Anna Hyvönen and Mikko Keto appointed to Normet Board of Directors

Antti Petter Kontiainen has been appointed as General Manager for Boliden Kokkola. He will take up the position on the 1st of January 2019. He replaces Jarmo Herronen who will take up a new position within Boliden.

Keliber Oy has commenced test program concerning the production of lithium hydroxide.

Boliden has agreed with Komatsu to purchase 17 new haul trucks to the Kevitsa mine and 9 new haul trucks to the Aitik mine at a total price of SEK 900 m. The investment will support expanding operations, insourcing of transports and a partial replacement of the existing truck fleet.

Boliden Kevitsa Mining Oy has awarded Pöyry with the project management and engineering services assignment for the production expansion of Boliden's mineral processing plant in Sodankylä, Finland.

As part of the development of its mining processes, the largest goldmine in Europe — located in Kittilä, the far north of Finland — has invested in ABB’s production and personnel hoists. This investment will contribute to increasing the capacity of the mine and reducing the use of fossil fuels.

The Tunnel Boring Seminar was organised in cooperation by Pöyry, A-Insinöörit and Finest Bay Area Development and focused on TBM technology and its potential for Helsinki-Tallinn tunnel project.

Normet posted a very strong first half of year 2018. Turnover grew by 24% and earnings before depreciations and amortizations (EBITDA) more than doubled in comparison to the same period in 2017. Full year 2018 forecasts for both turnover and earnings have been increased.

Skanska has signed a contract with Länsimetro Oy to build a metro station in Kivenlahti, Espoo, Finland. The contract is worth EUR 51 M, about SEK 520 M, which will be included in the Nordic order bookings for the second quarter 2018.

Ville Pasanen (45), M. Sc (Econ), has been appointed as Chief Financial Officer for Normet Group. The appointment is effective September 1st, 2018. Ville will be based at Normet Espoo office.

Nordic Mining’s associated company Keliber Oy (Nordic Mining 22%) has completed the definitive feasibility study for the lithium project in Finland. The study confirms a profitable business case and outlines the plans for execution of the project. Keliber targets to be the first vertically integrated producer in Europe of battery grade lithium carbonate.

Mari Puoskari, President of Pöyry Environment, has left Pöyry and is moving to new challenges outside the company. She joined Pöyry in February 2017.

Keliber has submitted a supplement for the EIA program of the lithium chemical plant to the coordinating authority.

Keliber has submitted the environmental and water permit application to the Regional State Administrative Agency of Inner and Western Finland regarding the Syväjärvi lithium mine.

Endomines Oy commences co-operation negotiations with its whole personnel at the Pampalo mine in Ilomantsi, Finland, on reduction of workforce. The negotiations concern approximately 40 employees and according to initial estimates may at most lead to the lay-off for more than 90 days and/or termination of 32 employees on productional or economic grounds.

Robots will play an increasingly important role in business and life in general, going forward. Digitalization, machine learning and artificial intelligence are fast-forwarding advancements and opportunities.

Agnico Eagle Finland Oy has awarded Pöyry with the Engineering, Procurement and Construction Management (EPCM) assignment for the expansion investment of the Kittilä gold mine. The assignment includes services for the gold mine expansion project that will be carried out between 2018 and 2021.

The Nomination committee of Endomines AB has prepared its proposal for the appointment of the Board of Directors at the Company’s forthcoming Annual General Meeting on 19 April 2018.

Outokumpu has awarded Pöyry with the detail engineering, project and site services assignment for the expansion project of the Kemi mine.

Boliden has decided to expand the Kevitsa copper-nickel mine and Harjavalta copper-nickel smelter. In total, EUR 125 m will be invested until 2020.