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About Us

Fortum Fortum is a Nordic energy company. Our purpose is to power a world where people, businesses and nature thrive together. We are one of the cleanest energy producers in Europe and our actions are guided by our ambitious environmental targets. We generate and deliver clean energy reliably and help industries to decarbonise their processes and grow. Our core operations in the Nordics comprise of efficient, CO2-free power generation as well as reliable supply of electricity and district heat to private and business customers. For our ~5 000 employees, we commit to be a safe, and inspiring workplace. Fortum's share is listed on Nasdaq Helsinki. fortum.com

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Fortum makes new Harjavalta recycling plant investment to expand its battery recycling capacity

Thu, Jun 17, 2021 07:00 CET

FORTUM CORPORATION PRESS RELEASE 17.6.2021 Fortum has made the investment decision to expand its lithium-ion battery recycling capacity by building a new state-of-the-art hydrometallurgical plant in Harjavalta, Finland. The investment, marked at ca. EUR 24 million, will be a major step in increasing Fortum’s hydrometallurgical recycling capacity and enabling the production of sustainable battery chemicals. The new facility will be able to efficiently recover scarce metals from old electric vehicle lithium-ion batteries while also recycling various waste fractions derived throughout

New Nordic export permits enhance Fortum’s recycling of electric car batteries in Finland

Tue, May 11, 2021 10:06 CET

Fortum has taken an important step in its ambitious bid to become Europe’s top recycler of electric vehicle (EV) batteries. With the use of EVs set to soar, Fortum has led the way by being granted special transport permits that allow Sweden and Norway to export lithium-ion batteries to Finland for recycling.  Fortum provides ‘end-of-life’ service for lithium-ion batteries that are worn out or damaged. Lithium-ion batteries that have reached the end of their life are classified as hazardous waste and require special expertise in handling, as they can pose a high risk for people and for

Fortum installs innovative battery solution at Landafors hydropower plant in Sweden

Wed, Apr 21, 2021 11:02 CET

In development collaboration, Fortum, Volvo Cars, and Comsys have created an innovative battery solution that is now being installed at Fortum’s Landafors hydropower plant on the river Ljusnan in Sweden. The solution will also use batteries from plug-in hybrid cars and other batteries to extend the life of the hydropower turbines and the batteries themselves. The purpose is to improve the ability to offer fast frequency reserve regulation to the power markets. The pilot also aims to find out how much capacity the batteries need to have left to function in this new “second life” role,

Sustainability and demand for electric cars to improve with Fortum’s new recycling technology for lithium recovery

Thu, Nov 19, 2020 10:10 CET

FORTUM CORPORATION PRESS RELEASE 19.11.2020 Fortum, a leading European energy company, has developed a new and efficient way to recycle lithium from rechargeable batteries, which could help meet the upcoming surge in demand for electric cars and battery materials. The world will increasingly need sustainable raw materials for EV batteries as the electrification of cars rapidly increases the need for the valuable materials and chemical elements batteries contain, such as lithium, nickel, cobalt and manganese. Lithium is one of the most valuable components in lithium-Ion

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