1. Mining info
September 2013

2. What is Invest in Finland?
National Investment Promotion Agency of Finland, part of Finpro
Consulting services to foreign companies
Greenfield investments
M&A’s
R&D units
Search for business opportunities
Fully funded by Ministry of Employment and the Economy
Services are free of charge to foreign companies
Confidentiality
Tuomo Airaksinen

3. Invest in Finland services for international companies
Data collection
Opportunity analysis
Networking
Entry alternatives
Location management
Setting up a business

4. Our Team n.n. China Thank you for your time & attention
Our Team
n.n. China
Thank you for your time & attention
On my personal behalf & on behalf of whole Invest in personnel
All happy to answer any further questions you may have !
Further information also from:

5. Strategic Selections: Focus on Selected Offerings
Wind power
High-tech SW
R&D and innovation
Mining
Why ?
Good potential for High Value investments (number of jobs, sum of investment)
Companies – in general – invest only in two things:
Growth (Market)
Competence (Technology, RDI)
In all these offerings there is either worldclass & wide competence or major market (several billion €) available in Finland
Green Building
Tourism
Datacenters

6. Mining in Finland
Presentation name / Author

7. Mining in the Nutshell €1.5 billion turnover in mines (2012)
Metal mine
Industrial minerals
Kittilä
gold
Kevitsa nickel
Pahtavaara gold
Raahe
Kemi
chrome
Hitura
nickel
Pyhäsalmi
Copper-zinc
Talvivaara
Nickel-zinc
Jokisivu
Parainen
calcite
Ilomantsi
Lappeenranta
Orivesi
Lahnaslampi
talc
Kylylahti
copper
Polvijärvi
Lohja
Siilinjärvi
phosphorus
€1.5 billion turnover in mines (2012)
52 operating mines
55 projects at conceptual/ prefeasibility
€81 million in exploration (2011)
€1.3 billion mine development investments (2008–2011)
€3 billion mine development investments (2012–2017)
€2.5 billion turnover in mines (in 2015)
30,000 employees in the mineral cluster
Large unexploited deposits remain
Source: ETLA 2011

8. Incentives & programmes
Finnish State Investments
€60 million – Green Mining program (2011–2016)
€70 million – Mining infrastructure investments
€30 million – allocation for “start-ups” in 2012
€610 million – Current state ownership in the mining cluster
Development and investment grants for growth %

9. Opportunities Service & maintenance providers Engineering companies
Consultants
Security systems and services
Investors
Logistics and infra operators

10. Base metals - mines and current projects in September 2012
Name of the mine or project
Metals
Owner
Sakatti
Nickel, copper, PGE
AA Sakatti Mining Oy
Kuhmo
Nickel
Altona Mining Ltd
Outokumpu / Kylylahti
Cu, Au, Zn, Ni, Co
Anglo American Exploration B.V.
Hitura
Belvedere Resources Finland Oy
Läntinen Koillismaa (LK)
Nickel, PGE
Finore Mining Inc.
Kevitsa
First Quantum Minerals Ltd.
Pyhäsalmi
Zinc, copper, pyrite
Inmet Mining Corp.
Talvivaara
Talvivaara Mining Co.
Riikonkoski
Copper, gold
Taranis Resources Inc.
Rautavaara
Nickel, zinc, copper
Western Areas NL & Magnus Minerals Oy – Joint Venture
Mining operations and projects in Finland

11. Precious metal mines and current projects in September 2012 - page 1
Name of the mine or project
Metal
Owner
Iso-Kuotko
Gold
Agnico-Eagle Ltd
Kittilä
Hanhimaa
Dragon Mining
Kuusamo
Orivesi
Jokisivu
Kaapelinkulma
Kettukuusikko
Taranis Resources Inc.
Naakenavaara
Kiekerömaa
Tertiary Minerals Plc
Rompas
Gold and uranium
Mawson Resources Ltd
Mining operations and projects in Finland

12. Precious metal mines and current projects in September 2012 - page 2
Name of the mine or project
Metal
Owner
Suhanko-Konttijärvi
Platinum group elements
Gold Fields Arctic Platinum
Laiva
Gold
Nordic Mines Ab
Hirsikangas
Belvedere Resources Finland Oy
Ägnesneva
Otsikonmäki
Kopsa
Pahtavaara
Lappland Goldminers Ab
Haveri
Taivaljärvi
Silver
Sotkamo Silver AB
Pampalo
Endomines AB
Seinäjoki
Gold, antimony
Nortec Minerals Corp.
Mining operations and projects in Finland

13. Thank You! Contact us! www.investinfinland.fi Raine Vasanoja Director
Sweden
tel: