The project is advancing as planned across multiple fronts: permitting, technical design, by-product utilization, and sustainability goals are reinforcing one another and driving the project forward. We’ve continued active dialogue with potential customers and financiers – and received positive feedback on the project’s progress.
🌿 Environmental focus
• Baseline monitoring of surface and groundwater continues – surface water is monitored at nine points along the planned discharge route, all the way to Lake Kiantajärvi.
• Long-term behavior of mining waste is being studied through humidity chamber tests.
• In summer, we conducted supplementary nature surveys related to the conservation values of the Portinvaara Natura area.
• We are awaiting a request for additional information regarding the environmental permit application submitted in May 2025.
⚙️ Technological development
• Energy and material efficiency of the beneficiation technology was improved through early-year studies, which were tested at GTK/Mintec.
• Based on the results, we will update the preliminary design of the concentrator – aiming for significant cost efficiency.
• Technical design is also progressing in talc concentrate drying and fine grinding trials.
🧪 Magnesite – a critical mineral in focus
• Utilizing the magnesite in tailings would support the EU’s goals for critical raw material self-sufficiency – over 90% of the magnesite used in the EU is currently imported from China.
• We continue preliminary studies on how best to advance the value-creation and utilization of magnesite.
🌍 Towards sustainable mining
• Our goal is to establish sustainable and impactful practices for natural resource use and environmental responsibility.
• We will define clear sustainability targets and corresponding metrics to monitor progress.
Environmental permit application for the Suomussalmi talc project has been announced for public notice
Apr 02, 2026
The environmental permitting process for the project is progressing as planned. The permit application was prepared on the basis of the Environmental Impact Assessment Report and was supplemented as requested by the authorities. The supplements were deemed sufficient, and on 2 April 2026 the Permit and Supervisory Authority (LVV) announced the public notice for the environmental and water management permit application concerning the Suomussalmi talc project.
