At the end of 2019, the value of our shareholdings totalled EUR 438.4 million. Our largest holding was in our subsidiary Terrafame Oy, of which we owned 71.8 per cent.
In 2019 Terrafame’s production of its main product, nickel, was record-high 27,468 tonnes. The company’s net sales totalled EUR 310.4 million and EBITDA was EUR 32.0 million positive.
Finnish Minerals Group informs about its operations regularly in its annual report. Until May 2018, the company operated under the name Terrafame Group Oy.