Outokumpu Oyj : site visit to Kemi on June 15, 2022
June 16, 2022 at 03:33 am EDT
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Business area Ferrochrome
Strongly progressing towards carbon neutrality
Site visit for institutional investors, analysts and bankers June 15, 2022
Martti Sassi - President, business area Ferrochrome
Content
Global ferrochrome and chrome ore production
BA Ferrochrome - Fundamental part of Outokumpu's operations
BA Ferrochrome - Global ESG leader in ferrochrome industry
Kemi mine - Towards carbon neutrality and sustainable mining
Summary
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Outokumpu has the only chrome mine in the EU area
Geographical distribution: mines and furnaces
Finland
Sweden
Russia
Kazakhstan
Albania
China
Turkey
India
Chrome ore production by country, 2021
FeCr production by country,
4%5%
3% 3%
12%
35 Mt
60%
12%
1%
4% 4%
7% 4%
South Africa Kazakhstan
India
Turkey
Finland Zimbabwe
ROW
China South Africa
Brazil
Indonesia
2021
11% 14 Mt
42%
Kazakhstan India
Zimbabwe
Chrome Ore Mine
Finland
Zimbabwe
FeCr production
South-Africa
27%
Russia
ROW
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Own ferrochrome production is a fundamental part of Outokumpu's fully integrated value chain
Largest ferrochrome producer in Europe
Part of one of the most integrated stainless steel plants in the world
Safe and modern operations
Kemi chrome mine
The only chrome mine in the EU, largest underground mine in Finland
Minimal impact to nature, concentration process based on gravity separation without chemicals
Tornio ferrochrome plant
Three submerged arc furnaces (SAF) with nominal annual capacity of 530,000 tonnes, SAF3 largest and most efficient furnace globally¹
Substantial cost benefits due to proximity of mine, high energy efficiency and by-product utilization
Ferrochrome delivered to Outokumpu's melt shops and to external customers
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1) In terms of capacity and electricity consumption
Outokumpu is a global ESG and sustainability leader in ferrochrome industry
Environment
Recognized in sustainability
CO2 footprint -70% lower than industry peer average 1) Environmental impacts monitored
Social
Strong focus on safety in operations
Open dialogue with local community
Governance
Systematic Code of Conduct training
Sustainable supply chain management
Total recordable incident frequency,
22.4
business area Ferrochrome
10.2
5.2
4.5
3.1
3.3
0
2016
2017
2018
2019
2020
2021
2022
YTD
ICDA LCI, Industry average 5.2 vs. Outokumpu 1.6 ton CO2-eq/ton FeCr
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Disclaimer
Outokumpu Oyj published this content on 14 June 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 16 June 2022 07:32:03 UTC.
Outokumpu Oyj is one of the world's leading manufacturers of stainless steels. Net sales break down by activity as follows:
- sales of generic steel products (95.3%): rolled products, plates, flat steels, etc. The group also develops ferrochrome production activity. Net sales break down by geographical area between Europe (71.6%) and America (28.4%);
- ferrochrome production (3%);
- other (1.7%): primarily holdings in industrial groups.
Net sales are distributed geographically as follows: Finland (3.5%), Europe (61.2%), North America (28.7%), Asia/Pacific (5.3%) and other (1.3%).
OUTOKUMPU OYJ 
