Talvivaara spends 13m euros on environmental technology

Talvivaara Mining Company, the Finland focused nickel and zinc miner, has invested over 13m euros in environmental technology after signing a contract with a Dutch company for the delivery of a reverse osmosis-based water treatment system.

The four million euro facility, which has two production lines, with the option of a third, will be commissioned by the end of November 2012.

The company has also purchased a four million euro catalytic burning unit from a Finnish technology company, in an effort to eliminate odour emissions.

MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up

In addition, the firm has invested €3.1m in increasing the recycling of process waters, reducing the need for water intake from surrounding lakes and minimising sulphate and manganese content in the water.

This means that the company will now achieve its lower permit limits, previously set for 2015, in early 2013.

In June of this year the miner will also put in place a new dust removal system in the materials handling screening hall, at a cost of two million euros.

NR