Beowulf Mining and Epsilon partner to develop graphite processing hub in Finland
2021-03-09 12:02:40 [Print]
Beowulf Mining has signed a memorandum of understanding (MoU) with Epsilon Advanced Materials Private, a subsidiary of Epsilon Carbon, to develop a concept for a strategic processing hub of natural flake and recycled graphite in Finland.
The MoU will enable Beowulf's subsidiary, Fennoscandian Resources, to build its downstream capability, collaborating with a strong technology/processing partner.
Fennoscandian is pursuing a strategy to develop a production base of natural flake graphite that can provide 'security of supply' and enable Finland to achieve its ambition of self-sufficiency in battery manufacturing. The company is a recipient of Business Finland funding, which is supporting Fennoscandian to move downstream, and develop its knowledge in processing and manufacturing value-added graphite products.
Fennoscandian is developing the Aitolampi graphite asset, which has a contained graphite resource of 1.28-million tonnes, possessing almost perfect crystallinity, an important prerequisite for high tech applications, such as lithium-ion batteries.
The MoU will enable Beowulf's subsidiary, Fennoscandian Resources, to build its downstream capability, collaborating with a strong technology/processing partner.
Fennoscandian is pursuing a strategy to develop a production base of natural flake graphite that can provide 'security of supply' and enable Finland to achieve its ambition of self-sufficiency in battery manufacturing. The company is a recipient of Business Finland funding, which is supporting Fennoscandian to move downstream, and develop its knowledge in processing and manufacturing value-added graphite products.
Fennoscandian is developing the Aitolampi graphite asset, which has a contained graphite resource of 1.28-million tonnes, possessing almost perfect crystallinity, an important prerequisite for high tech applications, such as lithium-ion batteries.
