Suomussalmi talc project receives EUR 1.6 million R&D loan from Business Finland

Nordic Talc Oy has submitted the Environmental Impact Assessment report (EIA report) of the Suomussalmi talc reserves utilization project to the Centre for Economic Development, Transport, and the Environment of Kainuu (ELY center), which acts as the liaison authority, on June 27, 2024.

Nordic Talc Oy and Kajave Oy have agreed to start planning a new power line connection. The new power line connection enables the power needed for Nordic Talc’s production. At the same time, it strengthens Ylä-Kainuu’s distribution network and also enables the development of other business activities, tourism and green transition projects in the area.

In the project, both the suitability of the by-product of the talc project for further processing, as well as its product properties and utilization possibilities were investigated. The main goals of the project were achieved and, based on the results obtained, it is possible to choose possible methods and application areas suitable for further processing.

North Ostrobothnia’s Centre for Economic Development, Transport and the Environment has granted Nordic Talc Oy a company development grant from the Just Transition Fund (JTF) for the by-product assessment of the Suomussalmi talc project.

Based on the application test results, Nordic Talc talc product is very competitive in quality compared to commercial talc products.

Tulikivi Oyj has completed the project “Study on the geology and geotechnical engineering of the Haaponen deposit and the usability of the mineral for the manufacture of selected products on an industrial scale”, for which it has received a business development grant from the Centre for Economic Development, Transport and the Environment for Northern Ostrobothnia. The grant received has been very significant in moving the project forward.

Resident and stakeholder survey’s info and discussion event on August 15, 2023

In the winter of 2022-2023 and spring 2023, Tulikivi has progressed in the prefeasibility study of the Suomussalmi talc project, the aim of which is to refine the project’s financial profitability, environmental and both mining and process technical plans for industrial operations.

Business Finland has granted Tulikivi Corporation a EUR 1.6 million R&D loan to finance the ‘Carbon Neutral Talc Mine and Process’ project.

Nordic Talc Oy is pleased to announce that we have joined the United Nations Global Compact initiative — a voluntary leadership platform for the development, implementation, and disclosure of responsible business practices.

The new website for Nordic Talc is now live. Our goal is to provide open and clear communication about the project.

Tulikivi mineral resources in Suomussalmi increase by 10 million tonnes
Tulikivi has carried out additional drilling and surveys and updated the JORC mineral resource estimate for the Haaponen talc deposit in the mining district of its Suomussalmi plant.