CNGR Finland Oy is owned by CNGR Advanced Material (60%) and the Finnish Minerals Group Oy (40%).
Listed on the Shenzhen Stock Exchange in China, CNGR Advanced Materials is a smart and green technology company and an expert supplier of lithium battery materials. Powered by a high-performing R&D organisation, CNGR is the world’s leading manufacturer of precursor cathode active materials for lithium batteries.
The Finnish Minerals Group, or Suomen Malmijalostus Oy in Finnish, is a special-purpose company owned by the Finnish state, charged with a task of maximising the value of Finnish minerals in a responsible way. The company manages the state’s mining holdings and develops the domestic lithium-ion battery value chain.
CNGR Advanced Materials and the Finnish Minerals Group began discussions about a possible joint venture in 2018 and established CNGR Finland Oy in Finland in May 2022.
The cornerstone of the overall sustainability effort by the Finnish Minerals Group is based on the ISO 26000 social responsibility standard. The same guidelines also steer CNGR Finland’s operations, for example to always obey the laws, engage in ethical behaviour and act responsibly. Furthermore, CNGR Finland is committed to the UN Sustainable Development Goals.
When creating a new industry, strong values are needed to drive the company. We are committed to these four values, and we pledge that they are also genuinely reflected in all our activities.