Requested clarifications provided to the Finnish Safety and Chemicals Agency - Metals recovery plant to be re-started
Stock Exchange Release
Talvivaara Mining Company Plc
5 April 2012
Requested clarifications provided to the Finnish Safety and Chemicals Agency -
Metals recovery plant to be re-started
Talvivaara Mining Company Plc. ("Talvivaara" or the "Company") has on 3-5 April 2012 provided the Finnish Safety and Chemicals Agency with the requested clarifications relating to occupational safety procedures at the Talvivaara mine. The Company is also completing the maintenance work planned to be carried out during the maintenance stoppage, as well as all occupational safety enhancing and securing measures. Following the clarifications provided, the Finnish Safety and Chemicals Agency has confirmed that the clarifications are satisfactory, and the Company will re-start the metals recovery plant subsequent to completion of the maintenance work. Metals production is expected to reach the planned capacity during the next few days.
A safe working environment and safe working practices continue to be the first priorities for Talvivaara. The Company's employees are committed to continuous development of the operations and working environment in order to reach Talvivaara's zero-accident target on occupational safety.
ENQUIRIES
Talvivaara Mining Company Plc. Tel: +358 20 7129 800
Lassi Lammassaari, Chief Operations Officer
Talvivaara Mining Company Plc
Talvivaara Mining Company is an internationally significant base metals producer with its primary focus on nickel and zinc using a technology known as bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction of metals from low grade ore economically viable. The Talvivaara deposits comprise one of the largest known sulphide nickel resources in Europe. The ore body is estimated to support anticipated production for several decades. Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main output of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc streaming agreement with Nyrstar NV. Talvivaara is listed on the London Stock Exchange Main Market and NASDAQ OMX Helsinki and is included in the FTSE 250 index. Further information can be found at www.talvivaara.com.
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