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Kemi chrome mine expansion, Finland

9th March 2018

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
Kemi chrome mine expansion.

Location
Kemi, Finland.

Client
Outokumpu.

Project Description
The project aims to deepen the Kemi mine from the current 500 m level to 1 000 m, enabling Outokumpu to maintain the current level of chromite production capacity at about 2.7-million tonnes a year.

Potential Job Creation
Not stated.

Net Present Value/Internal Rate of Return
Not stated.

Value
€250-million.

Duration
The project started in 2017 and is expected to be completed in 2020.

Latest Developments
Outokumpu has awarded Pöyry the detailed engineering, project and site services contract for the expansion of the mine.

The contract includes all basic and detailed engineering services for process, mechanical, layout, civil, structural, process electrification, information and communication technology, automation, instrumentation, heating, ventilation and air conditioning, ventilation and building electrification design disciplines, as well as rock mechanics and rock engineering.

Procurement support, project management and control services, site supervision and commissioning support are also included in the scope. The project started in 2017 and will be completed in 2020.

Key Contracts and Suppliers
Pöyry (detail engineering, project and site services contract).

On Budget and on Time?
Too early to state.

Contact Details for Project Information
Outokumpu investor relations, Tommi Järvenpää, tel +358 9 4213466 or email tommi.jarvenpaa@outokumpu.com.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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