Technology awards 2008 granted at Outotec Technology Seminar
Outotec granted 22 employees a Technology Award at the Outotec Technology Seminar on June 10, 2008 in Helsinki, Finland, in conjunction with the Millennium Technology Week. The awards totaled approximately EUR 100,000. Outotec's Technology Award is aimed at encouraging the employees to make new technological inventions and innovations.
"Outotec is a corporate partner of the Millennium Technology Prize. Sustainable technology is at the heart of everything we do. Our business is to develop new technologies, which benefit our customers, while taking into account economical, social and environmental issues. To encourage this, we do everything possible to support innovation, by rewarding people for ideas and investing in research", stated CEO Tapani Järvinen in his speech titled 'Success through sustainable technologies' to the audience consisting of the company's various stakeholders.
Other speakers in the Outotec technology seminar were the 2008 Millennium Technology Prize Laureate, Professor David Payne from Southampton University and Professor Pekka Himanen from the University of Art and Design in Helsinki and Visiting Professor at Oxford University.
Senior Awards granted
Senior Awards for numerous significant contributions to Outotec over a long career were granted to:
-******* Christian von Alfthan for active involvement in the development of sampling and analysis technologies and applications. He is the inventor of 9 patents, which have significantly contributed to the Outotec's global market leader position in the on-stream analysis of slurry particle size and elemental composition;
-******* Dr. Ali-Naghi Beyzavi for the development of recently patented microgranulation technology that allows Outotec to apply fluidized bed technology to very fine materials. In addition, he is one of the inventors of the Circosmelt® process for treatment of titanium-containing ores;
-******* Väinö Kylä-Heikkilä for his deep commitment to designing automation for the anode casting systems. Some 80% of the world's copper anodes are cast using Outotec casting machines. The reason why Outotec is a global leader in casting shop deliveries is particularly thanks to the smooth operation of the highly automated casting machine. In addition, Mr. Kylä-Heikkilä has participated in the engineering, delivering and commissioning of almost all Outotec casting shops, the number of which is close to 70 all around the world; and to
-******* Dr. Antti Roine for the development of the world's most popular thermodynamic software, HSC Chemistry®. He started the development work alone 33 years ago for personal purposes to make thermodynamic calculations easier. Until today numerous processes associated with Outotec's business cases and R&D projects have been modeled using this software and over 14,000 copies of the Windows version of HSC Chemistry® have been sold to chemical and metallurgical industries and universities in 75 countries.
Junior Awards granted
Junior Awards for demonstrating exceptional innovativeness and commitment to Outotec as a junior employee were granted to:
-******* David Cachero Ventosa for his significant contribution to engineering of sulfuric acid plants;
-******* Tuukka Kotiranta for active involvement in the development of process modeling concepts and the HSC Sim Flowsheet Module;
-******* Antti Rinne for significant contribution to the commercialization of the FloatForce® flotation mechanism, especially ensuring the global manufacturing capability of the new components;
-******* Rami Saario for a keen interest in developing equipment in the copper solvent extraction projects even with radical changes to achieve more feasible solutions; and to
-******* Dr. Jari Tiihonen for remarkable activity, capability and innovativeness in the field of zinc hydrometallurgy.
Team Awards granted
Team Awards for a team whose joint effort has resulted in a significant technological contribution were granted to two teams:
- Team realizing FloatForce®, the new family of flotation mechanisms. This core team has accomplished the customer need analysis and business studies, fundamental research, development and commercialization of the FloatForce® flotation mechanism. Based on creative idea generation, systematic physical and computational modeling, test work from laboratory to industrial scale and a careful commercial launch, it has brought the first radical change to the mechanical flotation technology market since the introduction of OK mechanisms in the 1960s. The team members are Raimo Airola, Peter Bourke, Dr. Rodrigo Grau, Sami Grönstrand, Seppo Ronkainen, Klaus Schommarz, Juha Tiitinen and Janne Turunen (Helsinki University of Technology); and to
- Team that successfully developed a new green anode paste plant and spent anode crushing technology for aluminum smelters. This technology was a key success factor in the EUR 100 million contract with Dubai Aluminium. The team members are Manfred Beilstein, Rudolf Gemein, Ulrich Hüwel, Klaus Jungk and Dr. Michael Ströder.
Outotec to deliver minerals processing technology for Salobo in Brazil
Outotec has been awarded a contract by Salobo Metais, a subsidiary of Vale, for the design and delivery of flotation and thickening technology for the first phase of Salobo Copper Project in Carajás, Brazil. The contract value is approximately EUR 9 million.
Outotec's scope of delivery covers 24 TankCell® 200 flotation cells equipped with blowers and air ducts, one high-rate thickener of dia 15m, one clarifier of dia 15m, spare parts and the supervision of installation.
Salobo's concentrator is estimated to produce in the first phase 100,000 tonnes of copper concentrate and, as a by-product, 130,000 ounces of gold annually.
Outotec's technology is due for delivery at the end of 2009.
Outotec and Kazgiprotsvetmet agree on strategic partnership
Outotec and Kazgiprotsvetmet (KGCM) of Kazakhstan have signed an agreement on strategic cooperation in the marketing and providing of minerals processing and metallurgical plants and related services in Kazakhstan and the surrounding countries.
Outotec is a leading developer and supplier of proprietary technologies for the mining and metallurgical industries globally. KGCM is the leading engineering company in Kazakhstan focusing on ferrous and non-ferrous metallurgy, processing of rare metals and rare earths, gold mining and machine building. With this new strategic partnership and the combined resources of Outotec and KGCM, the companies aim to increase the number of concentrator and metallurgical plant projects and provide more versatile services to the customers in the area.
"Kazakhstan has the world's largest chromium resources as well as significant resources and production of uranium, silver, phosphorus, nickel, coal and gold. We have already cooperated with KGCM in our earlier large projects in Kazakhstan and I believe that the strategic partnership will provide us more growth opportunities," says Tapani Järvinen, CEO of Outotec.
Outotec signs a service agreement with Boliden in Sweden
Outotec and Boliden have made a five-year agreement concerning consulting, engineering and project services for Boliden's mines and smelters in Sweden and Tara mine in Ireland.
The delivery of services is continuation of long strategic cooperation between the two companies. The services will be provided by Outotec's Skellefteå office, which employs some 150 people.
"Our target is to significantly grow our services and after sales business in the next few years. This agreement demonstrates our capability of delivering value-adding services for our customers, who benefit from Outotec's broad experience in designing and operating various processes. Our customers can focus on their core business, metals production," Tapani Järvinen, President and CEO of Outotec says.
Outotec has won a significant order for the delivery of grinding technology to a major international mining company. The contract value is approximately EUR 75 million. The customer does not want to disclose further details of the project at this stage. The delivery agreement was signed due to the long delivery times of grinding mills.
Outotec's delivery is planned to take place over the period 2010-2011 and it covers the engineering, supply, installation supervision and commissioning of Autogenous, Ball and Regrind mills.
The order is included in Outotec's 2008 second quarter order backlog.
Outotec to deliver a copper plant for Southern Peru Copper Corporation
Outotec to deliver a copper plant for Southern Peru Copper Corporation
Outotec has agreed with Southern Peru Copper Corporation (SPCC) for the delivery of a copper solvent extraction and electrowinning plant for SPCC's Tía María project in Arequipa region in Peru. The contract value is USD 150 million (over EUR 90 million), out of which USD 90 million is already included in Outotec's 2008 second quarter order backlog.
Outotec's scope of delivery covers basic and detail engineering, proprietary equipment and services for the construction supervision and commissioning.
SPCC's Tía María project includes the development of a new processing unit for the Tía María and La Tapada deposits. When completed in 2010, Tía María is expected to produce 120,000 tons of copper cathodes per year.
"This project is the largest solvent extraction and electrowinning project in Outotec's history and it further strengthens our position as a market leader in copper solvent extraction technologies," says Tapani Järvinen, CEO of Outotec.
Outotec Chile Ltda.
Felipe Viguera, General Manager
tel. +56 2 336 2121, +56 9 9309 9310