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Business

BASF picks Finland for battery materials

by Marc S. Reisch
October 27, 2018 | A version of this story appeared in Volume 96, Issue 43
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A micrograph of cathode battery materials.
Credit: BASF
Cathode particles at 1000× magnification.

BASF will build its first European battery cathode materials plant in Harjavalta, Finland, adjacent to Norilsk Nickel’s nickel and cobalt refinery. Using Norilsk metals supplied under a long-term agreement, BASF will be able to make cathode materials for 300,000 electric vehicles. Last year, BASF said it would spend up to $450 million to build cathode material plants in Europe.

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