Fortum Battery Recycling employs a closed-loop hydrometallurgical process achieving recovery rates over 95% for lithium-ion battery metals. Mechanical pre-treatment at Kirchardt, Germany dismantles and separates components; black mass produced at Ikaalinen, Finland is sent to Harjavalta for hydrometallurgical extraction and purification of nickel, cobalt, and lithium into battery-grade materials.
Services include mechanical dismantling, material separation and hydrometallurgical recovery. Outputs are high-purity nickel and cobalt sulfates and lithium hydroxide suitable for new battery production. Facilities process over 3,000 tonnes of batteries annually at Kirchardt.
January 2024 strategic partnership with Marubeni Corporation for graphite recovery; awarded €4.5 million grant to expand Ikaalinen mechanical processing capacity; developing a test production facility for cathode and anode materials supported by Business Finland.
Fortum Battery Recycling is wholly owned by Fortum Corporation (Nasdaq Helsinki: FORTUM). Its funding sources include grants from Business Finland and the EU’s NextGenerationEU program. No specific external investors are publicly disclosed.
