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Displaying items by tag: Outotec

Outotec has published its 2019 sustainability report today. The online report themed ‘Experts dedicated to sustainable partnerships’ illustrates how Outotec’s experts motivated by our mission, ‘Sustainable use of Earth’s natural resources´ are dedicated to solving demanding challenges in co-operation with customers. By sharing knowledge and combining forces with customers, partners and the scientific community we create sustainable solutions that benefit all parties and the environment.

outotec logo“Our core competence comes from our people and their knowledge. Outotec’s proven technologies and services allow our customers to develop their operations sustainably and get the best value from their assets. We work hard to be the best in the industry when it comes to resource efficiency, energy efficiency, water usage and minimizing emissions,” says Outotec CEO Markku Teräsvasara.

One of the key sustainability achievements in 2019 was our handprint – 6.6 million tonnes less CO2e emissions generated by the metals industry compared to annual industry baselines by using six Outotec’s technologies. Another key achievement was the safety performance as our lost-time injury rate covering both employees and contractors was as low as 0.6. This is the result of systematic long-term safety work and culture.

At the beginning of 2020, Outotec was ranked 18th in the Global 100 Index of the most sustainable companies in the world. Outotec was included in the Index for the eighth consecutive year. In the EcoVadis Supplier CSR Assessment, Outotec maintained the Gold Certificate for our corporate responsibility practices.

In the report, we present cases that exemplify co-creation, high expertise and use of our sustainable technologies. The report also demonstrates our commitment to continuously improve our sustainability performance, data quality and reporting.

The report is prepared according to the Global Reporting Initiative (GRI) Standards and is third-party assured by Ecobio Ltd. The report is available in English at: https://www.outotec.com/sustainability-report/2019

For further information please contact:

OUTOTEC

Tea Maasalo, Director - Corporate Legal & Corporate Responsibility
Tel. +358 40 7008119

Published in Production
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Outotec has been awarded an order by Iron Bridge Operations (IBO) for the delivery of Outotec® HIGmill® high intensity grinding mills and services for the Iron Bridge Magnetite Project in Australia. IBO is a joint venture between Fortescue Metals Group subsidiary FMG Magnetite Pty Ltd and Formosa Steel IB. The order value of approximately EUR 50 million has been booked in Outotec's 2019 fourth quarter order intake.

Outotec’s scope includes the design and delivery of ten advanced HIGmill grinding mills, as well as installation and commissioning and site services to support the customer with site operation and maintenance. The deliveries will take place in 2020 and 2021.

outotec logoWhen complete, the project will produce 22 million tonnes per annum of high grade 67% iron magnetite concentrate product and will deliver an energy efficient operation with globally competitive capital intensity and operating costs.

“After extensive evaluation of available technologies and a comprehensive test work program in collaboration with Fortescue, Outotec HIGmill technology was selected for this industry-first process circuit due to significant benefits in energy savings. Additionally, considering the amount of grinding power required for this project along with Fortescue’s objective to reduce the total number of mills required, the HIGmill, with the world’s highest available installed power in a compact footprint, was best suited to meet the customer’s requirements for this project,” notes Kimmo Kontola, head of Outotec’s Minerals Processing business.

Outotec develops leading technologies and services for the sustainable use of Earth’s natural resources. Our 4,000 top experts are driven by each customer’s unique challenges across the world. Outotec's comprehensive offering creates the best value for our customers in the mining, metal, energy, and chemical industries. Outotec shares are listed on NASDAQ Helsinki. www.outotec.com

For further information please contact:

OUTOTEC

Kimmo Kontola, President - Minerals Processing business unit
tel. +358 40 822 7100

Published in Processing
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Outotec has agreed with Glencore Nikkelverk AS on the delivery of coated Titanium Anodes to the new tankhouse for copper electrowinning plant in Norway. The delivery will include over 5,000 of the new mixed metal oxide coated titanium anodes. The order value, booked into Outotec’s third quarter order intake, is approximately EUR 10 million.

outotec logoGlencore Nikkleverk refinery in Kristiansand Norway produces approximately 40,000 tonnes of copper per annum. Outotec's coated titanium anodes were tested on-site for 5 years, and the results verified that Outotec anodes will operate at a significant reduction in energy consumption and provide higher current efficiency than traditional lead anodes.

Outotec Coated Titanium Anodes provide totally lead-free electrowinning operations and increased occupational health and safety by eliminating lead and lead sludge handling. The end result for Glencore Nikkelverk AS is green technology electrowinning operations with higher quality copper product at lower energy consumption and operating costs.

"This is one more reference delivery of Outotec Coated Titanium Anodes in the copper electrowinning industry. The energy efficiency benefits and lower operating costs of our anodes enable Glencore Nikkelverk to improve their profitability in a sustainable way”, says Kalle Härkki, head of Outotec's Metals, Energy & Water business area.

For further information please contact:

OUTOTEC

Kalle Härkki, President - Metals, Energy & Water business unit
tel. +358 20 529 211

Outotec develops leading technologies and services for the sustainable use of Earth’s natural resources. Our 4,000 top experts are driven by each customer’s unique challenges across the world. Outotec's comprehensive offering creates the best value for our customers in the mining, metal, energy, and chemical industries. Outotec shares are listed on NASDAQ Helsinki. www.outotec.com

Published in Production
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outotec logoOutotec and Yanggu Xiangguang Copper Co. (Yanggu) have settled all legal disputes regarding license agreements and intellectual property rights relating to Outotec Flash Smelting technology (press release on April 2, 2014 and stock exchange release on March 23, 2015).
 
Yanggu has withdrawn its application for summons at the High Court of Shandong Province in China (filed on March 20, 2015) and all its claims against Outotec.

Outotec has withdrawn its arbitration process at the ICC International Court of Arbitration against Yanggu in a dispute relating to license agreements on Flash Smelting and Flash Converting technologies and all its claims against Yanggu.

These settlements have no impact on Outotec's financial guidance for 2015.

For further information please contact:

OUTOTEC

Nina Kiviranta, General Counsel
Tel. +358 20 529 2017

Published in Ferrous Tube / Pipe
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