A drop in the nickel sulphate market in China decreased Terrafame's operating result while basic production remained at a good level
The financial information presented about Terrafame Ltd in this release consists of unaudited FAS figures. The figures in brackets refer to the corresponding period of the previous year unless otherwise stated. April−June 2023 in brief: · Net sales from the battery chemicals business operations decreased to EUR 32.1 (53.4) million, or around 35% of the company’s total net sales. The decline was due to a significant drop in the nickel sulphate market in China, which resulted in Terrafame's decision to stop production at its battery chemicals plant in June–July. · Net sales from