Hydrovolt and Fortum Battery Recycling join forces to drive the Nordic battery industry forward
February 29, 2024
The need to recycle batteries is ever increasing – the new EU sustainable batteries regulation requires battery, electronics, and automotive manufacturers to gradually increase the amount of recycled materials in batteries.
The scope of the collaboration intends to deliver on these new requirements and include a cross-Nordic process by mechanical recycling of EV batteries performed at Hydrovolt’s industrial plant in Fredrikstad, Norway. After crushing the batteries and turned into black mass, the material is shipped to Fortum’s hydrometallurgical plant in Harjavalta, Finland for further processing.
At Harjavalta, the hydrometallurgical process recovers valuable and critical metals from the black mass. Eventually the materials are returned to the cycle and reenters the battery manufacturing process of new lithium-ion batteries.
We are thrilled to enter into partnership with an innovative and strong actor such as Fortum Battery Recycling. This collaboration is a great example of how we can create circular solutions paving the way for more sustainable practices in the industry. Together, we set a leading example in the Nordics, championing sustainable battery recycling and closed loop systems for securing critical raw materials
Ole-Christen Enger
CEO of Hydrovolt
The agreement is the first commercial agreement for black mass offtake between the actors in an emerging market with large potential within the battery industry. The collaboration between Hydrovolt and Fortum Battery Recycling supports the companies’ shared targets of innovating the lithium-ion battery value chain for EV and industrial batteries. The unique dry-environment recycling process of Hydrovolt offers enhanced security and cleaner output.
We are excited to have started this partnership with Hydrovolt, another pioneer in the battery recycling industry. It is important to us to work with partners that share the same vision as we do – providing safe, cost-effective, and sustainable services for battery handling. Together, we can drive the battery industry forward with more efficient and sustainable solutions while also promoting Nordic collaboration and knowhow
Tero Holländer
Head of Fortum Battery Recycling
Contact:
Amanda Gran Head of Communication & Public Affairs, Hydrovolt +47 90560611 | amanda.gran@hydrovolt.com
Heli Poikonen Director, Communications and Marketing, Fortum Recycling & Waste +358 50 3794 119 | heli.poikonen@fortum.com
