Terrafame Oy

Minerals & Mining · Finland · 501-1,000 Employees

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Overview

Headquarters

Malmitie 66, Tuhkakylä, Kainuu, 88120, F...

Phone Number

+358 207130800

Revenue

$175.6 Million

Industry

Minerals & Mining Manufacturing Chemicals & Related Products
ZI Rank: 1
Signal Type
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ZI Rank
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About Terrafame Oy

Terrafame specializes in producing battery chemicals with the smallest carbon footprint in the market, utilizing an energy-efficient bioleaching method. The company ensures supply reliability through Europe's largest nickel reserves and one of the world's largest battery chemical plants. They primarily serve clients in the global battery industry, providing nickel and cobalt sulfates for approximately one million electric vehicles annually, as well as zinc and copper sulfides for metal processing customers. Terrafame is committed to promoting cleaner transportation and contributing to a low-emission society.Explore more
Terrafame Oy's Social MediaPopular SearchesTerrafame OyTerrafame LtdTerrafameTerrafame Group LtdSIC Code 10,102NAICS Code 21,212Show more

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Terrafame Oy financials insights

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2017

Private Equity

$290.5M

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Terrafame Oy Tech Stack

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Terrafame Oy News & Media

  • Terrafame initiates change negotiations due to a challenging market situation

    In 2024, Terrafame’s business environment has continued to be difficult, mainly due to the slower than estimated progress of the electrification of mobility, especially in Europe, as well as the clearly lower market prices of metals and battery chemicals compared to the previous year. The company estimates that the battery chemicals market will continue to be challenging in late 2024 and early 2025. In addition, Terrafame expects the Vaasa Administrative Court to make final decisions
  • Terrafame applied for a strategic project status for the exploitation of the Kolmisoppi ore deposit under the EU’s Critical Raw Materials Act

    Terrafame has submitted an application to the European Commission seeking a strategic project status for the Kolmisoppi project under the European Union’s Critical Raw Materials Act (CRMA). The CRMA came into effect in May 2024 and aims to sustainably ensure the availability of raw materials that are critical and strategic in terms of Europe’s economy and clean transition. The CRMA covers more than 30 raw materials, defining the battery grade nickel produced by Terrafame as
  • Terrafame has started uranium recovery

    Terrafame has on 18 June 2024 started recovering natural uranium on its industrial site in Sotkamo, Finland. Before the recovery was commissioned, the Finnish Radiation and Nuclear Safety Authority (STUK) conducted a commissioning inspection at the uranium recovery plant and found that the plant can be commissioned safely. The company’s production process enables the low concentration of natural uranium found in the ore to be used as a by-product. The uranium recovered by Terrafame will
  • Appointments to Terrafame Ltd's Leadership Team

    As of 1 June 2024, the battery chemicals company Terrafame Ltd has appointed Mr David Garcia-Balbuena, M.Sc., as the Chief Production Officer and a member of the Leadership Team, as well as Mr Kristian Granit, M.Sc. (Process technology), as the Chief Services Officer and a member of the Leadership Team. They will report to Seppo Voutilainen, the CEO of Terrafame Ltd. David Garcia-Balbuena has moved to the Leadership Team from his position as the Head
  • Terrafame’s operating result was at a good level in a challenging market

    The financial information presented about Terrafame Ltd in this media release consists of unaudited IFRS figures. The figures in brackets refer to the corresponding period in the previous year unless otherwise stated. January−March 2024 in brief: · Net sales were EUR 130.0 (172.7) million, representing a decrease of 24.7% year-on-year. · Net sales from the battery chemicals business decreased to EUR 35.6 (66.2) million, or 27.4% (38.3) of the company’s total net sales. Net sales
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Frequently Asked Questions Regarding Terrafame Oy

What is Terrafame Oy's official website?
Terrafame Oy's official website is www.terrafame.fi
What is Terrafame Oy's Revenue?
Terrafame Oy's revenue is $175.6 Million
What is Terrafame Oy's SIC code?
Terrafame Oy's SIC: 10,102
What is Terrafame Oy's NAICS code?
Terrafame Oy's NAICS: 21,212
How many employees does Terrafame Oy have?
Terrafame Oy has 501-1,000 employees
What industry does Terrafame Oy belong to?
Terrafame Oy is in the industry of: Minerals & Mining, Manufacturing, Chemicals & Related Products
What technology does Terrafame Oy use?
Some of the popular technologies that Terrafame Oy uses are: Google Universal Analytics, Cloudflare CDN, Adobe Typekit, Google Font API
How do I contact Terrafame Oy?
Terrafame Oy contact info: Phone number: +358 207130800 Website: www.terrafame.fi
What does Terrafame Oy do?

Terrafame specializes in producing battery chemicals with the smallest carbon footprint in the market, utilizing an energy-efficient bioleaching method. The company ensures supply reliability through Europe's largest nickel reserves and one of the world's largest battery chemical plants. They primarily serve clients in the global battery industry,... providing nickel and cobalt sulfates for approximately one million electric vehicles annually, as well as zinc and copper sulfides for metal processing customers. Terrafame is committed to promoting cleaner transportation and contributing to a low-emission society.Read More

What are Terrafame Oy social media links?
Terrafame Oy Linkedin page
Who invested in Terrafame Oy?
Terrafame Oy has 2 investors including Trafigura and Sampo.
Is Terrafame Oy a public company?
Terrafame Oy is private company therefore does not currently have an official ticker symbol
See more information about Terrafame Oy

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