Kainuu ELY Centre approves the notification Terrafame has submitted pursuant to section 123 of the Environmental Protection Act regarding the commissioning of gypsum pond 3

The Centre for Economic Development, Transport and the Environment of Kainuu has on 19 November 2020 issued its decision regarding the notification Terrafame submitted on 3 November 2020 pursuant to section 123 of the Environmental Protection Act regarding the commissioning of gypsum pond 3 due to an exceptional situation.

In its decision, the Kainuu ELY Centre states that it approves the notification Terrafame has submitted pursuant to section 123 of the Environmental Protection Act regarding an exceptional situation. In connection with the decision, the Kainuu ELY Centre has issued regulations concerning, among other things, the use of gypsum ponds and the management of solution circulation.

On 3 November, 2020, Terrafame took into use the new gypsum pond (KS3) even though it does not have an environmental permit yet. The gypsum pond KS3 was designed and built in compliance with requirements and for this very purpose. Terrafame has applied for an environmental permit for gypsum pond KS3 in August 2017. The permit decision was expected to be made by the autumn of 2020, but it has been delayed, which is why the new pond has to be taken into use before the permit decision.

For further information, please contact: Joni Lukkaroinen, CEO, Terrafame Oy, tel. +358 20 7130 800

Terrafame’s purpose is to enhance low-carbon mobility with responsible battery chemicals. Terrafame's integrated production process – which begins in its own mine and ends with battery chemicals on one industrial site – is a unique and energy-efficient entity that provides customers with a transparent, traceable, and truly European battery chemicals production chain. Terrafame will start producing battery chemicals in early 2021 and the new production plant is one of the world's largest production lines for battery chemicals used in EV batteries. The carbon footprint of the nickel sulphate produced by the plant is more than 60% lower than the industry average.

Terrafame Ltd was founded in 2015 and its production facilities are located in Sotkamo, Finland. In 2019, Terrafame’s net sales amounted to EUR 310 million, and the company's industrial site employed approximately 1,500 people, of which around half were employees of its partner companies. www.terrafame.com