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UPDATE 1-Talvivaara expects uranium permit by February

* Previously expected permit late this year

* Shares down 2 percent

(Adds Talvivaara CFO comment, share reaction)

HELSINKI, Oct 8 (Reuters) - Finnish miner Talvivaara

said it should receive a permit to extracturanium in January or February, a few months later than expectedand possibly delaying production at its mine in Sotkamo, easternFinland.

Sotkamo mainly produces nickel and zinc, and Talvivaara hasapplied for permission to extract uranium, a by-product.

News agency STT reported the approval process had beenslowed by 150 appeals from citizens and non-governmentalorganisations.

"They (authorities) have indicated that there will probablybe a few weeks delay," finance director Saila Miettinen-Lahdetold Reuters on Monday. "So, we are talking about January orFebruary."

The delay was unlikely to have a significant impact on thebusiness, adding that the facility to extract uranium was almostready, she said.

Talvivaara has estimated annual production could be around350 tonnes of uranium metal, and has agreed to sell uranium toCanadian group Cameco .

Local authorities were not available for comment.

Talvivaara shares, listed in Helsinki and London, were down2 percent on both bourses.

(Reporting by Terhi Kinnunen; Editing by Dan Lalor)

(terhi.kinnunen@thomsonreuters.com; +358 9 680 50 243; ReutersMessaging: terhi.kinnunen.thomsonreuters.com@reuters.net)

Keywords: TALVIVAARA URANIUM/