Terrafame’s Sustainability Review has been published

Terrafame has published its 2022 Sustainability Review. The review will cover highlights of the reporting period, such as the nickel sulphate supply contracts agreed with Renault Group and Stellantis, successes in occupational safety development and progress in sustainability work.

Terrafame's vision is to be one of the most cost-effective and responsible producers of battery chemicals in the world and the company aims for carbon neutrality in its production by 2039. The carbon footprint of nickel sulphate produced by Terrafame is already among the smallest in the industry – thanks to the bioleaching based production process located in one industrial area is energy efficient. This will allow electric car manufacturers like Renault and Stellantis to reduce emissions from making electric cars and ensure traceability of battery chemicals.

Terrafame is constantly developing its operations. The safety and efficiency development project, which lasted for the past two years, ended at the end of 2022. The development of operational efficiency and occupational safety will continue in accordance with the principles of continuous improvement.

Further information:

The Sustainability Review is available on the Company's website at www.terrafame.com > Company > Reports and publications as well as attached to this web news.

Terrafame enhances low-carbon mobility by delivering responsibly produced battery chemicals to the global battery industry. One of the world’s largest production lines for chemicals used in electric car batteries is located on Terrafame’s industrial site. The plant is capable of producing nickel sulphate for around 1 million electric cars per year. The carbon footprint of the nickel sulphate produced by Terrafame is among the smallest in the industry.

Terrafame’s integrated, unique and energy-efficient production process from the mine to battery chemicals is located on a single industrial site. It provides customers with a transparent, traceable and truly European battery chemical supply chain.

Terrafame Ltd was founded in 2015. Its net sales in 2022 were EUR 584 million. Around 1,500 people work on its industrial site, half of whom are employees of partner companies.