Sustainability is a top priority for Valmet Automotive, with a goal to minimize the environmental impact of operations. The battery recycling cooperation now signed with Fortum contributes to the development of a value chain based on circular economy and sustainable development, for which both Fortum and Valmet Automotive received funding this year from the EU battery industry innovation project IPCEI.
Fortum provides world-class recycling and waste management services to complement Valmet Automotive’s sustainable battery production. With their unique and innovative solutions, Fortum can recycle up to 95% of critical metals in lithium-ion battery’s black mass with a low-CO2 process, allowing recovery of lithium, cobalt, manganese and nickel for reuse.
- We are proud to collaborate with Valmet Automotive, a leading service provider for automotive industry. The collaboration enables us to recover raw materials from the battery production process in the most sustainable way, allowing for critical metals to be fed back into Finland’s battery value chain to create new EV batteries, says Tero Holländer, Head of Business Line Batteries, Fortum.
- We consider it as part of our corporate responsibility and an essential part of our commitment to sustainable production that we not only produce the batteries in a CO2 neutral way, but that we also take care of the best possible solutions for recycling the batteries. In Fortum we have found an excellent partner for this, says Olaf Bongwald, CEO, Valmet Automotive.
www.valmet-automotive.com
Facebook LinkedIn Twitter YouTube