News

News

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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EIA report on battery chemicals production now available – A public event will be held in Vuokatti on 31 October 2018

18.10.2018

The Kainuu ELY Centre (Centre for Economic Development, Transport and the Environment) has published and announced the Environmental Impact Report on Terrafame’s nickel and cobalt sulphate production, i.e. battery chemicals for electric vehicles. The EIA ...

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August

2018

The third hydrogen sulphide production line goes into production

1.8.2018

Terrafame has commissioned a new hydrogen sulphide production line in its plant area in Sotkamo, Finland. While the new line will increase the production capacity of the metals production plant, it will simultaneously improve the operational reliability o...

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November

2017

Terrafame Ltd. plans nickel and cobalt chemicals production for battery applications

10.11.2017

Multi-metal company Terrafame Ltd. is planning to invest in nickel and cobalt chemicals production for use in battery applications. The background for the investment is the fast growing demand for battery applications used in electric vehicles. Today, ...

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New private financing for Terrafame to support future investments

10.11.2017

Terrafame Group Ltd. (“Terrafame Group”) and Terrafame Ltd. (“Terrafame”) have on November 9, 2017 agreed with Galena Asset Management (“Galena”), Trafigura Group (“Trafigura”) and Sampo plc (“Sampo”) on a funding package to support Terrafame’s future inv...

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January

2017

Environmental licence granted to the central water treatment plant by the Regional State Administrative Agency

5.1.2017

The Regional State Administrative Agency for Northern Finland has granted Terrafame Ltd. an environmental licence, which allows the company to introduce a new central water treatment plant. The plant will gradually replace the smaller water treatment unit...

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September

2016

Terrafame achieved its key targets during the company’s first year of operation

1.9.2016

The ramp-up of the Terrafame mine, located in Sotkamo, started a year ago as ore mining was recommenced on 1 September, 2015, after a near two-year pause. Despite the highly challenging outset, Terrafame Ltd. has achieved its key targets below the budgete...

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May

2016

Terrafame’s mining operations will continue − the State of Finland is preparing for a managed closure of the mine

25.5.2016

The Ministerial Committee on Economic Policy has today, on 25 May 2016, discussed Terrafame’s situation and the continuation of its operations. The operational conditions are still met for the ramp-up of the mining operations to continue successfully, and...

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