22 October 2018
ABOUT BASF’s Catalysts Division
BASF’s Catalysts division is the world’s leading supplier of
environmental and process catalysts.
The group offers exceptional expertise
in the development of technologies that
protect the air we breathe,
produce the fuels that power our world, and
ensure efficient production of a wide variety of chemicals,
plastics and other products,
including advanced battery materials.
By leveraging our industry-leading R&D platforms, passion
for innovation and deep knowledge of precious and base metals,
BASF’s Catalysts division develops unique, proprietary solutions
that drive customer success.
Further information on BASF’s Catalysts division
is available on the Internet at www.catalysts.basf.com.
is a diversified mining and metallurgical company,
the world’s largest producer of refined nickel and palladium
and a leading producer of platinum, cobalt, copper and rhodium.
The company also produces
gold, silver, iridium, selenium, ruthenium and tellurium.
The production units of Nornickel include
Polar Division, located at the Norilsk Industrial District
on Taimyr Peninsula, and
the Kola Mining and Metallurgical Company located on
Kola Peninsula in Russia
as well as
Harjavalta nickel refinery in Finland.
Nornickel shares are listed on the Moscow
and on the Saint-Petersburg Stock Exchanges.
Nornickel ADRs trade over the counter
in the U.S. and on the London and Berlin Stock Exchanges.
Further information at www.nornickel.com.
DETAILS
BASF has selected Harjavalta, Finland,
as the first location
for battery materials production
serving the European automotive market.
The plant will be constructed adjacent to
the nickel and cobalt refinery
owned by Norilsk Nickel (Nornickel).
This investment is part of BASF’s €400 million multi-step
investment plan announced last year
and builds upon initial battery materials production
started in Harjavalta in 2018.
Start-up is planned for late 2020,enabling
the supply of approximately
300,000 full electric vehicles per year
with BASF battery materials.
The new plant in Harjavalta
will utilize locally generated renewable energy sources,
including hydro, wind and biomass.
Additionally, BASF and Nornickel have signed
a long-term, market-based supply agreement
for nickel and cobalt feedstocks
from Nornickel’s metal refinery.
The agreement will establish
a locally sourced and secure supply
of raw materials for battery production in Europe.
The investment in the new plant in Finland
reinforces BASF’s support of the EU Commission’s agenda
towards a European battery production value chain.
BASF is also evaluating additional locations in Europe
for the construction of new production plants
for battery materials.
Kenneth Lane,
President, BASF’s Catalysts division
“With the investment in Harjavalta,
BASF will be present in all major regions
with local production and increased customer proximity
further supporting the rapidly growing electric vehicle market,”
“Combined with our Nornickel cooperation, we are creating
a strong platform that connects the efforts
between industry leaders in raw material supply
and battery materials technology and production.”
Jeffrey Lou,
Senior Vice President, Battery Materials at BASF
"The co-location of BASF’s new plant
and Nornickel’s metal refinery in Harjavalta
will enable unparalleled access
to a local nickel and cobalt supply,”
“Our high-nickel cathode materials are key
to deliver enhanced energy density and vehicle range
to our customers.
With this world-scale production facility,
BASF will be able to serve
the European e-mobility growth strategies
of key OEMs and cell suppliers
with reliable supply and close collaboration.”
Sergey Batekhin,
Senior Vice President, Sales, Procurement and Innovation
at Nornickel
“We are pleased to extend our alliance with BASF,
one of our long-term strategic partners.
The agreement is an important element
of Nornickel’s broader strategy
to expand its presence in the global battery materials market
and establish long-term cooperation
with leading producers of cathode active materials.”
“We believe that electric vehicles
have significant potential
to transform the global nickel industry, and Nornickel
– as the world’s leading supplier of refined nickel products –
is uniquely positioned to support this transformation.
We feel especially proud that our company
can play an important role
in supporting the development of the green economy
in Europe and globally.
Nornickel reiterates its strong commitment
to the sustainable long-term development
of its resource base and being
a responsible participant
in the global materials supply chain.”
To learn more about BASF Battery Materials
and BASF’s commitment to e-mobility, visit our website:
https://catalysts.basf.com/products-and-industries/battery-materials
You can find TV footage and additional photo material of
BASF’s battery material research and production sites
in our TV-service and photo pool
(please choose “battery” as search term).
Media contacts:
BASF SE
Media Relations
Christine Haupt
Phone: +49 621 60-41040
Email: christine.haupt@basf.com
Trade Media
Krisanne Pook
BASF Catalysts Division
Phone: +1-732-205-5991
E-mail: krisanne.pook@basf.com
PJSC MMC Norilsk Nickel
Media Relations
Phone: +7-495-785-5800
E-mail: pr@nornik.ru
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