Renault Group signs agreement with Terrafame for sustainable nickel sulfate supply

Renault Group, a leading automotive maker in both the electric vehicle (EV) and non-EV sectors has signed a Memorandum of Understanding (MoU) with Finland's Terrafame for the future supply of nickel sulfate, according to a statement on October 8.

Terrafame owns and operates a nickel, zinc, cobalt and copper mine at Sotkamo in eastern Finland and earlier this year brought online a nickel sulfate plant at the same site with a capacity of 170,000 tonnes per year.
The agreement between Renault Group and Terrafame secures a supply of nickel sulfate representing up to 15 GWh of annual capacity, the statement says, and the co-operation between the companies will focus on sustainability and traceability throughout the production process.

The Renault Group says the new agreement "marks another step towards the...

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