Restart of production process
(Thomson Reuters ONE) -
Stock Exchange Release
Talvivaara Mining Company Plc
19 March 2010
Restart of production process
Talvivaara Mining Company Plc is pleased to announce that the metals recovery
process at the Talvivaara mine has resumed after the Company had ensured that it
was environmentally safe to restart the plant.
A specialist team on site is continuing the reinforcement work at the settlement
ponds. The priority has been and continues to be to minimise potential impact or
damage to the environment.
The stoppage did not have a material impact on the production targets.
Further Information:
Talvivaara Mining Company Plc +358 20 712 9800
Pekka Perä Chief Executive Officer
Lassi Lammassaari Chief Operations Officer
About Talvivaara Mining Company Plc.
Talvivaara is a Finnish mining company operating a large open pit nickel mine in
Sotkamo, Finland. Talvivaara aims to become an internationally significant base
metals producer with its primary focus on nickel and zinc using a technology
known as bioheapleaching to extract metals out of ore. Bioheapleaching makes
extraction of metals from low grade ore economically viable. The Talvivaara
deposits comprise one of the largest known sulphide nickel resources in Europe.
The ore body is sufficient to support anticipated production for at least 46
years. Talvivaara has secured a 10-year off-take agreement for 100 per cent of
its main output of nickel and cobalt to Norilsk Nickel and entered into a long
term zinc streaming arrangement with Nyrstar NV. Talvivaara is listed on the
London Stock Exchange Main Market and Nasdaq OMX Helsinki and is included in the
FTSE 250 Index. Further information can be found at www.talvivaara.com
[HUG#1395615]
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Datum: 19.03.2010 - 06:29 Uhr
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News-ID 1011613
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