CarbonScape plans to build biographite plant in Finland [Yahoo! Finance]
STORA ENSO OYJ ADR R SH (SEOAY)
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Source: Yahoo! Finance
Biographite is designed “to replace mined or fossil-based synthetic graphite in lithium-ion batteries, addressing critical supply chain and sustainability challenges”. CarbonScape said it is working on an engineering study for the demonstration plant, with the goal of starting construction in 2025 and sample production in 2026. The demo facility aims to “produce larger biographite samples for OEMs and battery cell makers”, to qualify products, and to train operators and engineers in a large industrial setting. Additionally, the plant will help biomaterials producer CarbonScape establish a presence in the European market. CarbonScape has been optimising its biographite production process at a pilot plant in New Zealand since 2018. The new demonstration plant in Sunila represents a “significant scaling up of this technology, paving the way for full commercialisation”, according to the company. CarbonScape is also in the process of designing a commercial biographite plant, with
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