Fortum, Terrafame launch battery material recycling partnership

Fortum, Terrafame launch battery material recycling partnership

Fortum, Terrafame launch battery material recycling partnership 1024 683 Energy Storage Journal

June 15, 2023: Fortum and Terrafame are partnering up for an experimental battery recycling project, the Finnish companies announced on June 14.

The project aims to use metals that energy company Fortum recovers from lithium ion battery black mass in Terrafame’s battery chemical production.

Operations are set to start this month and the project is expected to span several years.

The partners said fully replacing the mining of primary raw materials, such as nickel and cobalt, with recycled materials was “not possible in the near future”.

However, Tero Holländer, head of the batteries business line at Fortum Battery Recycling, said the partnership aimed to boost sustainability of using Finland’s minerals wealth to develop a domestic batteries industry — and was a step towards “a more self-sufficient European battery manufacturing industry with less need to use imported raw materials”.

Fortum said on April 27 it had started commercial operation of its lithium hydrometallurgical battery material recycling facility in Finland.

The company claimed the plant was the largest in Europe in terms of recycling capacity and can also recover 95% of the valuable and critical metals from battery black mass and reuse them to produce new lithium ion battery chemicals.

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