Finland has a leading sustainable battery ecosystem. It has lots of expertise including mining, refining of minerals, battery chemical and battery production, applications, charging, and recycling. All this is supported by strong process technology and service know-how.
Markku Kivistö, Head of Cleantech at Invest in Finland, Business Finland, points out that Finland is the only EU country where you can find all the key minerals needed to make lithium-ion batteries: cobalt, nickel, lithium, and graphite.
“This laid a solid foundation, years ago for a dynamic circular ecosystem that is stimulated by process excellence and an open collaboration attitude.”
GLOBAL COLLABORATION IS KEY
Finland is creating green solutions to combat climate change, while aiming to be carbon neutral by 2035. Sustainable green batteries present one of these solutions. After all, never before in history has batteries played such a big role in business – or in society in general, for that matter. Fossil fuels are on their way out, zero carbon energy sources are increasing their share together with electrification and storage technologies.
“Finland has a lot to offer in this scenario, because we have – in addition to mineral reserves and their processing – also the zero-carbon electricity available at one of the lowest costs in the EU, together with innovative production technologies to power the future success stories,” says Kivistö.
International collaboration with an EU focus is very important for Finland and the Finnish battery ecosystem. Finland and Finnish companies are participating in Important Projects of Common European Interest (IPCEI) driving forward pan-European research and innovation, covering all segments of the Battery Value Chain. Finland promotes the European battery ecosystem along the principles of Circular Economy and fact based sustainability.
BUILDING LONG TERM SUSTAINABLE BUSINESS ECOSYSTEM
Kivistö is convinced that Finland is holding all the right cards for companies and researchers to build and grow their European businesses long term and build the ecosystem further.
“Finland as a sustainable, green battery innovation nation is ranked high in all relevant international comparisons,” he says, citing top showings in e.g. the Global Innovation Index, Annual Mining Survey and the UN Sustainable Development Report.
“Finland is known for its commitment to innovation. For those companies operating in Finland and considering establishing operations here, Finland offers a stable, transparent, competitive operative environment in Eurozone with a highly educated workforce that is as tech savvy as they come,” says Kivistö.
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