Hycamite updates leadership as Kokkola plant scales

Key highlights
  • Matti Malkamäki has moved from Chairman of the Board to CEO.
  • Laura Rahikka has moved from CEO to COO.
  • Hycamite’s industrial‑scale methane‑splitting plant in Kokkola is undergoing further development and planned expansion.
  • The proprietary technology produces low‑carbon hydrogen and high‑quality carbon materials, including battery‑grade graphite, without CO₂ emissions.
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Hycamite Kokkola battery-grade graphite expansion · Finland
Announced / Concept
2026-05
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Under Construction · expected date for subscribers
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Operational / Completed · expected date for subscribers

Leadership changes

Matti Malkamäki, previously Chairman of the Board, has transitioned to the role of CEO; Laura Rahikka, formerly CEO, has assumed the role of COO. Jukka Nieminen is described as having extensive international experience in industry, energy and technology, and says he looks forward to supporting Hycamite’s commercial development across Europe and global markets in sectors such as energy generation, steel, chemicals and advanced batteries.

Operations and scale‑up

Headquartered in Kokkola, Finland, Hycamite is entering a new growth phase driven by progress in industrial operations, technology development and commercial activity. The company is expanding industrial capacities: the Kokkola decarbonization plant is undergoing further development and planned expansion to increase production of optimized carbon products, including battery‑grade graphite.

Technology and market focus

Hycamite’s proprietary methane‑splitting technology enables production of low‑carbon hydrogen and high‑quality carbon materials without CO₂ emissions. The company is advancing the technology across multiple product lines, intensifying collaboration with customers and partners, and developing its growth strategy and business model to support international expansion and new application areas tied to electrification and critical material supply.

Source: Hycamite

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