Upon completion, the plant will be the largest global nickel sulfate producing facility in the world with a production capacity of 170,000 tonnes per year, equivalent to 1 million electric vehicle (EV) batteries. The nickel sulfate hexahydrate produced there will carry a carbon footprint 60% lower than that of current industry-standard processes, the company said.
Company chief executive Joni Lukkaroinen said in a 2019 interview with Fastmarkets that Terrafame would be the main European EV nickel producer
when demand for EVs hit the continent thanks to its unique, environmentally friendly bioheap leaching process.
As of mid-2019, the producer had been ramping up nickel output for three and a half years in anticipation of the EV boom on that basis, when preferential nickel-cobalt-manganese 8-1-1 battery uptake is expected...