Terrafame’s Sustainability Review published

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MEDIA RELEASE Terrafame has today published its Sustainability Review that describes the progress of the company's Sustainability Programme for 2020-2024. The Review also describes sustainability developments in early 2021.

The Review can be found on Terrafame’s website at www.terrafame.com > Terrafame Ltd > Reporting and as attachment to this release.

Furher information:

Sanna Päiväniemi, Chief Communications Officer, Terrafame Ltd, tel. +358 20 7130 800 (switchboard), sanna.paivaniemi(at)terrafame.fi

Terrafame enhances low-carbon mobility by supplying the global battery industry with responsibly produced battery chemicals. At its industrial site in Finland, Terrafame operates one of the world's largest production lines for battery chemicals used in electric vehicle (EV) batteries. The plant has capacity to supply nickel sulphate for about one million electric cars per year. The carbon footprint of the nickel sulphate produced by Terrafame is one of the lowest in the industry average.

Terrafame's integrated production process – which begins in its own mine and ends with battery chemicals on one industrial site – is unique and energy-efficient. It provides customers with a transparent, traceable, and truly European battery chemicals production chain in a world of scarcity.

Terrafame Ltd was founded in 2015. In 2020, Terrafame’s net sales amounted to EUR 338 million. The company's industrial site employs approximately 1,600 people, of which about half are employees of its partner companies.