Talvivaara Mining Company


Talvivaara Mining Company

Infobox Company
company_name = Talvivaara Mining Company
company_
company_type = Public (lse|TALV)
foundation = 2004
location = Espoo, Finland
key_people = Edward Haslam, Chairman
Pekka Pera, CEO
industry = Mining
products =
revenue =
operating_income = €2.3 million (2007)
net_income = €(9.9) million (2007)
num_employees =
parent =
subsid =
homepage = [http://www.talvivaara.com www.talvivaara.com]
slogan =
footnotes =

Talvivaara Mining Company (lse|TALV) is an Finnish-based nickel mining business operating in Finland. It is a constituent of the FTSE 250.

History

The company was established in 2004 when it acquired the rights to mine sites at Sotkamo in Eastern Finland from Outokumpu. In 2006 a metals recovery trial was completed and the necessary financing was secured. [ [http://www.teollisuussijoitus.fi/in_english/news/?x22283=1547424 Talvivaara Mining Company Ltd. announces successful completion of a €33 million private placement financing round] ] The appropriate permits to commence mining were obtained in 2007 and metals production is expected to start late in 2008. [ [http://www.metso.com/News/newsdocuments.nsf/Web2NewsDoc/6D1DDF509E0892D3C2257395002DB4C6?OpenDocument&ch=ChMetsoMineralsWebEng&id=6D1DDF509E0892D3C2257395002DB4C6& Metso to supply automation system to Talvivaara Mining Company in Finland] ]

Activities

The company's activities are concentrated in Sotkamo. It operates the following mines:
* Kuusilampi
* Kolmisoppi

References

External links

* [http://www.talvivaara.com Official site]


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