Nikel, Russia

History

In the 1920 Treaty of Tartu, Soviet Russia ceded the area of Petsamo to Finland. In the 1930s huge reserves of nickel were found on fells nearby. The amount was estimated to be five million tons. In 1934, the Finnish government awarded the mining right to the British Mond Nickel Co, subsidiary of International Nickel Co (Inco), that founded the Petsamon Nikkeli Oy mining company. The company began building a railway, as well as other infrastructure, between the town, then known as Kolosjoki, and Liinahamari harbor.

In the Winter War of 1939–1940, the Soviet Union occupied Petsamo. In the following peace agreement only the Finnish part of the Rybachy Peninsula was ceded to the Soviet Union, although the Soviets had occupied all of Petsamo during the war. In summer 1940, the Finnish government took over the mines from the British company. The first mining operations began in the same year. During World War II, the ore was mainly sold to Germany. The hydro power plant in Jäniskoski started operations in 1942, making it possible to smelt the ore locally.

From the History section of Nikel on Wikipedia, under CC BY-SA 4.0.