Terrafame’s Financial Review 2021 is published

NEWS Terrafame Ltd’s Financial Review 2021 has been published today. The Financial Review includes the Board of Directors' Review and the Financial Statements (FAS) for the period 1 January–31 December 2021.

In addition, Terrafame has published its Corporate Governance Statement and Remuneration Report for 2021.

All documents are attached to this news release in pdf format and they are also available at www.terrafame.com.

For further information, please contact:

Joni Lukkaroinen, CEO, Terrafame Ltd, tel. +358 20 7130 800 (switchboard), joni.lukkaroinen(at)terrafame.fi
Ville Sirviö, CFO, Terrafame Ltd, tel. +358 20 7130 800 (switchboard), ville.sirvio(at)terrafame.fi

Terrafame reduces the carbon footprint of transport 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 2021 were EUR 378 million. Around 1,500 people work on its industrial site, half of whom are employees of partner companies.