Terrafame plans to build EV battery material plant in Finland

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Plant expected to be completed by end of 2020, with commercial production commencing at start of 2021

Finland-based Terrafame is planning to build an electric vehicle (EV) battery material plant in Sotkamo, Finland, the company announced in a press release on 25 October. Terrafame will invest around EUR240 million (USD274 million) in the new plant.

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