The rise has been steady from 2020 onward; back then, Finland ranked 8th worldwide and 3rd Europewide. Even more impressive is that Finland has outperformed its expected rankings of 2025 (7th worldwide, 3rd Europewide) . Worldwide rankings of the top 30 countries involved in global lithium-ion battery supply chain .
Worldwide rankings of the top 30 countries involved in global lithium-ion battery supply chain . The reasons for Finland’s success can be explained by its increasing battery metals manufacturing, relatively clean grid as well as excellent infrastructure.
Therefore, Finland continues to increase its raw material capabilities, with Keliber planning to start mining and concentrating lithium ore in 2024, and Fortum expecting to start operating its lithium-ion battery recycling plant in 2023 .
Top 4 ranking cannot be stated as a coincidence since Finland has strengthened its already strong battery metal industry by launching National Battery Strategy 2025 in June 2021 .
The global lithium-ion battery supply chain rankings were first published during their Bali summit in Nov, 2022 . Sources (Accessed 17.11.2022): BloombergNEF (BNEF) has ranked Finland as 4th worldwide and 1st Europewide in their lithium-ion battery supply chain ranking.
Finland ranks top 4 in global lithium-ion battery supply chain
BloombergNEF (BNEF) has ranked Finland as 4th worldwide and 1st Europewide in their lithium-ion battery supply chain ranking.
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