Environmental permit approved for the Hamina pCAM plant

The Regional State Administrative Agency for Southern Finland granted an environmental permit for the battery material plant that is planned for Hamina by our associated company CNGR Finland. This is a major advancement in the EUR 500 million capital expenditure project. On an annual basis, the plant will produce 60,000 tons of precursor material (pCAM) for electric vehicle batteries.

“The decision is in line with our expectations, and obtaining the environmental permit is a major milestone for us moving forward. The region is seeing the emergence of a major centre of expertise for the battery industry, which will have a positive impact on the economy and employment,” says Thorsten Lahrs, CEO of CNGR Finland.

CNGR Finland's goal is to build a state-of-the-art production plant that utilises the latest technology in the industry. The priority procedure for permits for green transition projects was applied to this project.

In its decision, the Regional State Administrative Agency states that the planned operations meet the requirements set for such activities in the Environmental Protection Act, the Waste Act and the decrees issued under them, as well as the requirements laid down in the Nature Conservation Act and the provisions issued under it.
 

For more information:

Thorsten Lahrs, CEO, CNGR Finland Oy
firstname.surname(at)cngr.fi, +358 50 302 7895

Matti Hietanen, CEO, Finnish Minerals Group,
firstname.surname(at)mineralsgroup.fi, +358 40 823 8806

Timo Strengell, SVP, Battery Value Chain, Finnish Minerals Group,
firstname.surname(at)mineralsgroup.fi, +358 40 738 4860

The mission of Finnish Minerals Group is to responsibly maximise the value of Finnish minerals. We manage the State’s mining industry shareholdings and strive to develop the Finnish value chain of lithium-ion batteries. Through our work, we contribute to Europe moving towards electric transport and a more sustainable future. www.mineralsgroup.fi

CNGR Finland Oy is a joint venture established in May 2022, of which CNGR Advanced Material (SZSE), a company listed on the Shenzhen Stock Exchange, owns 60% and Finnish Minerals Group 40%. CNGR Advanced Material is a technology company for smart and green industry and an expert supplier of lithium-ion battery materials. Powered by a high-performing R&D organisation, it is the world’s leading manufacturer of lithium-ion battery cathode precursors. www.cngr.fi