The ELY Centre delivered its assessment at the University of Helsinki’s Ruralia Institute, where it explained Talvivaara’s options for successful restructuring.
The centre made a ballpark estimation of the amount of investment the mining firm would need to make into environmental issues in the period 2014-2020. If the company's production does not increase from current levels –approximately 15,000 tons of nickel annually – the company will have to invest at least 98 million euros in the environment.
In the event of Talvivaara raising its production to the permitted environmental limit of 30,000 tonnes, the ELY Centre estimates that required environmental investments will increase to 195 million.
