News from the mine

News from the mine

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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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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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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March

2019

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

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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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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