
Outotec's research center in Pori: 70 years supporting sustainable growth
OUTOTEC OYJ PRESS RELEASE OCTOBER 15, 2019 9:00 AM
Outotec's research center in Pori: 70 years supporting sustainable growth
Outotec Research Center (ORC) in Pori is unique in the industry – its expertise in the minerals and metals processing value chain ranges from ores to finished metals and recycling. The research center was established in 1949, and since then it has been a part of the company's long-term research and development strategy.
ORC has developed numerous cutting-edge technologies. For example, Outotec Flash Smelting, which is still is one of the world’s most commonly used processes for the production of primary copper and nickel, was developed in ORC at the end of 1940s.
The center's laboratories conduct tests on raw materials for Outotec's customers and the related production processes. Current testing capabilities include nine laboratories and pilot plants. Annually, there are approximately 200 research projects with more than 250,000 samples analyzed. Over the decades, ORC has tested virtually all ore types in the world.
There is a genuine need for continuous development of processes since ore deposits are becoming leaner in grade and more difficult to utilize. The conventional methods are often insufficient to make them financially viable. Outotec’s research center in Pori supports customers in selecting and, if necessary, developing new solutions for the efficient and environmentally sustainable extraction of valuable minerals from raw materials.
It can take even decades for a completely new technology to dominate the markets, but once the technology platform is developed, new applications may quickly be found. This has happened to cobalt and lithium processing technologies in recent years with the electrification of transport.
"The cobalt extraction technology was developed in Pori back in the 1960s. However, recently its value has risen to a new level with the advent of electric transport. Thanks to our continuous research and development work, we are able to offer customers new and efficient ways of processing materials such as battery chemicals," says Jarkko Partinen, Vice President, Technology and R&D at the Outotec Research Center.
"Our customers each face unique challenges. It is our job to create solutions that help our customers succeed. We are proud of our process and technology expertise, and having our own research center is a competitive strength. ORC has been characterized by research into environmental protection, the circular economy, and resource efficiency before any of these topics became mainstream. One of the earliest studies, which dates back to 1951 and would nowadays be linked to the circular economy, examined useful applications for sulfur gas roasting residues," says Kalle Härkki, head of Outotec's Metals, Energy & Water business area.
ORC employs 180 research and development professionals. 45 of them are process and technology development engineers, half of whom hold a doctorate level degree. There is a dedicated group working in modeling and digitalizing process expertise. The laboratories employ more than 100 professionals most of them working in three shifts specialized in building and maintaining test rigs and equipment, conducting the test work planned by the process development engineers, and analyzing samples taken from the tests.
In 2018, the research center welcomed more than 1,300 visitors, the vast majority of whom were customers, researchers, and people attending training.
Outotec Research Center will hold a two-day seminar to celebrate 70 years of process development. The seminar will be held on October 15–16, 2019, and the speakers will include leading researchers, professors, and industrial influencers.
For further information please contact:
OUTOTEC
Kalle Härkki, President - Metals, Energy & Water business unit
tel. +358 20 529 211
Saija Kinanen, Director - Corporate Communications
tel. +358 20 529 2044, +358 40 187 5353
e-mails firstname.lastname@outotec.com
DISTRIBUTION
Main media
www.outotec.com
About GlobeNewswire by notified
GlobeNewswire by notified is one of the world's largest newswire distribution networks, specializing in the delivery of corporate press releases financial disclosures and multimedia content to the media, investment community, individual investors and the general public.
Subscribe to releases from GlobeNewswire by notified
Subscribe to all the latest releases from GlobeNewswire by notified by registering your e-mail address below. You can unsubscribe at any time.
Latest releases from GlobeNewswire by notified
Iveco Group signs a 150 million euro term loan facility with Cassa Depositi e Prestiti to support investments in research, development and innovation11.6.2024 12:00:00 CEST | Press release
Turin, 11th June 2024. Iveco Group N.V. (EXM: IVG), a global automotive leader active in the Commercial & Specialty Vehicles, Powertrain and related Financial Services arenas, has successfully signed a term loan facility of 150 million euros with Cassa Depositi e Prestiti (CDP), for the creation of new projects in Italy dedicated to research, development and innovation. In detail, through the resources made available by CDP, Iveco Group will develop innovative technologies and architectures in the field of electric propulsion and further develop solutions for autonomous driving, digitalisation and vehicle connectivity aimed at increasing efficiency, safety, driving comfort and productivity. The financed investments, which will have a 5-year amortising profile, will be made by Iveco Group in Italy by the end of 2025. Iveco Group N.V. (EXM: IVG) is the home of unique people and brands that power your business and mission to advance a more sustainable society. The eight brands are each a
DSV, 1115 - SHARE BUYBACK IN DSV A/S11.6.2024 11:22:17 CEST | Press release
Company Announcement No. 1115 On 24 April 2024, we initiated a share buyback programme, as described in Company Announcement No. 1104. According to the programme, the company will in the period from 24 April 2024 until 23 July 2024 purchase own shares up to a maximum value of DKK 1,000 million, and no more than 1,700,000 shares, corresponding to 0.79% of the share capital at commencement of the programme. The programme has been implemented in accordance with Regulation No. 596/2014 of the European Parliament and Council of 16 April 2014 (“MAR”) (save for the rules on share buyback programmes set out in MAR article 5) and the Commission Delegated Regulation (EU) 2016/1052, also referred to as the Safe Harbour rules. Trading dayNumber of shares bought backAverage transaction priceAmount DKKAccumulated trading for days 1-25478,1001,023.01489,100,86026:3 June 20247,0001,050.597,354,13027:4 June 20245,0001,055.705,278,50028:6 June20243,0001,096.273,288,81029:7 June 20244,0001,106.174,424,68
Landsbankinn hf.: Offering of covered bonds11.6.2024 11:16:36 CEST | Press release
Landsbankinn will offer covered bonds for sale via auction held on Thursday 13 June at 15:00. An inflation-linked series, LBANK CBI 30, will be offered for sale. In connection with the auction, a covered bond exchange offering will take place, where holders of the inflation-linked series LBANK CBI 24 can sell the covered bonds in the series against covered bonds bought in the above-mentioned auction. The clean price of the bonds is predefined at 99,594. Expected settlement date is 20 June 2024. Covered bonds issued by Landsbankinn are rated A+ with stable outlook by S&P Global Ratings. Landsbankinn Capital Markets will manage the auction. For further information, please call +354 410 7330 or email verdbrefamidlun@landsbankinn.is.
Relay42 unlocks customer intelligence with a new insights and reporting module, powered by Amazon QuickSight11.6.2024 11:00:00 CEST | Press release
AMSTERDAM, June 11, 2024 (GLOBE NEWSWIRE) -- Relay42, a leading European Customer Data Platform (CDP), is leveraging Amazon QuickSight to power its new real-time customer intelligence, reporting, and dashboard module. Harnessing the breadth and quality of customer data, the new Insights module empowers marketing teams to dive deep into customer behaviors and gain invaluable insights into the performance of their marketing programs across all online, offline, paid, and owned marketing channels. Preview of the Relay42 Insights module, in pre-beta version Key capabilities of the Relay42 Insights module include: Deep insights into customer behaviors: With the Relay42 Insights module, marketers can ask unlimited questions about their data and gain a deeper understanding of how to serve their customers more effectively. Simplicity with AI-powered querying: Marketers can use artificial intelligence to query their data using natural language search, reducing the reliance on data scientists. Us
Metasphere Labs Announces X Spaces Event on the Topic of Green Bitcoin Mining and Sound Money for Sustainability11.6.2024 10:30:00 CEST | Press release
VANCOUVER, British Columbia, June 11, 2024 (GLOBE NEWSWIRE) -- Metasphere Labs Inc. (formerly Looking Glass Labs Ltd., "Metasphere Labs" or the "Company") (Cboe Canada: LABZ) (OTC: LABZF) (FRA: H1N) is thrilled to announce an engaging Twitter Spaces event on Green Bitcoin mining, energy markets, and sustainability on July 3, 2024 at 2 p.m. ET. Follow us on X at MetasphereLabs for updates and to join the event. What We'll Discuss Bitcoin Mining Basics: Understand the fundamentals of Bitcoin mining.Energy Market Dynamics: Explore how Bitcoin mining interacts with energy markets.Sustainable Innovations: Learn about our efforts to promote sustainability in Bitcoin mining.Sound Money: Discover how tamper-proof currency can enhance stability.Efficient Payment Rails: See how fast, neutral payment systems support humanitarian projects.Carbon Footprint: Compare Bitcoin's environmental impact with traditional banking. "We're excited to host this event and dive into the critical topics of Bitcoin