Energy, Estonia, EU – Baltic States, Good for Business

Construction of the energy plant is expected to be finalized in November 2020.

Terrafame and Adven will soon work together to reduce the carbon dioxide emissions of Terrafame's production by almost 9,000 tons. In practice, a drop of more than 90 percent in emissions is expected to be reflected in 2021.

The new energy plant, which will be completed this year, the recovery of excess energy and the new investments in the district heating network in the mining area, which have now been agreed with Adven, will ensure the reduction of emissions.

In addition, Adven and Terrafame have utilized the excess energy of the hydrogen plant in the district heating network in the area. The project received investment support for new energy technology from the Finnish Ministry of Employment and the Economy.

Now Adven and Terrafame have agreed to expand the district heating network to a mining depot, replacing the light fuel oil currently used in the area. Together, all the different measures will bring about an annual reduction of 9,000 tons in CO2 emissions.

Terrafame’s mobile mining equipment is maintained and repaired at the mining depot. The current maintenance hall is about 3,000 square meters. The mining depot has previously been heated with light fuel oil.

Terrafame's battery chemical plant is an investment of approximately 240 million euros and will start operations in 2021. In the battery chemicals plant, Terrafame’s current main product, that is nickel-cobalt sulphide intermediate is further processed for use as raw materials in electric vehicle batteries. The availability of nickel and cobalt is a critical factor in the strong market growth of electric vehicles.