Finnish Nickel Producer Aims To Tap Electric Vehicle Boom

www.oann.com | 11/10/2017 | Staff
HELSINKI (Reuters) – Finland’s Terrafame nickel mine is planning to start producing material for electric vehicle batteries by 2020, the company said on Friday.

The mine, formerly known as Talvivaara, has been under government control since 2015 after years of losses and production problems. It returned to profit last year and commodities trader Trafigura agreed in February to take a stake and help to ramp up production.

Terrafame - Chemical - Plant - Form - Sulfate

Terrafame said it plans to build a new chemical plant by 2020, which would convert nickel into a valuable form of sulfate, a powder-like substance particularly suited for use in batteries.

Lithium batteries, which keep a charge over longer...
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