2024-06-21 01:15:53
Finnish mining and chemical firm Terrafame has turn out to be the primary within the European Union to mine uranium.
That is said within the firm’s press launch, Day.Az experiences.
In keeping with the data, the mined uranium will probably be transported overseas for additional processing and subsequent use in nuclear vitality manufacturing. The corporate predicts that after commissioning, the plant will attain full capability by 2026, with uranium manufacturing of about 200 tons per 12 months, which corresponds to about 9 months of consumption on the new Olkiluoto 3 nuclear energy plant in Finland.
Terrafame additionally plans to proceed mining different metals all through its operational life, which spans not less than the subsequent 30 years.
The corporate is a Finnish state-owned (56.1%) mining and metals firm working in a 60 sq. m mining space in Sotkamo. km, of which 20 sq. km. In 2023, Terrafame had a turnover of 561 million euros and an working revenue of 94 million euros. The corporate employs roughly 850 workers.
The Finnish Radiation and Nuclear Security Authority (STUK) has granted the corporate permission to mine uranium.
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