Talvivaaran Kaivososakeyhtiö Oyj - Company Announcement

Talvivaara Mining Company Plc: Clarifications requested by the Finnish Safety and Chemicals Agency

Stock Exchange Release

Talvivaara Mining Company Plc

2 April 2012



      Clarifications requested by the Finnish Safety and Chemicals Agency

The  Finnish Safety and  Chemicals Agency TUKES  has requested Talvivaara Mining
Company  Plc  ("Talvivaara"  or  the  "Company")  to  provide a clarification on
occupational  safety procedures at the  Talvivaara mine. Talvivaara is currently
carrying  out a normal maintenance stoppage at the mine, and the Company expects
to  be in a  position to deliver  the requested clarifications  during the early
part  of the current week. Therefore the Company does not expect the maintenance
stoppage to be extended due to the request from TUKES.

During  the maintenance stoppage,  which was started  prior to request by TUKES,
Talvivaara  has paid special attention on the  areas mentioned in the request by
TUKES. A safe working environment is a key focus area for Talvivaara.


ENQUIRIES

Talvivaara Mining Company Plc Tel: +358 20 7129 800
Lassi Lammassaari, Chief Operations Officer
Eeva Ruokonen, Chief Sustainability 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#1599375]

Attachments:

Clarifications requested by the Finnish Safety and Chemicals Agency.pdf