Fortum Oyj is a Nordic energy and circular-economy company headquartered in Espoo, Finland. Majority-owned by the State of Finland, Fortum focuses on low‑emission power generation—particularly hydroelectric and nuclear—alongside energy services for industrial and municipal customers across the Nordic region and selected European markets.
In the chemical and materials value chain, Fortum operates battery and metals recycling through Fortum Battery Recycling. The business applies mechanical pre‑treatment and hydrometallurgical processes to recover critical materials from lithium‑ion batteries and production scrap, enabling the return of nickel, cobalt, manganese, and lithium back into battery-grade raw material streams. Fortum’s circular solutions support European supply security and regulatory compliance for automotive, battery, and electronics industries by reducing waste, lowering carbon intensity, and increasing the share of recycled content in new products.