The new centralised water treatment plant received its environmental permit, and the plant was commissioned.
Terrafame Group, Terrafame, Trafigura Group (including Galena Fund) and Sampo agreed on a financing arrangement amounting to EUR 250 million to ensure Terrafame’s ramp-up.
DQS Finland granted certification to Terrafame’s quality, environmental and occupational health and safety management systems.
Q4 / 2017
Cooperation negotiations were concluded. Terrafame decided to reduce its personnel by 37 employees.
Net sales for the third quarter were EUR 63.9 million and profitability improved significantly.
Terrafame filed a permit application for uranium recovery with the Finnish Government.
Terrafame agreed with Galena, Trafigura and Sampo on a financing package totaling USD 200 million to support the investment plan of a new battery chemicals plant.
The Radiation and Nuclear Safety Authority granted Terrafame an operational permit for laboratory research to examine the recovery of rare earth elements and uranium.
The Centre for Economic Development, Transport and the Environment issued a statement on Terrafame’s EIA report concerning operations, and the EIA procedure was closed.
Q2 / 2017
The Environmental Impact Assessment (EIA) report concerning water management was published.
A quarterly production record of 4,787 tonnes was achieved in nickel production. Net sales totalled over EUR 41.3 million.
The Supreme Administrative Court issued its decision on Terrafame’s environmental permit issues. Operations could be continued responsibly and as planned.
Terrafame announced the preparation of research into the recovery of rare earth elements and uranium. A permit application for laboratory tests was filed with the Radiation and Nuclear Safety Authority.
The company announced that it was starting the productisation of copper at its metals production plant.
Q3 / 2017
Terrafame published its results for the first half of the year. Nickel production volumes exceeded those of the previous year, and net sales increased to EUR 88.5 million.
The Centre for Economic Development, Transport and the Environment issued a statement on Terrafame’s EIA report concerning water management, and the EIA procedure was closed.
The EIA report concerning production was published.
The company submitted an environmental permit application covering all operations to the Northern Finland Regional State Administrative Agency (RSAA).