The environmental permit process related to the Kolmisoppi deposit is progressing – the Kainuu Centre for Economic Development, Transport and the Environment has given public notice of the EIA report concerning the project 20.7.2021 10:02

Europe’s largest nickel ore reserves are located in Terrafame’s mining concession in Sotkamo. Zinc, cobalt and copper are also recovered from the ore. Terrafame’s extensive investment (around EUR 240 million) in a battery chemicals plant was completed in the summer. The nickel and cobalt extracted by the company will now be processed into battery chemicals for electric vehicles in the company’s own plant. The utilisation of the Kolmisoppi deposit together with the present Kuusilampi deposti would allow mining and metal production to continue for up to 50–60 years from now.

The Kainuu Centre for Economic Development, Transport and the Environment (ELY Centre) has today, on 20 July 2021, given public notice of the environmental impact assessment (EIA) report on the utilisation of the Kolmisoppi deposit and the expansion of the mining concession.

The EIA procedure is part of the environmental permit process. Following the public notice period, the Kainuu ELY Centre will issue a reasoned conclusion on the EIA report, after which the project will proceed to the permit application phase.
 

Further information:

Veli-Matti Hilla, Chief Sustainability Officer, Terrafame Ltd, veli-matti.hilla[at]terrafame.fi, p. +358 20 7130 800 (switchboard)

 

Terrafame enhances low-carbon mobility by supplying the global battery industry with responsibly produced battery chemicals. At its industrial site in Finland, Terrafame operates one of the world's largest production lines for battery chemicals used in electric vehicle (EV) batteries. The plant has capacity to supply nickel sulphate for about one million electric cars per year. The carbon footprint of the nickel sulphate produced by Terrafame is one of the lowest in the industry average.

Terrafame's integrated production process – which begins in its own mine and ends with battery chemicals on one industrial site – is unique and energy-efficient. It provides customers with a transparent, traceable, and truly European battery chemicals production chain in a world of scarcity.

Terrafame Ltd was founded in 2015. In 2020, Terrafame’s net sales amounted to EUR 338 million. The company's industrial site employs approximately 1,600 people, of which about half are employees of its partner companies.

Article subjects: EnvironmentProduction