OUTOTEC, FROM FINLAND, WILL HAVE A NEW FERROCHROME PLANT IN CHINA

Outotec, from Finland, 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.