The consideration of charges relating to the industrial accident of March 2012 at Talvivaara mine has been completed

Stock Exchange Release
Talvivaara Mining Company Plc
22 October 2014




The consideration of charges relating to the industrial accident of March 2012
                     at Talvivaara mine has been completed


The  consideration of charges, which related to the industrial accident of March
2012 at  the mine site  of Talvivaara Mining  Company Plc's ("Talvivaara" or the
"Company")  operating subsidiary Talvivaara  Sotkamo Ltd ("Talvivaara Sotkamo"),
has been completed. Following the accident an employee of Talvivaara Sotkamo who
was  not wearing appropriate safety equipment lost  his life due to a localised,
temporary excess gas discharge nearby the metals recovery plant.

Three  former managers of Talvivaara Sotkamo's metals recovery plant are charged
with  involuntary  manslaughter  and  work  safety  offence.  The  prosecutor is
requesting  a fine to be imposed on  the accused. The prosecutor has decided not
to  bring charges against five persons  heard as suspects. Persons being charged
include  no current or former members  of the Executive Committee of Talvivaara.
The  prosecutor also requests a corporate fine  of 60 000 euros to be imposed on
Talvivaara Sotkamo.

The Company has previously stated that, in its view, no crime has been committed
in this very unfortunate incident. The now completed pre-trial investigation and
consideration  of charges have given  the Company no reason  to change its view,
and  the  Company  does  not  share  the  prosecutor's view of the threshold for
charges  having been met.  However, following the  accident the Company has paid
further  attention on operating procedures to  improve work safety especially at
the metals recovery plant area.


Enquiries
Talvivaara Mining Company Plc Tel +358 20 7129 800
Pekka Perä, CEO
Pekka Erkinheimo, Head of Legal & Commercial



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  NASDAQ OMX
Helsinki. Further information can be found at www.talvivaara.com.



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