trending Market Intelligence /marketintelligence/en/news-insights/trending/Y5OxjqSw3sjT9ErxYSIzjA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Fortum to acquire 100% of Finnish battery-metal recycling specialist

客户案例:跨国公用事业公司有效增强对新客户信用风险的认知

S&P podcast - Coronavirus pandemic, oil price crash shake up energy sector

Case Study: A Utility Company Efficiently Sharpens Its Focus on the Credit Risk of New Customers

Energy Evolution Podcast

Energy Evolution Why solar energy could get even cheaper


Fortum to acquire 100% of Finnish battery-metal recycling specialist

Fortum Oyj is acquiring 100% shareholding in CrisolteQ Oy, a Finnish specialist in recycling of valuable metals in lithium-ion batteries, for an undisclosed price.

The acquisition will strengthen Fortum's position in the recycling of high-value materials within Europe and will support its existing battery business, according to a Jan. 16 release.

CrisolteQ has a hydrometallurgical recycling process that enables a recycling rate of more than 80% for lithium-ion batteries, compared to the current recycling rate of about 50%.

Materials such as cobalt, manganese and nickel are recovered from the batteries, and delivered to a battery manufacturer to be used for the production of new batteries.

"The recycling of valuable metals decreases the environmental load of electric vehicle batteries by reducing the need to excavate valuable metals," said Kalle Saarimaa, Fortum vice president of recycling and waste.

CrisolteQ has an industrial-scale hydrometallurgical recycling facility, along with a production plant, as well as research and development activities, in Finland.