Sustainability

Reducing transport emissions one battery at a time

The materialisation of extreme phenomena and other threats caused by climate change is a major risk to society, making combating climate change necessary. Here at Terrafame, we promote cleaner transport and the transition to a lower-emission society. This is our contribution to combating climate change.

Mission – Vision – Strategy

Terrafame’s mission is to reduce the carbon footprint of transport with sustainably produced battery chemicals. The company's vision is to be one of the most cost-effective and sustainable producers of battery chemicals in the industry.

To achieve this vision, the company has defined its strategy, divided into three themes:

  • a financially stable company;
  • sustainability as a competitive edge;
  • an evolving specialty chemicals company.

Traceable mineral raw materials

A key competitive edge in demonstrating our sustainability comes from the traceability of key production raw materials – minerals. Terrafame’s entire production process from the mine to the battery chemicals plant is located on a single industrial site. All primary raw materials used in production are therefore quarried from our own open-pit mine, which ensures the complete traceability of mineral raw materials.

Energy-efficient production process and small carbon footprint

The bioleaching-based metals extraction process, which consumes 90 per cent less energy than alternative methods, is another significant competitive factor. As a result of the energy-efficient process, Terrafame’s battery chemicals have a 60 per cent smaller carbon footprint than the industry average (Sphera Solutions GmbH, 2020). The company seeks to further reduce its carbon footprint and has set itself the ambitious goal of being carbon neutral in terms of GHG emissions from its production (Scopes 1–2) by 2039.

Corporate governance and Europe’s largest nickel reserves

Terrafame’s strengths also include its commitment to corporate governance, and the security of supply, based on Europe’s largest nickel reserves. In March 2025, the EU granted Terrafame’s Kolmisoppi project the status of a strategic project in accordance with the Critical Raw Materials Act (CRMA). With the CRMA, the EU aims to strengthen the value chains of raw materials necessary for the European economy and a clean transition. Kolmisoppi is Terrafame’s second, as yet unused, ore deposit in Sotkamo, Finland.

Terrafame reports its operations openly. The company’s financial and sustainability reports are available on the Company > Reports and publications page.