Outotec to deliver its third ferrochrome plant in China
Outotec has agreed with Mintal Group on the design and delivery of a ferrochrome plant for Mintal in Baotou, China. This is Outotec's second ferrochrome plant delivery for Mintal, and a third altogether in China. The contract value exceeds EUR 25 million and has been booked in Outotec's 2015 fourth quarter order intake.
Outotec's scope of delivery includes engineering and supply of proprietary and other key equipment for a Steel Belt Sintering plant with an annual capacity of 700,000 tonnes of sintered pellets and two 75 MVA smelting furnaces with preheating technology. The new plant will produce annually 300,000 tonnes of ferrochrome and it is estimated to become operational in 2016.
"Mintal's strategy is to become one of the largest ferroalloy producers and a significant stainless steel producer in China. Mintal and Outotec started co-operation in 2011 when the first Outotec® Ferrochrome Process in China was delivered, and soon after Mintal sought to expand its plant's production. The need for sustainable and energy efficient technologies is ever more important to the Chinese industry and Outotec's technological leadership is answering this call. We are very proud to be able to support Mintal in their strategy", says Robin Lindahl, President of Metals, Energy & Water business unit at Outotec.
source: Outotec
Top News
Five last month
Two last year
Glencore posts lower metals output for first nine months, reiterates outlook
Mercuria eyes equity in African assets, new metals boss says
Gold price surge adds glitter to tarnished miners
Traders see gold as a surefire bet as coin-toss election looms
Gold price shows little reaction to jobs data
Anglo American sells Australian coal JV stake for $1.1 billion
Environmentalists sue over US approval of ioneer’s Nevada lithium mine
Euro Sun, Glencore enter MOU for offtake on Rovina Valley project
Ecuador to reopen mining register for first time in over six years
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
Liberty Gold advances Black Pine project permitting
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years
St Barbara raises $73m to fast-track Simberi sulphide production
Copper price sees biggest drop since May as Trump’s win boosts dollar
Sibanye agrees wage deal for its gold operations, union says
China’s industry ministry plans to step up lithium, cobalt, nickel exploration
China zinc smelter group sets processing fees for Q1 2025
Brazil prepares to remove illegal Amazon gold miners from Munduruku land
Anglo American sells Australian coal JV stake for $1.1 billion
Solidcore to buy 55% stake in Kazakhstan’s Syrymbet tin deposit for $82.5m
Ecuador to reopen mining register for first time in over six years