AT A GLANCE: Finland's Terrafame posts 4.6% rise in nickel output, 9% uptick in overall sales for 2020

February 26, 2021 / www.metalbulletin.com / Article Link

A summary of Finnish miner Terrafame's financial results for the fourth quarter and full year to December 31, 2020, published by the company on Thursday February 25.

In brief The full-year earnings before interest, taxes, depreciation, and amortization (Ebitda) was ?,?23.8 million ($28.9 million), down from 2019's ?,?32 million.  In the fourth quarter, however, the company's Ebitda was ?,?17.7 million, rising from ?,?700,000 in the same period in 2019.  Terrafame posted a 9% increase in oveall sales in 2020 to ?,?338 million, up from ?,?310.4 million in 2019, due to strong production at the first and last quarters of the year. In the fouth...

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