suomen Malmijalostus Oy (40%), has received an environmental permit for the production of approximately 60,000 tons of battery chemicals per year. The factory is located near the port of Hamina and produces the precursor of cathodic active material used in electric car batteries. A significant investment of about 500 million euros has been made in the factory.
The regional administrative agency of Southern Finland, Avi, granted an environmental permit and a permit to start operations to Hamina’s battery material factory on Monday morning. The decision states that the factory’s operation meets the requirements of the Environmental Protection Act, the Waste Act, and the Nature Conservation Act. The factory is expected to begin production in the next few years, according to CNGR Finland. This milestone is significant for the company’s future work.
Despite being granted a permit, Avi’s decision does not require the removal of sulfate from waste water as it is estimated that sulfate emissions will not cause significant environmental pollution or risk when implemented according to the permit. The decision includes a permit in accordance with the Water Act and defines emission limit values for waste water and exhaust gases.
In addition to Hamina’s factory, another factory is planned for Kotka area to produce cathode-active material. The goal of building a battery cluster in Kotka-Hamina region is to implement battery production covering entire value chain. An appeal can be made against Avi’s decision until March 20, 2024 if necessary