HLSE:FORTUMElectric Utilities
Fortum Oyj (HLSE:FORTUM) Secures €40 Million Battery Recycling Grant, Is It Still Overvalued?
Fortum Oyj (HLSE:FORTUM) is in focus after its Fortum Battery Recycling unit signed a grant agreement for up to €40 million to expand the Harjavalta hydrometallurgical battery recycling facility, described as Europe’s largest closed loop site.
See our latest analysis for Fortum Oyj.
Fortum Oyj’s recent grant-backed push into battery recycling comes as the stock has eased, with the share price down over the past quarter but still showing a positive year to date share price return and a strong...