Outokumpu announces brand for low-carbon metals technology
Outokumpu announces brand for low-carbon metals technology Sept 24 (Reuters) - Finnish stainless steel maker Outokumpu OUT1V.HE on Thursday announced the launch of EvoMaterials, a brand for its proprietary low-CO2 metals processing technology.
The technology is based on an advanced sulfidation process and is designed to increase the chromium content and chromium-to-iron ratio in ferrochrome.
It also has potential applications in nickel, molybdenum and metal recovery from industrial side streams, according to Outokumpu's press release.
"As the only chrome mine in the EU, Outokumpu's Kemi mine in Finland provides a unique strategic asset, enabling EvoMaterials to start with enriched ferrochrome and chromium metal," the release said.
The company plans to scale up the technology at a pilot plant in New Hampshire, which is expected to become operational in the first half of 2027, with an industrial-scale facility targeted by 2030.
The announcement highlights growing efforts by western producers to secure critical mineral supply chains and develop lower-carbon metal production technologies.
(Reporting by Anjana Anil in Bengaluru; Editing by Cynthia Osterman)
((Anjana.Anil@thomsonreuters.com;))
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