OUTOTEC OYJ PRESS RELEASE JANUARY 22, 2014 at 2.00 PM
Outotec provides technology for Tata Steel for beneficiation of chromite tailings
Outotec has agreed with Tata Steel, a major global steel company, on the delivery of technology for beneficiation of chromite tailings in Sukinda, Orissa, India. The order will be booked in Outotec's 2014 first quarter order intake, but the parties have agreed not to disclose the contract value.
Tata Steel is committed to reduction of the carbon footprint of its operations by at least 20% in the coming ten years. Outotec's beneficiation technology will support Tata Steel with this initiative by enabling the use of a tailings deposit as a raw material source for the production of chromite concentrate.
Outotec's delivery includes basic and detail engineering, technology, process equipment and services for plant erection, start-up, commissioning, and operator training. The plant is scheduled to be operational by mid 2015 and has an annual throughput of approximately 400,000 tonnes.
"We are excited to be Tata Steel's technology partner in this true green mining project with our new concept for tailings treatment. With modern technology it is possible to extract metals from tailings. Using tailings as raw material eliminates the need for energy intensive comminution process, thus reducing carbon footprint of the production substantially", says Kalle Härkki, President of Outotec's Minerals Processing business area.
For further information please contact:
Kalle Härkki, President - Minerals Processing business area
Tel. +358 20 529 2901
Kimmo Kontola, President - APAC region
Tel. +86 2 1619 51122
Eila Paatela, Director - Corporate Communications
Tel. +358 20 529 2004, mobile +358 400 817198