Customer story
Strengthening the Finnish battery ecosystem
"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."
Pekka Alisaari, Commercial Director, Nornickel Harjavalta.
Customer story in numbers
15
MILLION €
5
YRS
Funding instrument
Business Finland via EU Resilience and Recovery Fund (RRF)
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 needed for the sustainable production of electric vehicles with a low carbon footprint in Europe.
Key challenges
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.
How we reached the goals
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.
Key takeaways
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. When implemented, the expansion investment will significantly strengthen the growth of the Finnish battery ecosystem, increase business operations and create new jobs in Finland. At the same time, the environmental performance of the production plant will be improved.