Valuable battery materials from Kotka

We are building a battery materials plant in Kotka, Southeast Finland, to support the electrification of traffic in Europe.

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OUR PRODUCT

Producing materials for the future of transport

Easpring Finland New Materials Oy is building a battery materials plant in Kotka, Southeast Finland. The plant will produce cathode active material (CAM), which is needed to manufacture battery cells for electric vehicles and energy storage applications.

Join us on our exciting journey!

About us

The project in brief

Easpring Finland New Materials Oy is owned by Beijing Easpring Material Technology, one of the world’s leading battery materials producers, and Finnish Minerals Group, a company wholly owned by the state of Finland, with a task to develop the mining and battery industry in Finland.

Our plant will create economic growth in the Kymenlaakso region and accelerate the green transition and electrification of traffic in Europe. Construction work on our site began on the spring of 2025, and our goal is to launch commercial production in 2027.

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Key figures

60,000

tons

Annual CAM production capacity, meeting the CAM needs of 750,000 electric cars

~270

people

directly employed by the plant when operational

180

million €

of tax revenue per year for Finland

Source: Economic impact assessment, Ramboll 2024.

Latest news

Independent audit of today’s allegations concerning Kotka CAM plant to be launched

Published 31.8.2026 Laura Svahn

Press releases

All companies operating at the construction site are required to comply with Finnish law and uphold workers’ rights. Today, The Finnish Broadcasting Company (Yle) published a news report presenting allegations about the terms of employment and working conditions of Chinese workers at the Kotka CAM plant construction site. The Kotka CAM plant is an investment […]

Group of people signing the financing package.

Easpring Finland secures €514.4 million green financing package for cathode active material plant development in Kotka

Published 8.7.2026 Aaro Aalto

Press releases

Landmark financing supports the establishment of a strategic cathode active material production facility, enabling European energy transition. Easpring Finland New Materials Oy has successfully secured a €514.4 million green financing package to support the development and construction of its cathode active material (CAM) manufacturing plant in Kotka, Southeast Finland. The financing marks a major milestone […]

Installation work at the Kotka CAM plant moves to three shifts to meet the urgent demand of European CAM

Published 10.4.2026 Aaro Aalto

News

Construction of the Kotka CAM (cathode active material) plant has progressed at a good pace toward the start of commercial production in 2027. European CAM originating from Kotka is in high demand and starting the production according to schedule is critical. The ongoing import and installation of production equipment, such as kiln systems and other […]

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Our product

Cathode active material

Cathode active material (CAM) is a powdered material needed in battery cell plants to manufacture the most valuable part of the battery cell, the cathode.

The material produced in Kotka will meet the sustainability and traceability requirements of European customers. Our products will be sold for battery cell plants in Europe and around the world.

Join our team

Our project is developing rapidly, and we are always keen to hear if you are interested in joining us. Explore our current job openings or leave an open application.

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Get in touch with our people

You are always welcome to send your questions or inquiries to the people behind the project.