![]() ![]() "Getting the uranium plant operational will take roughly a year," Terrafame said in a statement on Thursday, but noted the start could be further delayed by two years if the government decision faces appeals. Terrafame took over the mine back in 2015 after environmental hurdles had led the mine to file for bankruptcy. ![]() It plans to produce uranium at a mine that has been producing nickel for years, and was previously known as Talvivaara, in the Kainuu region. Terrafame is backed by commodities house Trafigura. The announcement by the government confirmed a Reuters report on Wednesday. HELSINKI, Feb 6 (Reuters) - The Finnish government gave the green light on Thursday for state-owned Terrafame to extract and refine uranium in eastern Finland, paving the way for the country's first uranium mining on a commercial scale.
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