News from the mine

News from the mine

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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Terrafame tackles labour challenges through cooperation with educational institutes

3.12.2018

The company is making a principal lecturer donation to a university of applied sciences and launching apprenticeship training at its industrial site in Sotkamo, Finland. A Finnish multi-metal company Terrafame is involving itself in the development of ...

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November

2018

Major accident drill brought rescue operations units, parademics and police to Terrafame

5.11.2018

On Thursday 1 November 2018, together with paramedics and the police, the Kainuu Rescue Authority organised a major accident drill in Terrafame’s plant site. The drill began with an imagined accident in which a fire, caused by a molten sulphur leak, had b...

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October

2018

Terrafame orders crystallisation technology for battery chemicals plant from JordProxa

29.10.2018

Multi-metal company Terrafame and JordProxa have signed a contract for crystallisation technology for a new plant, which will produce battery chemicals for the manufacture of electric vehicle batteries. The contract includes the planning of the crystallis...

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Terrafame decides to invest in battery chemicals plant

25.10.2018

Multi-metal company Terrafame’s Board of Directors has made a positive investment decision on 24 October 2018 regarding the battery chemicals plant. The plant, which will produce chemicals used in electric vehicle batteries (EVB), will be located at the c...

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Terrafame’s net sales in the third quarter totalled EUR 86.0 million – positive EBITDA, operating result and cash flow

25.10.2018

Key figures in July−September 2018 (Q3 2017 reference period in parentheses) 7,326 tonnes of nickel (5,506) and 16,530 tonnes of zinc (12,242) were produced. Net sales totalled EUR 86.0 million (63.9). EBITDA was EUR 12.9 million (47.6). EBI...

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Terrafame and Outotec agree on supply of pressure leaching technology for battery chemicals plant

25.10.2018

Multi-metal company Terrafame has signed a contract with Outotec for the supply of pressure leaching technology for the battery chemicals plant planned for Sotkamo, Finland. The contract includes the planning of the leaching technology area, the supply of...

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Terrafame selects Sweco as detail engineering designer of its battery chemicals plant

25.10.2018

The multi-metal company Terrafame has signed a contract with Sweco for the detail engineering design of a battery chemicals plant. Terrafame's own project organisation is leading the project as a whole and is in charge of selecting technology suppliers an...

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The battery chemicals plant would bring significant positive economic impacts to Kainuu and elsewhere in Finland

18.10.2018

Terrafame has advanced to the report phase of the EIA procedure for the planned battery chemicals plant, during which the plant’s regional economic effects in Kainuu and Finland have also been evaluated. The plant’s implementation options have been compar...

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