XM does not provide services to residents of the United States of America.

Finnish forestry firms pledge to protect wildlife after endangered mussels crushed



<html xmlns="http://www.w3.org/1999/xhtml"><head><title>Finnish forestry firms pledge to protect wildlife after endangered mussels crushed</title></head><body>

By Essi Lehto and Elviira Luoma

HELSINKI, Sept 10 (Reuters) -Finnish forestry companies will work with the government to protect wildlife and avoid a repeat of an incident in August when endangered river pearl mussels were crushed by forestry machines, Environment Minister Kai Mykkanen said.

"Today we met with the top management of main forest companies to start a process which will bring back trust that these kinds of cases won't happen again," Mykkanen told reporters in an online briefing on Tuesday.

Thousands of river pearl mussels were crushed last month when forestry machines transported logs across a river at a Stora Enso STERV.HE logging site in northern Finland.

Scientific diver Myyri Sysivesi was first to discover the damage when she arrived on the logging site with a colleague to research the pearl mussels.

"We heard the forestry machine... and immediately noticed that everything is not as it should be in the river. The whole riverbed was covered in thick sludge," she told Reuters.

Sysivesi said she and her colleague found shattered shells and dead mussels near the point where the forestry machine had crossed the river, adding that sludge and dirt had deprived the shellfish of the oxygen-rich gravel that they need to live.

Finnish police have said they are investigating the incident as a case of serious environmental crime.

Stora said crushing the mussels was a result of communication and IT problems and human error. It suspended logging in environmentally protected areas for two weeks and said it would pay for restoration of the river.

In its own investigation, Stora found similar damage on another logging site, saying it would monitor log harvesting better in the future.

Finland is a major producer and exporter of pulp, paper and other products that are based on logging in the country's vast forests.



Reporting by Essi Lehto and Elviira Luoma in Helsinki; Editing by Ros Russell

</body></html>

Disclaimer: The XM Group entities provide execution-only service and access to our Online Trading Facility, permitting a person to view and/or use the content available on or via the website, is not intended to change or expand on this, nor does it change or expand on this. Such access and use are always subject to: (i) Terms and Conditions; (ii) Risk Warnings; and (iii) Full Disclaimer. Such content is therefore provided as no more than general information. Particularly, please be aware that the contents of our Online Trading Facility are neither a solicitation, nor an offer to enter any transactions on the financial markets. Trading on any financial market involves a significant level of risk to your capital.

All material published on our Online Trading Facility is intended for educational/informational purposes only, and does not contain – nor should it be considered as containing – financial, investment tax or trading advice and recommendations; or a record of our trading prices; or an offer of, or solicitation for, a transaction in any financial instruments; or unsolicited financial promotions to you.

Any third-party content, as well as content prepared by XM, such as: opinions, news, research, analyses, prices and other information or links to third-party sites contained on this website are provided on an “as-is” basis, as general market commentary, and do not constitute investment advice. To the extent that any content is construed as investment research, you must note and accept that the content was not intended to and has not been prepared in accordance with legal requirements designed to promote the independence of investment research and as such, it would be considered as marketing communication under the relevant laws and regulations. Please ensure that you have read and understood our Notification on Non-Independent Investment. Research and Risk Warning concerning the foregoing information, which can be accessed here.

Risk Warning: Your capital is at risk. Leveraged products may not be suitable for everyone. Please consider our Risk Disclosure.