News from the mine

News from the mine

October

2020

Net sales in January–September 2020 totalled EUR 234.6 million – EBITDA decreased due to maintenance shutdown

26.10.2020 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–September 2020 in brief Nickel pro...

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Terrafame has signed the UN Global Compact initiative

21.10.2020 10:30

Terrafame has been approved as a participant to the UN Global Compact initiative in October 2020. By signing the initiative Terrafame commits to support and apply the ten principles of the UN Global Compact initiative in the fields of human rights, lab...

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Terrafame Ltd publishes its January—September 2020 result on 26 October 2020

19.10.2020 14:00

Terrafame Ltd publishes its January–September 2020 result on Monday 26 October 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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September

2020

Terrafame’s nickel sulphate production offers the lowest carbon footprint in the industry - altogether 60% lower than in existing conventional processes

18.9.2020 16:41

Terrafame fights climate change by enhancing low-carbon mobility with responsible battery chemicals. In Terrafame’s production process, the carbon footprint generated through the production of one kilogram of nickel sulphate is 1.75 kg CO2-eq(1, compared ...

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August

2020

New financing package from the owners for Terrafame’s development

28.8.2020 09:00

The owners of the multi-metal company Terrafame Ltd – Finnish Minerals Group, Trafigura Group’s private investment arm Galena Asset Management and Sampo plc – have reached an agreement with Terrafame on funding rearrangements and further financing of the ...

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Terrafame is preparing for the commissioning of the battery chemicals plant by strengthening its commercial organisation

13.8.2020 13:10

The multi-metal company Terrafame is currently building one of the world’s largest battery chemical production plant in Sotkamo. The commercial production of battery chemicals will start in early 2021. With the current battery chemistries in use, the plan...

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Terrafame's heat production CO2 emissions will soon decrease by 90 percent – again new investments in Sotkamo area

5.8.2020 08:01

(Update 5 Aug 2020 at 9.27: The title and ingress clarified that the reduction in CO2 emissions applies to heat production, not Terrafame's entire production.) Terrafame and Adven will soon work together to reduce the carbon dioxide emissions of Terraf...

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July

2020

Net sales in January–June 2020 totalled EUR 172.6 million ̶ EBITDA increased significantly year-on-year

24.7.2020 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–June 2020 in brief Nickel productio...

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Terrafame Ltd publishes its January–June 2020 result on 24 July 2020

17.7.2020 13:13

Terrafame Ltd publishes its January–June 2020 result on Friday 24 July 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 rep...

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New appointment to the Terrafame Management Team

6.7.2020 14:45

Mr Seppo Voutilainen M.Sc. (Eng.) (49) has been appointed as Chief Mining Officer and Member of the Management Team at Terrafame Ltd as of 1st September 2020. Mr Voutilainen has recently served as Development Director of European Operations and Assista...

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June

2020

Terrafame’s Sustainability Review published

26.6.2020 13:26

Terrafame’s Sustainability Review was published today on the company’s website at www.terrafame.com > Terrafame Ltd > Reporting. The Sustainability Review is a collection of key sustainability events from 2019. The review also includes up-to-date infor...

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Terrafame and Caverion expand their cooperation from industrial maintenance to facilities

15.6.2020 15:31

Terrafame and Caverion expand their cooperation at the Terrafame industrial site in Sotkamo, Finland. The cooperation includes technical maintenance of the facilities and industrial maintenance and the delivery of certain equipment and solutions. The fram...

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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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