News from the mine

News from the mine

August

2019

New appointment to the Terrafame Management Team

15.8.2019

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

(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

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

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

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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The Radiation and Nuclear Safety Authority in Finland has issued a statement on the permit application for uranium recovery filed by Terrafame with the Government on 30 October 2017

11.6.2019

Pursuant to the Nuclear Energy Act (990/1987), the multi-metal company Terrafame filed a permit application for uranium recovery with the Government on 30 October 2017. Terrafame already has the relevant chemicals permit and environmental permit. Today...

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April

2019

Terrafame posts first quarter net sales of EUR 81 million and positive operating profit

26.4.2019

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

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Terrafame Ltd publishes its January-March 2019 result on Friday 26 April 2019

23.4.2019

Terrafame Ltd publishes its January-March 2019 result on Friday 26 April 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 r...

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March

2019

Terrafame launches environmental impact assessment for the final disposal of water treatment sludge accumulated in the past

29.3.2019

The company has submitted its environmental impact assessment programme for the final disposal of water treatment sludge accumulated in the past to the Centre for Economic Development, Transport and the Environment for the Kainuu region (Kainuu ELY Centre...

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Annual Report 2018 has been published

28.3.2019

Terrafame Ltd has today published its Annual Report 2018 in both English and Finnish. The online report has been divided into sections by themes, and they contain information about business activity, responsibility and management. Also the report of the B...

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February

2019

Terrafame’s net sales EUR 325.8 million – the company achieved its annualised target for nickel production

21.2.2019

(The 2018 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−December 2018 in brief Ni...

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January

2019

Appointment to Terrafame Ltd's Management Team

15.1.2019

Terrafame Ltd has appointed Ms Sanna Päiväniemi, M. Sc. (forestry), as Chief Communications Officer and a member of the Management Team as of 1 February, 2019. She will report to Terrafame Ltd's CEO Joni Lukkaroinen. Sanna Päiväniemi has extensive expe...

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Environmental Impact Assessment of Terrafame’s battery chemicals plant completed

8.1.2019

The Kainuu ELY Centre (Centre for Economic Development, Transport and the Environment) has just published its reasoned conclusion on the Environmental Impact Assessment (EIA) report of Terrafame’s nickel and cobalt sulphate production, i.e. battery chemic...

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December

2018

Public notice of Terrafame's environmental and water permit application has been announced

31.12.2018

The Northern Finland Regional State Administrative Agency (RSAA) has announced a public notice of the environmental and water permit application by Terrafame covering the company’s entire operation. The application is available for viewing at the municipa...

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Terrafame implements previously agreed financial arrangements

20.12.2018

Terrafame Ltd’s parent company, Finnish Minerals Group, has allocated EUR 20 million of equity funding to Terrafame from the investment commitment granted in February 2017. This arrangement does not require any new funding from the State of Finland. Te...

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