DATA

Metso Outotec signs equipment deal with Ferrexpo

The company said the order includes major modifications to the travelling grate, rotary kiln and annual cooler.

 Horishni Plavni

Horishni Plavni

Metso Outotec has signed an agreement to deliver essential equipment to expand an existing production line at the Ferrexpo Poltava Mining iron ore grate-kiln pellet plant in Horishni Plavni, Ukraine.

The company said the order includes major modifications to the travelling grate, rotary kiln and annual cooler. It will increase the kiln's production line to over six million tons of iron ore pellets per year, according to Metso Outotec.

The equipment order will cost approximately €18 million ($20.43 million).

Chris Urban, vice president, heat transfer products at Metso Outotec, said the two companies have "developed a strong relationship." Additionally, he said the latest project at the Poltava plant would "substantially increase production" and cause "considerable improvements" in fuel and power consumption.

Jim North, interim chief executive officer at Swiss-based mining company Ferrexpo, explained that it is deploying "modern, energy-efficient technologies" that will help it achieve more significant volumes of high-grade iron ore pellets. This, he continued, will help facilitate decarbonisation in the global steel industry.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalog of 2022 Initial Resource Estimates and recent discovery successes.