Nornickel To Supply Nickel, Cobalt To Johnson Matthey For Battery Materials: Report

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  • It said that it would boost output of nickel products at its Harjavalta refinery in Finland
  • Johnson Matthey said it would partner with Finland’s state mining investment firm Finnish Minerals Group to locate a second commercial plant for cathode materials with capacity of 30,000 tonnes in Finland

As per a report by Reuters, Russian metals producer Nornickel said that it had signed a long-term agreement to supply nickel and cobalt to chemicals company Johnson Matthey to produce materials used to make electric vehicle (EV) batteries. It said that it would boost output of nickel products at its Harjavalta refinery in Finland.

Nornickel said in a statement that Harjavalta’s products “will be playing an important role in satisfying Johnson Matthey’s requirements for its precursor and cathode active materials production in Finland as well as for its existing factory in Poland,”added the report.

Locate a second commercial plant for cathode materials with capacity of 30,000 tonnes in Finland

Johnson Matthey said it would partner with Finland’s state mining investment firm Finnish Minerals Group to locate a second commercial plant for cathode materials with capacity of 30,000 tonnes in Finland. The report added that Nornickel and Johnson Matthey also agreed to explore options to expand the supply of nickel and cobalt in the future and to collaborate in other parts of the battery materials value chain. This includes new metal dissolution technology and tokenisation of the supply chain using blockchain technology, the company said.

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