News from the mine

News from the mine

April

2020

Terrafame net sales in Q1/2020 totalled EUR 96,1 million – a new quarterly record in nickel production

24.4.2020 09:00

(The financial data from Terrafame Ltd presented in this factsheet are unaudited FAS figures. Unless otherwise stated, the figures in parentheses refer to the corresponding period of the previous year.) January–March 2020 in brief Nickel produ...

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Terrafame Ltd publishes its January-March 2020 result on Friday 24 April 2020

17.4.2020 15:00

Terrafame Ltd publishes its January-March 2020 result on Friday 24 April 2020 approximately at 09.00 a.m. Finnish time. The report will be available on the company’s website at www.terrafame.com after publishing. Webcast briefing in Finnish for media r...

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Terrafame has submitted an environmental impact assessment programme to the Kainuu ELY Centre on the exploitation of the Kolmisoppi deposit and the expansion of the mining concession

7.4.2020 10:05

Terrafame has submitted an environmental impact assessment programme (EIA programme) to the Kainuu ELY Centre on 30 March 2020 regarding the exploitation of the Lake Kolmisoppi ore deposit, the waterbody arrangements required for Lake Kolmisoppi and the e...

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March

2020

Terrafame’s Financial Review 2019 is published

5.3.2020 16:02

Terrafame Ltd’s Financial Review 2019 has been published today. The Financial Review includes the Board of Directors' Review and the Financial Statements (FAS) for the period 1 January - 31 December 2019. In addition, Terrafame has published its Corpor...

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February

2020

Terrafame’s net sales in 2019 totalled EUR 310.4 million – EBITDA for the year was at the 2018 level

21.2.2020 09:00

(The financial data from Terrafame Ltd presented in this factsheet are unaudited FAS figures. Unless otherwise stated, the figures in parentheses refer to the corresponding period of the previous year.)   Year 2019 in brief Nickel production i...

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Terrafame Ltd publishes its January-December 2019 result on Friday 21 February 2020

18.2.2020 08:33

Terrafame Ltd publishes its January-December 2019 result on Friday 21 February 2020 approximately at 09.00 a.m. Finnish time. The report will be available on the company’s website at www.terrafame.com after publishing. Webcast briefing in Finnish for m...

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Government grants uranium recovery permit to Terrafame

6.2.2020 13:48

The Finnish Government has today, 6 February 2020, decided to grant a uranium recovery permit to Terrafame. The company submitted the permit application for uranium recovery under the Nuclear Energy Act (990/1987) to the Finnish Government on 30 October 2...

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January

2020

Terrafame launches an EIA procedure for using the ore deposit in Kolmisoppi and expanding the mining concession to meet future needs

30.1.2020 13:15

Terrafame’s mining concession in Sotkamo has the largest nickel ore reserves in Europe. The other metals recovered from the ore are zinc, cobalt and copper. Starting in 2021, nickel and cobalt will be refined in the company’s own battery chemicals plant t...

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Terrafame will recover excess energy of its hydrogen plants – technology is used in a new way

13.1.2020 08:00

Terrafame starts to produce process steam by utilizing excess energy streams of its hydrogen plants. In the past, the similar technology has been utilized, for example in power plants, but it is new in hydrogen plants. Energy and water company Adven is re...

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October

2019

Terrafame’s net sales in January–September 2019 were EUR 243.6 million – EBITDA 29% in July–September

24.10.2019 12:00

(The financial interim data from Terrafame Ltd presented in this factsheet are unaudited FAS figures. Unless otherwise stated, the figures in parentheses refer to the corresponding period of the previous year.)   January–September 2019 in brief ...

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August

2019

New appointment to the Terrafame Management Team

15.8.2019 12:00

Kristian Granit M.Sc. (Eng.) has been appointed Chief Refining Officer and member of the Management Team at Terrafame Ltd as of 1 October 2019. Mr Granit has been with the company since 2015 and at the site since 2007. He currently works as a department m...

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July

2019

Terrafame’s net sales during the first half of 2019 amounted to EUR 141.0 million – profitability was burdened by lower prices and a maintenance break

26.7.2019 09:00

(The financial interim data from Terrafame Ltd presented in this release are unaudited FAS figures. Unless otherwise stated, the figures in parentheses refer to the corresponding period of the previous year.)   January−June 2019 in brief Nick...

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Terrafame Ltd publishes its January-June 2019 result on Friday 26 July 2019

17.7.2019 09:00

Terrafame Ltd publishes its January-June 2019 result on Friday 26 July 2019 approximately at 09.00 a.m. Finnish time. The report will be available on the company’s website at www.terrafame.com after publishing. Webcast briefing in Finnish for media rep...

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June

2019

Adven is implementing a renewable energy-based power plant for Terrafame’s new battery chemicals plant

18.6.2019 09:00

Terrafame and Adven have agreed to implement a new energy plant based on renewable energy for the new Terrafame’s battery chemicals plant in Sotkamo. At the same time, the energy co-operation between the two companies will deepen further, as Adven will fr...

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Terrafame concludes contract for the construction of an oxygen plant for its battery chemicals plant

14.6.2019 09:00

Terrafame and Air Liquide have entered into a contract for the supply of oxygen, based on which Air Liquide will construct an oxygen plant at Terrafame’s industrial site in Sotkamo. Production is scheduled to be launched at the new oxygen plant in Novembe...

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