Nornickel: Strengthening the Finnish battery ecosystem
The project of Nornickel Harjavalta, a refiner of nickel metals and chemicals, aims to increase the production capacity of nickel in Finland. This will help to meet the growing demand for battery materials.
€15 m
in funding
5
years
Key numbers
About the project
The expansion project, aiming to increase the production capacity of nickel in Finland, will help meet the growing demand for battery materials needed for the sustainable production of electric vehicles with a low carbon footprint in Europe.
Impact of the project:
The investment will help the company to raise their annual production capacity of nickel for metal and chemical products from 65,000 tonnes in 2023 to more than 100,000 tonnes in 2026. The expansion investment is expected to strengthen the growth of the Finnish battery ecosystem.
Funding instrument Business Finland via RRF

Spinverse’s role
Spinverse experts helped to form a coherent project entity and identify the relevant topics that corresponded to the requirements and framework of the Business Finland funding call.
According to Alisaari, Spinverse played a big role in finding the key topics for the project whilst providing strong support. Spinverse experts also sparred the Nornickel Harjavalta team during the application process.
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We were impressed by the broad expertise of the Spinverse team. Spinverse did not only demonstrate strong expertise on the technicalities of the funding application, but also provided support on the financial aspects and processes.
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