Continuous development of Mining Industry
The mining and mineral field is undergoing a strong expansion in Northern Finland and growing strongly in Kainuu region. Kainuu, is part of the Fennoscandian Shield, a physiographic region of extremely high ore potential; The potential can be roughly divided into three categories: the exploitation of industrial minerals, rock, and metallic minerals. The region is also rich in other soil materials needed in industry and construction, such as sand, gravel, rock suitable for crushing, and peat.
In addition to the impact on employment, business and marketing expertise and international contacts in the regions stone and minerals sector have increased dramatically and will continue to develop in the coming years. The Finnish Government has also promoted mining industry with a variety of measures, including training of skilled personnel, construction of roads and railways, and providing funding for research.
Mondo Minerals Ltd.
Mondo Minerals is the worlds second largest talc producer. They are currently supplying customers in over 70 countries. Mondo Minerals own talc mines and operate highly efficient factories in Sotkamo municipality in central Finland. They offer three distinct product lines - Finntalc, Microtalc and Plustalc. These three product lines comprise highly specialized, valuable additives for paper, paints and coatings, plastics, cordierite ceramics, consumables, personal care and pharmaceutical products.
Terrafame Mining Ltd.
The Finnish mining company Terrafame produce primarily nickel and zinc by bioheapleaching at its mine located in Sotkamo. They strive for environmentally friendly, sustainable and profitable operations. Terrafame is owned by Terrafame Group Ltd., which is wholly-owned by the State of Finland.