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Outokumpu
Outokumpu Oyj is a group of international companies headquartered in Helsinki, Finland, employing 10,600 employees in more than 30 countries. Outokumpu is the largest producer of stainless steel in Europe and the second largest producer in the Americas. Outokumpu also has a long history as a mining company, and still mines chromium ore in Keminmaa for use as ferrochrome in stainless steel. The largest shareholder of Outokumpu is the Government of Finland, with 26.6% ownership, including the shares controlled by Solidium, The Social Insurance Institution of Finland, Finnish State Pension Fund and Municipality Pension Agency. Company history In 1908, a large deposit of copper ore was discovered in Outokumpu, in Northern Karelia. Outokumpu was established to develop the now-exhausted mine. In the 1940s, Outokumpu developed the flash smelting process for smelting copper. From 1986 to 1988 Outokumpu participated in a stainless steel cartel; it was caught in 1990, but not fined. ...
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Outokumpu, Finland
Outokumpu is a town and municipality of Finland. It is located in the North Karelia region, west of Joensuu and east of Kuopio. The municipality has a population of () and covers an area of of which is water. The population density is . The most important road connection in the locality is Highway 9. Neighbouring municipalities are Heinävesi, Kaavi, Liperi, Polvijärvi and Tuusniemi. The municipality is unilingually Finnish. The fir-twigged line in the coat of arms of Outokumpu refers to the name ''Kuusjärvi'' (literally "spruce lake") at the time the municipality's coat of arms was established, and the copper symbol refers to Outokumpu Oyj's mines, which later gave their name to the entire township. The coat of arms was designed by Olof Eriksson, and the Kuusjärvi municipal council approved it at its meeting on November 21, 1952. The Ministry of the Interior approved the coat of arms for use on February 18, 1953. History The municipality was formerly known as ''Kuus ...
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Flash Smelting
lang=en, upright=1.3, Development of flash smelting in the copper industry, related to the number of smelters using this technology. Flash smelting ( fi, Liekkisulatus, literally "flame-smelting") is a smelting process for sulfur-containing ores including chalcopyrite. The process was developed by Outokumpu in Finland and first applied at the Harjavalta plant in 1949 for smelting copper ore. It has also been adapted for nickel and lead production. A second flash smelting system was developed by the International Nickel Company ('INCO') and has a different concentrate feed design compared to the Outokumpu flash furnace. The Inco flash furnace has end-wall concentrate injection burners and a central waste gas off-take, while the Outokumpu flash furnace has a water-cooled reaction shaft at one end of the vessel and a waste gas off-take at the other end. While the INCO flash furnace at Sudbury was the first commercial use of oxygen flash smelting, fewer smelters use the INCO flash fu ...
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Boliden AB
Boliden AB is a Swedish multinational metals, mining, and smelting company headquartered in Stockholm. The company produces zinc, copper, lead, nickel, silver, and gold, with operations in Sweden, Finland, Norway, and Ireland. Boliden is linked to major environmental disaster in Spain and is also accused of threatening human rights defenders following thdisposal of toxic wastein Chile. In 2003, in a major deal, Boliden acquired Outokumpu's mining and smelting assets within zinc and copper. The company name comes from the Boliden mine, some 30 km northwest of the Swedish town of Skellefteå, where gold was found in 1924. It was once Europe's largest and richest gold mine, but has since 1967 been defunct. In 2020, Boliden Mineral AB became the first company in Sweden to issue a Strategic Lawsuit Against Public Participation.https://www.boliden.com/globalassets/sustainability/our-responsibilities/in-focus/questions-from-un.pdf https://www.ohchr.org/Documents/Issues/FAssociat ...
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Kemi Mine
The Kemi Mine is owned by Outokumpu Chrome Oy, a subsidiary of Outokumpu Oyj. It is located in Elijärvi, in the municipality of Keminmaa, to the north of Kemi. The Kemi Mine is the largest underground mine in Finland, with an annual production capacity of 2.7 million tonnes of ore. It is also part of the integrated ferrochrome and stainless steel manufacturing chain owned by Outokumpu in the Kemi-Tornio region. The Kemi Mine has approximately 400 employees every day, both employees of Outokumpu and contractors. The purpose of the Kemi Mine in the long production chain from chromite ore to stainless steel is to produce concentrates from ore as raw material for the manufacture of ferrochrome at the ferrochrome plant located in Tornio. The chrome contained in the ferrochrome generated as a product at the ferrochrome plant – used as an alloying material in the steel manufacturing process – is what makes the steel manufactured at the Tornio steel plant stainless. Operationa ...
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Northern Karelia
North Karelia ( fi, Pohjois-Karjala; sv, Norra Karelen) is a region in eastern Finland. It borders the regions of Kainuu, North Savo, South Savo and South Karelia, as well as Russia's Republic of Karelia. It is the easternmost region of Finland and shares a border with Russia. The city of Joensuu is the capital and the largest settlement of the region. North Karelia has successfully reduced chronic diseases through public health measures. In the 1960s Finland led industrialized nations in heart disease mortality rates; North Karelia had Finland's highest incidence. In 1972 a long-term project was undertaken which targeted this risk in North Karelia. The resulting improvement in public health is still considered remarkable, a model for the rest of the nation. North Karelia is also known as the most sociable region in Finland. Historical province Municipalities The region of North Karelia is made up of 13 municipalities, of which five have city status (marked in bold). ...
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Outotec
Outotec Oyj (Outokumpu Technology prior to 24 April 2007) was a Finnish company, headquartered in Espoo, aimed at providing technologies and services for the metal and mineral processing industries. In 2020 Outotec merged with Metso Minerals and new company is called Metso Outotec. The firm concentrated on producing machines and methods which facilitate the various stages of extractive metallurgy and mineral processing from ore through to pure metal or mineral, including the grinding and physical separation of ores and the smelting and leaching of base and precious metals. The company also provides engineering and after-sales services for its products. Outotec was previously a wholly owned business area of Outokumpu, having been established in the late 1940s, but it was spun off as a separate entity in June 2006 when the parent company decided to concentrate on its primary concern of stainless steel. A listing on the Helsinki Stock Exchange followed shortly afterwards, and the ...
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Avesta Municipality
Avesta Municipality (''Avesta kommun'') is one of 290 municipalities of Sweden. It is in Dalarna County, in the central part of the country, and its seat is in the town of Avesta. The municipality in its present size was created in 1967 when the four surrounding municipalities were joined with the then ''City of Avesta''. In 1971 it became a municipality of unitary type. Geography Avesta borders to the municipalities of: * Hedemora in Dalarna, * Hofors and Sandviken in Gävleborg County, * Norberg and Sala in Västmanland County Localities * Avesta (the seat) * Krylbo (part of the seat Avesta.) * Horndal * Fors Sports Speedway: The most successful sport team in Avesta is their speedway team Masarna, translating to "the men of Dalecarlia", competing in the highest division in Sweden. Football: Avesta AIK, Krylbo IF Ladies' handball: Avesta Brovallen HF Ice hockey: Avesta BK Notability 1644–1776, Avesta was the largest part of the Swedish Mint, manufacturing main ...
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Stainless Steel
Stainless steel is an alloy of iron that is resistant to rusting and corrosion. It contains at least 11% chromium and may contain elements such as carbon, other nonmetals and metals to obtain other desired properties. Stainless steel's corrosion resistance, resistance to corrosion results from the chromium, which forms a Passivation (chemistry), passive film that can protect the material and self-healing material, self-heal in the presence of oxygen. The alloy's properties, such as luster and resistance to corrosion, are useful in many applications. Stainless steel can be rolled into Sheet metal, sheets, plates, bars, wire, and tubing. These can be used in cookware, cutlery, surgical instruments, major appliances, vehicles, construction material in large buildings, industrial equipment (e.g., in paper mills, chemical plants, water treatment), and storage tanks and tankers for chemicals and food products. The biological cleanability of stainless steel is superior to both alumi ...
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Stainless Steel
Stainless steel is an alloy of iron that is resistant to rusting and corrosion. It contains at least 11% chromium and may contain elements such as carbon, other nonmetals and metals to obtain other desired properties. Stainless steel's corrosion resistance, resistance to corrosion results from the chromium, which forms a Passivation (chemistry), passive film that can protect the material and self-healing material, self-heal in the presence of oxygen. The alloy's properties, such as luster and resistance to corrosion, are useful in many applications. Stainless steel can be rolled into Sheet metal, sheets, plates, bars, wire, and tubing. These can be used in cookware, cutlery, surgical instruments, major appliances, vehicles, construction material in large buildings, industrial equipment (e.g., in paper mills, chemical plants, water treatment), and storage tanks and tankers for chemicals and food products. The biological cleanability of stainless steel is superior to both alumi ...
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Solidium
Solidium Oy is a Finnish state-owned investment company. Founded in 1991, Solidium's original purpose was to manage the property of SKOP Bank (''Säästöpankkien Keskus-Osake-Pankki''; fi), which went bankrupt in the early 1990s recession. In 2008, the purpose of Solidium was changed to manage the listed minority shareholdings of the Finnish Government. Previously, the government directly owned the stock, and transferring them under a single company was the work of Minister of Trade and Industry Jyri Häkämies. On 1 August 2022, the net asset value of Solidium was EUR 8,968 million. Aside from Solidium, the government still directly owns shares in three listed companies as a majority shareholder. Holdings Solidium took over the state owned shares in 2008 of Kemira, Metso, Outokumpu, Rautaruukki, Sampo, Sponda, Stora Enso and Telia and in 2009 Elisa. Solidium acquired over 5% of Outotec mining technology company's shares in March 2012 while Goldman Sachs reduced its ownersh ...
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Bochum, Germany
Bochum ( , also , ; wep, Baukem) is a city in North Rhine-Westphalia. With a population of 364,920 (2016), is the sixth largest city (after Cologne, Düsseldorf, Dortmund, Essen and Duisburg) of the most populous German federal state of North Rhine-Westphalia and the 16th largest city of Germany. On the Ruhr Heights (''Ruhrhöhen'') hill chain, between the rivers Ruhr to the south and Emscher to the north (tributaries of the Rhine), it is the second largest city of Westphalia after Dortmund, and the fourth largest city of the Ruhr after Dortmund, Essen and Duisburg. It lies at the centre of the Ruhr, Germany's largest urban area, in the Rhine-Ruhr Metropolitan Region, and belongs to the region of Arnsberg. Bochum is the sixth largest and one of the southernmost cities in the Low German dialect area. There are nine institutions of higher education in the city, most notably the Ruhr University Bochum (''Ruhr-Universität Bochum''), one of the ten largest universities in Germany, ...
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ThyssenKrupp
ThyssenKrupp AG (, ; stylized as thyssenkrupp) is a German industrial engineering and steel production multinational corporation, multinational Conglomerate (company), conglomerate. It is the result of the 1999 merger of Thyssen AG and Krupp and has its operational headquarters in Duisburg and Essen. The company claims to be one of the world's largest List of steel producers, steel producers, and it was ranked tenth-largest worldwide by revenue in 2015."The world's largest steel companies in 2015, based on revenue"
''Statista''
It is divided into 670 subsidiaries worldwide. The largest shareholders are Alfried Krupp von Bohlen und Halbach Foundation and Cevian Capital. ThyssenKrupp's products range from machines and indust ...
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