Shanshan Co., Ltd. 600884 SH has made new progress in Finland s 100,000 ton integrated project

Mondo Social Updated on 2024-01-29

On December 15, Shanghai Shanshan Lithium Battery Materials Technology Co., Ltd. held a press conference in Finland, announcing that the reserved land for Shanshan's plan to build a lithium-ion battery anode material factory in the Gig**Aasa area has been approved by the Public Affairs Committee of the city of Korsholm, Finland.

The plot is numbered 3019 and has an area of about 525 hectares, the company plans to build a production base with an annual production capacity of 100,000 tons, which will produce anode materials for lithium-ion batteries based on artificial graphite.

During the reservation period, Shanshan will begin preparations for the Environmental Impact Assessment (EIA) in order to start the EIA process as soon as possible. When fully operational, the plant is expected to create more than 1,000 jobs.

The mayor of Korsholm, Rurik Ahlberg, said the land reserved for construction was the beginning of a further project that would renew Finland's existing industries. Obviously, this is a historic moment for our region and for Finland as a whole. From now on, Shanshan will do its best to do a good job in environmental impact assessment and meet all environmental requirements. This will be the first plant of its kind in Finland and there is still a long way to go.

The mayor of Vaasa, Tomas H Yry, said that in order to create the most sustainable battery manufacturing region, the local government has done systematic work to maximize synergies between different players and strive to be attractive to all players in the battery industry.

Ding Xiaoyang, general manager of Shanshan Technology, pointed out that the company's goal is to achieve a comprehensive transition to clean energy. The production base will eventually be located in the Vaasa area, and will produce 100,000 tons of lithium-ion battery anode materials per year, which can meet the demand for anode materials in the European market. 100,000 tons of anode material can produce about 100GWh of batteries, which corresponds to the demand of about 1.5 million pure electric passenger vehicles. The Vaasa region is at the forefront of building a sustainable battery production park, which is a key consideration for Shanshan to locate a plant in Europe.

Markku Kivist, Head of Clean Technology at Business Finland's Business Finland Agency for Clean Technology, believes that today's news marks a solid step for the European battery industry, and that Europe's battery anode material ** chain will be stronger and more sustainable. Leveraging Finland's expertise in batteries and our eco-friendly, zero-carbon electricity**, this move will further catalyze investment in Finnish battery technology and increase jobs in Finland.

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