Outotec lands EUR 25 million order from China
Finnish company Outotec is to deliver its second ferrochrome plant to Mintal Group in Baotou, China.
The value of the contract is more than 25 million euros.
After agreeing on its design and delivery, Outotec has assumed responsibility for the engineering and supply of proprietary and other key equipment for the Steel Belt Sintering plant.
The plant will have an annual capacity of 700 000 tonnes of sintered pellets, including two 75 MVA smelting furnaces with preheating technology. Some 300 000 tonnes of ferrochrome are set to be produced annually.
“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,” says Robin Lindahl, Outotec’s president of metals, energy & water business unit. “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.”
The Steel Belt Sintering plant is estimated to become operational this year.