Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Correction to Finnish Stock Exchange Release: No authority investigation ongoing for a temporary close-down of Talvivaara mining operations

Stock Exchange Release

Talvivaara Mining Company Plc

15 November 2011


    Correction to Finnish Stock Exchange Release: No authority investigation
       ongoing for a temporary close-down of Talvivaara mining operations


Talvivaara Mining Company Plc. has corrected the date of the Kainuu ELY Centre
ruling from 10 April to 4 October in the Finnish Stock Exchange Release: "No
authority investigation ongoing for a temporary close-down of Talvivaara mining
operations" released on 15 November 2011 at 3.12 p.m. UK time, 17:12 Finnish
time. This correction does not concern the English Stock Exchange Release.



ENQUIRIES

Talvivaara Mining Company Plc. Tel: +358 20 7129 800

Pekka Perä, Chief Executive Officer

Pekka Erkinheimo, Chief Commercial Officer

Talvivaara Mining Company Plc

Talvivaara Mining Company is an internationally significant base metals producer
with its primary focus on nickel and zinc using a technology known as
bioheapleaching to extract metals out of ore. Bioheapleaching makes extraction
of metals from low grade ore economically viable. The Talvivaara deposits
comprise one of the largest known sulphide nickel resources in Europe. The ore
body is estimated to support anticipated production for several decades.
Talvivaara has secured a 10-year off-take agreement for 100 per cent of its main
output of nickel and cobalt to Norilsk Nickel and entered into a long-term zinc
streaming agreement with Nyrstar NV. Talvivaara is listed on the London Stock
Exchange Main Market and NASDAQ OMX Helsinki and is included in the FTSE 250
Index. Further information can be found at www.talvivaara.com.


[HUG#1564086]

Attachments:

Correction to Finnish Stock Exchange Release: No investigation ongoing.pdf